Newmont

Founded in 1921 and located near Denver, Colorado, Newmont Mining Corporation (NYSE/NEM) is one of the world’s largest gold mining and producing companies with operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand, and Mexico. The company employs 34,000 people. Newmont is included in the S&P 500 Index. In 2007, Newmont became the first gold company selected to be part of the Dow Jones Sustainability World Index.


Is Gold’s Near-Death Crisis Over-Exaggerated? Concerns of a Market Meltdown May Not Be

By Wednesday, April 17, 2013
Is Gold’s Near-Death Crisis Over-ExaggeratedCommodity prices have been heading lower on the charts. In fact, it has been an awful few days for gold as prices plummeted, failing to hold $1,500 an ounce. Prices dove right through support at $1,400 to $1,385.62 on Monday—the lowest level since 2011. The shiny yellow ore is in a bear market. Down 27% from its magical peak of $1,920 in .

Mining for Riches with Junior Miners

By Friday, January 4, 2013
Mining for Riches with Junior MinersGold and silver are currently taking a breather on the charts, but if the global risk holds, I wouldn’t be surprised to see a rally in the precious metals this year. I can see gold breaking to $1,800 an ounce, something that nearly materialized on October 5, 2012, when the price of cash gold traded at $1,795.78 prior to slipping. In fact,.

Looking Ahead: Economy Remains a Drag on Corporate America

By Wednesday, December 19, 2012
Economy Remains  a Drag on Corporate AmericaWhile the stock market rallies on optimism towards a resolution to the fiscal cliff, I feel traders are ignoring the problems of slowing growth in corporate America. The reality is that the fiscal cliff will be resolved or the deadline may be extended, but President Obama will need to fix the massive national debt, while also getting people.

Newmont—the “Best of Breed” of All Gold Stocks

By Friday, November 30, 2012
Gold ProducersThere’s been plenty of talk around here regarding gold and whether the precious metal is heading for $2,000. In my view, the current global risk will support and drive gold higher. (Read “The Stock Market Event You Need to Guard Against Right Now.”) For any gold investor, the question is whether to buy the physical bullion or gold.

Stock Market Outlook Solid Based on Earnings and Valuation

By Wednesday, August 29, 2012
Stock Market Outlook Solid Based The stock market certainly isn’t going up because of stronger expectations for corporate earnings. But I think all the conservative forecasts by corporations will lead to another quarter of mostly outperformance this upcoming earnings season. Companies have consistently been able to generate good earnings, even with lackluster.
Sep. 2, 2015
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter) $1014.15
Trailing 12-month Price/earnings multiple (Most Recent Quarter)

17.44

Dow Jones Industrial Average Dividend Yield 2.71%
10-year U.S. Treasury Yield 2.14%

Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.

Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.

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From: Michael Lombardi, MBA
Subject: 200% Profit on the Ultimate "Fear Gauge" Play

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