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Bullboard - Stock Discussion Forum Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and producer of copper, zinc, lead, and silver. Its portfolio of assets, prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations is Ahafo. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America and Caribbean (LATAC... see more

NYSE:NEM - Post Discussion

Newmont Corporation > Arbinger
View:
Post by MaterialsMan on Jul 12, 2024 7:53am

Arbinger

Having earned a livelihood in the hospitality business during my working career, I found over the years that weakness in the dining industry usually preceded a strong dip in the economy.
Restaurant chains are going belly up left and right.
A tough economy is usually a positive catalyst for the price of gold.
Just sayin.
Comment by 5oceans on Jul 22, 2024 3:05pm
Who knows what will happen tomorrow? That said, you got your eye some trend that makes sense. Good for you.  Well, i believe that gold will keep its value going up and NGT will benifit. I think this Q2 we will see reflection of higher Au price.
Comment by Crashcomingsoon on Jul 24, 2024 5:18pm
My Comment: The US$ and all fiat is being destroyed. Meanwhile, real money (ie PMs) keeps falling. Fast food restaurants are a prime example of extreme price inflation.  I don't go to fast food restaurants (I get ads in the mail), but I wonder how they manage to stay in business.  And lots of luck with any course correction on the national debt given the priorities of the US ...more