All You Need To Know

Aug 9, 2018

Those who follow & or worry about the precious metals and mining stocks can relax in the comfort of a three year chart of Newmont Mining.(NEM) While sentiment is abysmal, and gold and silver seemingly can't find a bottom, a look at the chart of NEM shows absolute beauty! Anyone that has followed my posts over the two plus years that I have been on Tradingview, knows that in 2017 and 2018 I had a number of Buy recommendations at 32 when NEM was above that. It hit it on a number of occasions and even dipped below once or twice. Newmont has not only been nowhere near it's 2016 or 2017 lows, it hasn't even gotten back to the 32 area where I said to buy it. This, while gold and silver and the mining stocks get killed. Remember, NEM went from 15 to 45 in the 2016 rally. It will more than triple to new all time highs over 100 sometime in 2019! Buy and be happy don't worry. Chartmaster