I see I've bought 50 shares of Newmont Mining Corporation (NEM), a gold producer, with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. Well, I hadn't planned to buy gold for my retirement portfolio, but apparently if you do, you'll be helping me.
Discovery & Development | Newmont Mining Corporation
Monday, February 28, 2011
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1 comment:
Murray sez:
Well, if it reaches it's high again you will earn about 4 bucks a share which would give you a 7% return. Not bad by today's standards. Plus it pays a slight dividend. Of course if gold really increases, Obamaflation will take care of that gain quick pronto!
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