I opened $Newmont Mining(NEM)$  ,NEM: bought in some Newmont Mining shares in the pre market as gold is in play and above $2500 an oz. The mining company breakeven for gold is much lower and its mines are efficient and in less conflict countries. Will DCA into this as proxy for gold.
NEM
08-26 15:04
USNewmont Mining
SidePriceRealized P&L
Buy
Open
52.20--
Closed
Newmont Mining
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  • NEM has alot to do in its transformation plan, but if it executes well it could deliver significant free cash flow from both gold and copper. Personally I'm not buying the large caps at this point, but selling some puts and adding to Perseus, Spartan, and DeGrey which I think have significant upside still.
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  • jgaldon
    ·08-27
    Great move IMHO, and notice how there are mostly no post on Gold or gold related instruments by top people here
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  • Tracccy
    ·08-26
    Great move! Newmont Mining is a solid choice for exposure to the gold market. Happy investing! 🚀📈
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  • Aqa
    ·08-26
    Liked and shared
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  • Tzitxuan
    ·08-27
    Great article, would you like to share it?
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  • Kashcash
    ·08-26
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  • 33Serene63
    ·08-26
    👍👍
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