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Newmont
DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced it will release its 2021 guidance and longer-term outlook before the market opens on Tuesday, December 8, 2020 and will hold an investor update conference call at 9 a.m. Eastern Time (7:00 a.m. Mountain Time) the same day. The investor update will also be carried on the Company’s website.
Maybe waiting for this to-happen so get in while you can Gold has bounced off strong resistance so all looks good
Short term drop in gold due to vaccine hopes however the true realisation of world debt will underpin the gold prices.
Gold production is down the Chinese are buying large reserves of gold.
Gold price will rise soon plus drilling results will create a great demand for shares driven up the price here so buy whilst cheap.
-3.17% -3.28% -5.20%
Gold Price Forecasts - Analyst Predictions
Gold-Eagle has been analyzing gold markets and publishing gold price forecasts for over 23 years. Our staff and contributing analysts include world reknowned precious metal experts and market analysts. The gold price forecast data below represents the average predictions of a diverse panel of expert gold market analysts. Their assessments of gold price trends are based on a variety of methods including: expert technical analysis, market fundamentals, current market sentiment, and an analysis of global economic and political events. Bookmark and/or link to this page to check back every week. Updated every Monday am.
Last Updated: November 17, 2020
Gold Forecast Short Term
BULLISH
PRICE DRIVERS FOR NEXT 6 WEEKS:
US dollar, lame duck stimulus or lack thereof, covid stimulus package, and real interest rates.
Gold Forecast 1 Year
BULLISH: $2,133
MEDIUM-TERM PRICE DRIVERS:
US dollar, fiscal stimulus, retest of 2011 all-time high, interest rates/bond prices, safe haven appeal.
Gold Forecast 3 Years
BULLISH: $2,950
LONG-TERM PRICE DRIVERS:
Weaker US dollar, Coronavirus stimulus round 2, central bank monetary easing, growth of the money supply, worldwide deflation, MMT, negative real rates, yield curve control, safe haven appeal.
Just managed to get a few more hard to get quote to sell or buy so lowered my order.
Once we see the impact on the balance sheets of many companies next year of covid the massive debt gold will flourish.
I’m here for the long term.
The newmont invester relation meeting is on the 8th December I’m sure we will be mentioned.
Then a progress report during the AGM
So hopefully a nice early Xmas present.
Fast tracked diamond drilling campaign will soon release lots of good news hopefully
What is clear there will be even fewer shares during the next bull run.
Low volume and more buys then sells over the last few weeks have reduced the potential free float.
Many will be locked in above 30p.
Canada close strong.
Hopefully a good rise for the rest of the week.
DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced it will release its 2021 guidance and longer-term outlook before the market opens on Tuesday, December 8, 2020 and will hold an investor update conference call at 9 a.m. Eastern Time (7:00 a.m. Mountain Time
Hopefully some updates on Omi I’m 79% up on newmont with increasing dividends too.
Just bought a few more took awhile but easy to sell at 23.
It will unfold soon.
World debt will unravel in the coming months countries printing money will drive up gold prices.
Drilling soon under way and fast tracked.
The magnetic field survey lit up like an Xmas tree.
It’s not like two years ago the drilling and funding all in place by experts in there field.
The essay results were wold class over a large area.
I’m just buying when I can before I’m locked out.
GLA
Rolls Royce diluted there shares to raid cash and keep trading they are paid for the hours the plans are flying the main part of there business.
Hopefully the vaccine news will helped were over 6pounds at one point.
I hope industries will recover soon I miss my foreign holidays.
I think RR is still cheap
The magnetic survey lit up like an Xmas tree the previous scatter drill results returned world class Gold grades.
I’m glad I’ve had the opportunity to buy a few more at these prices.
Gold will continue to rise as the world comes to terms with massive debt.
The low market cap allows for massive swings an growth potential.
We have experts in there field involved.
The region has delivered massive gold finds.
The government are giving them backing.
Two majors involved so no need for dilution.
Fast track drill program underway.
Gold grades found a lot shallower then GGP .
I will keep topping up until 50p .
Hi
The best bits .
Solid Q3 results from Newmont. Lots of positive signs in my opinion. -Drastic Increase in cash position (super strong liquidity) -Decreased Inventories -Decreased LT Debt -Net Debt to adjusted EBITDA of 0.4x -60% increase in Dividend