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Newmont Stock Up 33%! My thesis proved correct.

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Published: 25 Apr 2020 โ€บ Updated: 25 Apr 2020Newmont Stock Up 33%! My thesis proved correct.

Newmont Stock Up 33%! My thesis proved correct.

It's been about 23 days since I made my post about Newmont being a beneficial way to gain exposure exposure to gold while still gaining income. Since then the stock is up around 33%. I have been holding the stock since that time so I have seen a nice return on my investment. Of course I don't give investment advice but anyone who followed my trade would have made some sweet returns. Now where the stock goes from here is obviously dependent on the price of gold and a large move to the downside would crash the stock much lower. So there are still many risks involved but I'll hold out until there's more clarity on the 'rona situation.

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