Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Miracle Max

Newmont Mines took the high road and was smacked about the head last week. Those of you who are fans of the Princess Bride will remember Billy Crystal playing Miracle Max when he lifts and drops the arm of the unconscious Westley and says "I've seen worse".

I can't find a nice long term comfort giving weekly/monthly trendline.

HOWEVER the price of gold looks relatively healthy. This could be a great buying opportunity. Watch the chart below along with Newmont for signs of life.

[Most Recent Quotes from www.kitco.com]

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