24 Burst results for "Newmont"

Closing prices for crude oil, gold and other commodities

Bloomberg Surveillance

01:28 min | 2 months ago

Closing prices for crude oil, gold and other commodities

"Let's get some more color on those equity markets. We can't do that with Bloomberg Markets reporter Pretty Gupta critic. What you looking at this morning? Well, Good morning, Paul. Good morning, Bonnie. It is very low volume today also sing very low volatility, so it's slim pickings were talking about individual equity movers. But I'm gonna give it a shot under the hood here. The big story here is gonna be in biotech and sage Therapeutics. Ticker s a G partnering with Biogen. Take Herbie II be to develop and commercialize their depression and movement disorders. Drugs Iran alone now Excuse me if I pronounced that wrong, but you really saw Sage Therapeutics really skyrocket in the pre market share's going up 15%. Also to the upside AMC networks that film the Cinema Company, Of course, Take a M C X. Joining the small cap 600 Index shares up 6.5% in the premarket on I do want to go to the downside because those stories seem to be a little bit more interesting for me. But crypto Link stocks really declining here with Bitcoin declining for its third day as well, You're seeing the likes of riot Blockchain ticker R I O t down about 17%. Marathon patent Group M A. R A. Is the ticker another 17% drop there and Big Digital Beaty Beaty down 14% Once again, those are those crypto link stocks and we huge mentioned that decline in gold as well. Paul. Those gold stocks is gold mining stocks were down by Newmont and barracks gold under a little bit of pressure this morning, Newmont down 1.4% of the pre market very scold down about a percentage and a half

Herbie Ii Sage Therapeutics Cinema Company Biogen Bloomberg Bonnie Paul Marathon Patent Group AMC Depression Iran Bitcoin Beaty Newmont
Gold price hits record high amid fears over coronavirus crisis

Balance of Power

02:42 min | 6 months ago

Gold price hits record high amid fears over coronavirus crisis

"Today, reaching new record highs and here to take us through. Why that's happening is our chief markets editor. She's scarlet food scholar. What is going on? Oh, David. I mean, this is a story that's been going on for a couple of weeks here, But today we did see gold reaching new high. The next stop is $2000 Alex, Of course, we did surpass the highs we saw. In September of 2011 and we say both gold and a silver on a tear here Now the stock of the R If we had to pick one would be G l D. This is the biggest gold. It's trading at a nine year high and DLD tops the leaderboard inflows. Last week it attracted $1.3 billion inflows. Bringing your to date flows to more than 18.5 $1,000,000,000 the second most after the vanguard S and P 500 fund. Why now, While we've got the Federal Reserve meeting this week, and the central bank will almost be guaranteed to signal lower for longer. A lot of investors are interpreting that to mean lower forever that is weighing down on the dollar, weaker dollar, stronger commodity prices like gold. In addition, you've got the new co bit outbreaks across the United States and, of course, renewed U. S. China tensions So in the same regard, we're also seeing Bitcoin get a bid higher as well. Bitcoin trading above 10,000 $10,000 at the moment now within the S and P 500 year looking for companies, Newmont Mining is the on ly gold miner there. It is higher seventh day of gains to a record high. Also among foreign company stocks. Common stocks traded in the U. S. Nine out of the 10 most actively traded our gold or precious metals miners and can see some of the names right. There was this guy when you talk about a weaker dollar and people buying gold, traditionally, one would think that's a hedge against inflation. Now inflation hasn't been anywhere for a long time. Should we be looking out for the possibly inflation is down the road. While people are definitely talking about it all that massive fiscal stimulus has got people worried that there will be inflation down the road. It's been deflationary so far, but we've seen break even rates start to creep higher and Bond yields are negative on a real basis when adjusted for inflation, So you've got negative really yields adding to the situation one thing to note here even as we talk about gold prices, heading to new record highs and potentially getting to 2000 on a nominal basis, Yes, there at a new level, but when you adjust for inflation there, so below the levels we saw in 2011 and far below the levels that we saw in the 19 eighties, so there is room to rise further. And that's why you see a lot of the analyst projecting higher prices for Gold Bank of America, for instance, sees gold getting 2 $3000 over the next year and 1/2 you B s a little bit more conservative, Forecasting $2000 by the end of September 2000 is definitely the next level Toe Watch. We don't know whether will happen in days or in a couple of weeks. A lot of talk there about how there might be some consolidation in the weeks ahead before we eventually get to that 2000.

Gold Bank Of America Gold Miner Newmont Mining Federal Reserve Markets Editor Alex David Analyst United States Bitcoin China
Fast Money

CNBC's Fast Money

03:47 min | 7 months ago

Fast Money

"It's time once again to answer your burning market questions. Total request was such a hit guy of lots of fun, right? We've got so many questions. We thought we'd take some more. And our first question comes from John and Long Island. Guys. This is John from long. Island by question on salesforce, our border in the march lows, and it seems to hit a resistance point at two hundred dollars a share. Do you think I should sell right now as it may not only exhilarated from here. Hold or potentially by more on your thoughts. Thank you. All right John From Long Island, Jeff males! What do you say to him about crm? Well look if you bought at the lowes. You're probably working on a thirty five forty percent gain something like that so I think at that point in time. It's always smart to take a little bit off the table so I would start there. John but I'd also say. The stock is holding a multiyear uptrend. It looks like it wants to break out to a new absolute high. It looks like it wants to break out to a new relative high versus the SNP so I actually think that you can play the momentum and salesforce, but definitely take a little bit off the table if you're games, are that big? I tend to agree I. Mean it's really not just about my view on the stock. It's about what is the prudent way to go ahead and risk manage up thirty five forty percent. You one hundred percent need to be taking some chips off the table. I would agree I would agree as well in terms of the long-term uptrend. I would say it is pressing down a little bit towards if I remember correctly is fifty day moving average, but as long as it holds those long term averages. With, at least a portion of of my investment, absolutely all right, our next question is an international one. It comes to Roberto all the way from South Africa. I'm loving the show all the way from South Africa. Wanted to ask question relating to gold. It has run within one hundred dollars of historical high. So my question is. Is it time to start shorting gold and gold stocks? I mean even full Toronto two thousand. There should be more downside than up rats. I just wanted to say. Thank you for having me on the show. And thank you for your amazing analytics. As! Roberto from South Africa Guy Jami who knew we had fans although in South Africa. That is unbelievable. You know when back in another life one of our largest clients was the Reserve Bank of South. Africa And the road I believe from Pretoria to Johannesburg. Is Route One on one? And that was the codename Anecdotal Story I. Know Nobody Cares shorting gold here to me is a very short term trade. I do not although you had a huge reversal Newmont huge reversal panamerican. Silver today I. Don't think that's the right way to play. It I'm of the belief. That Gold's going to continue to move higher as his silver, and as are the mining stocks. You can be selective if you WANNA try to short them, but Roberto I stay long the commodities specifically gold and silver for the next six to nine months for sure Jaffa was your Taylor South African friend. Yeah I think that's probably too and I'll comment on silver specifically as well you know that's put in a massive base, and it looks to be breaking out to the upside so I agree with Guy Look in this environment. You might be able to play it on the short side for a quick trade, but overall I just think momentum's too strong you. You have had flows that are really aggressive into gold and the gold miner, so for that reason I think you can play it on the short side near term, but the momentum strong so I think looking out any further than maybe a month or so you probably want to stay on alongside of it

South Africa John Roberto Long Island Gold John From Long Island Gold Miner Reserve Bank Toronto Pretoria Johannesburg
"newmont" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:35 min | 2 years ago

"newmont" Discussed on Bloomberg Radio New York

"I'm Jim also. And I'm Ed Baxter Newmont Mining says. No, thanks rejecting an unsolicited bid from Barrick Gold. That would have created the world's largest gold producer Newmont Mining CEO. Gary Goldberg told Bloomberg's at Hammond, he'll be meeting with Barrick Gold. Mark Bristow to talk through their differences and to discuss a potential joint venture in Nevada near the joint. Venture is a realistic and bona fide offer to sit down, and that's what we need to do. We haven't done that sit down with Barrick and work through the details to be able to deliver. What we both believe our synergies that are available in Nevada for both our shareholders our approach we've taken is. We've reviewed what they proposed here week ago. We look at our own track record in terms of delivery. We're up sixty five percent and total shareholder return since two thousand fourteen barracks down twenty two percent. We've we've looked at what they've proposed and it just doesn't stack up against what we've got in terms of the gold. Corp transaction to be able to deliver that four point four billion in value from things we've identified by applying our proven operating model to our assets versus what they've proposed. And also we believe we can get both. We can do the Goldcorp transaction and work with barracks deliver that value from Nevada rancher what they propose so Bristow asked you for meeting. Have you accepted there? We have I've gone back to them. And I'm looking forward to hopefully, catching up with him. This will be to discuss the JV or to discuss the potential for merger. This'll be the discussion on the joint venture with what we proposed. So obviously the offer they made their opening.

Barrick Gold Mark Bristow Nevada Ed Baxter Newmont Mining Newmont Mining Barrick Jim Hammond Gary Goldberg Bloomberg CEO Goldcorp producer sixty five percent twenty two percent
Barrick, Newmont work toward joint-venture deal

Bloomberg Best

01:34 min | 2 years ago

Barrick, Newmont work toward joint-venture deal

"Newmont Mining says. No, thanks rejecting an unsolicited bid from Barrick Gold. That would have created the world's largest gold producer Newmont Mining CEO. Gary Goldberg told Bloomberg's at Hammond, he'll be meeting with Barrick Gold. Mark Bristow to talk through their differences and to discuss a potential joint venture in Nevada near the joint. Venture is a realistic and bona fide offer to sit down, and that's what we need to do. We haven't done that sit down with Barrick and work through the details to be able to deliver. What we both believe our synergies that are available in Nevada for both our shareholders our approach we've taken is. We've reviewed what they proposed here week ago. We look at our own track record in terms of delivery. We're up sixty five percent and total shareholder return since two thousand fourteen barracks down twenty two percent. We've we've looked at what they've proposed and it just doesn't stack up against what we've got in terms of the gold. Corp transaction to be able to deliver that four point four billion in value from things we've identified by applying our proven operating model to our assets versus what they've proposed. And also we believe we can get both. We can do the Goldcorp transaction and work with barracks deliver that value from Nevada rancher what they propose so Bristow asked you for meeting. Have you accepted there? We have I've gone back to them. And I'm looking forward to hopefully, catching up with him. This will be to discuss the JV or to discuss the potential for merger. This'll be the discussion on the joint venture with what we proposed. So obviously the offer they made their opening

Barrick Gold Newmont Mining Mark Bristow Nevada Barrick Gary Goldberg Hammond Bloomberg CEO Producer Goldcorp Sixty Five Percent Twenty Two Percent
"newmont" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:08 min | 2 years ago

"newmont" Discussed on Bloomberg Radio New York

"Are at the executive conference here in Arizona. Right now, let's get a check on spa. Make cap shares a little bit of weakness there. Dave Wilson, Bloomberg stocks editor joining joining us from New York. So what's driving that definitely a bit a week this Lisa when you see the Russell two thousand index down six tenths of a percent, the S and P five hundred higher by one tenth of a percent. One of the biggest declines in. The Russell belongs to children's place, whose ticker is P L C E that stock down ten and a half percent. The retailer posted disappointing results for the fiscal fourth quarter and forecast an unexpected first quarter was on top of that children's play said it would buy assets of the bankrupt chains Gymboree and crazy eight a Hawaiian holding ticker H A has fallen nine percent. The carrier was lowered to sell from hold at Deutsche Bank, which cited Southwest Airlines imminent debut of flights to Hawaii south west got US regulatory clearance to. Begin those flights last week. Now, why the Russel's biggest gains belongs to blue-green vacations, ticker be x g the timeshare owner is up eighteen and a half percent after bbx capital, buyout, other shareholders Rabab one hundred and fifteen million dollars. Bbx owns a ninety percent stake. At the moment, actually, blue-green skein is the biggest in the Russell. We're also seeing gene therapy. Stocks higher after Biogen. Agreed to buy nights star therapeutics were about nine hundred million dollars. So you've got Voyager therapeutics ticker V, Y G R up nine and a half percent. And that beer and biotechnologies ticker on that one AD VM up about eight and a half percent. Bloomberg stocks editor, Dave Wilson. Thank you so much. Well, Newmont Mining has rejected. Barrick Gold seventeen point eight billion dollar unsolicited takeover bid a deal that would have created the world's largest gold producer. We've got. Ceos are attacking each other in their performance since the deal was announced. US goldminer instead offers a joint venture for Nevada mines lots of moving pieces here to help us kind of piece. It all together is Danielle Bo cove Danielle is Bloomberg's of metals and mining reporter in Toronto. So Danielle thanks so much for joining us. What is the latest here for this this deal this massive deal in the metals and mining space, the latest is that we've we've had this rejection come from Newmont this morning. Everybody was largely expecting this. But they hadn't responded when Barrett came through last week with an unsolicited proposal for Newmont Newmont had an obligation to tickets to take it to its board. So that's really what's been happening over the last week, and they've been reaching out to investors and they've come back, but it's not just a clean rejection. It's a rejection, but they're also proposing their own alternatives. So they're saying we don't want to do a full merger. With barrick. What we do wanna do. Excuse me as continue to go forward with our own proposed merger, which is a. A takeover of a Canadian company called Goldcorp? But in addition to that, we'd like to sit down with Barrick. And we'd like to talk about a joint venture in Nevada where both companies have some assets. So it's kind of like they've rejected the one deal and they've come back sort of with a two part deal as an alternative, and everyone seems happy because if you look at the shares of all the companies they're all up a little bit. So basically people saying this is a great kind of Koumba yacht moment is that is that what you're hearing from other people who invest in these companies. Well, yes, I mean, I think that's true. And the interesting thing is that the major shareholders of Newmont and Barrick and to some extent Goldcorp, but definitely new Martin Barrett are the same shareholders. So it seems no matter what deal comes through. There's going to be some sort of synergy seemed likely now between these companies. So I think I think that that's right. But ultimately, you also have to companies that have a pretty long legacy of hostility between them, and they have very different. Views on what the best course for shareholders is going forward. So shareholders are going to have to make a decision about that at some point. And. Yeah, one one side will definitely end up winning. So then you'll I mean, I guess the ball now is in barracks court are they where do you think they do are they okay with just this limited joint venture or do? They still want the big deal. Well, I think they want we'll have to wait for Derek to say what they want. But they they certainly came out shooting for the big deal. They've also been quite critical. Both sides have been quite critical of the others in terms of their executives. So I would expect to see barracks. Mark Bristow come up pretty quickly with some kind of a response to that. He's not one to two normally pull his punches and new mantra Gary Goldberg was very critical of barracks management in the call this morning. So yeah, I would I would expect it the best the next responsible. Come from the barracks is for sure. So is there any other rate? So we're going to be waiting to hear what barrack has. To say, do you expect more consolidation though? I mean is this joint venture going to be just another word for consolidating the industry, or or do you think that we're done here with the with the mergers? No, I think for sure there'll be more consolidation. No matter what ends up happening with these three companies what what combination ended up taking place. They're going to end up being assets that are for sale as a result of that. Everyone's made that clear that that part of their deal would involve rationalizing the portfolio. So as soon as you have some of those minds hitting the market, you're going to have other companies, we know are Austrailia and companies, for example, that would like to buy Newmont's Australian assets, there'll be a scramble for those. But it does also put pressure. I think on some of the mid tiers to potentially look at tying up in order to get the kind of scale that they need to not that they can compete with a company this big, but at least have a fighting chance. Generalists investors have really fled the sector. And so there is probably limited investment appetite for a limited number of companies. And and it will. Probably the biggest ones that can attract that Daniel book. Oh, thank you so much for being with us. Daniel Boko is Bloomberg metals and mining reporter coming to us from Toronto really interesting kind of romance and hatred playing out in the gold mining sector, Paul. We really haven't talked about the President Trump's comments over the CPAC conference talking about wanting a stronger dollar excuse me, a weaker dollar. The interesting thing is today. I can't help but keep noticing the taller strengthening. You know, what I noticed as a weakened a little bit right after the comments were made. But then, you know, the the economics the fundamentals of taken back over and where what currency is the dollar gonna depreciate against that's the question. Well, guess and also there is sort of a feeling among a lot of analysts that President Trump is speaking to his base. He certainly was speaking to his base during that meeting. I so he doesn't actually have policy applications for some of his threats, but nonetheless Zeller is stronger today right now, let's head over to ninety one studios in Washington DC, Nathan Hager there with world national headlines.

Newmont Mining Bloomberg Newmont Newmont Russell US Dave Wilson Goldcorp Barrick Gold barrick editor Toronto Martin Barrett Nevada reporter Gymboree Danielle President Trump Arizona Daniel Boko
"newmont" Discussed on KQED Radio

KQED Radio

01:38 min | 2 years ago

"newmont" Discussed on KQED Radio

"All I'm Jack Stewart for marketplace. Coming up because it's better for their economy. Their personnel economy. It's are in dollars, and they spent vessels working here. Living in Mexico. Just business as usual on the border. But I sure do the numbers. Down Bustros up sixty points today two tenths percent twenty six twenty six thousand and nine hundred blue chips. The NASDAQ advanced twenty six points three tenths percent, seventy five and fifty four the S and P five hundred three that's about a tenth percent seven and ninety six g marched up six point three percents today as we told you going to sell its biotech business to life sciences conglomerate Danaher for twenty one billion dollars Danny here up eight and a half percent tech stocks generally higher with some optimism about the current trade talks between the US and China. Maybe there's maybe there's not let's see what happens apple shot up seven tenths percent, Microsoft, strengthen about a half percent IBM about a ten percents day. The Barrick Gold corporation dim three percent the companies bidding to take over the rival Newmont Mining corporation. If the offered does happen to be accepted, the world's biggest bowl competent Newmont though of one percents. You're listening to marketplace. Marketplace is supported by Charles Schwab, when it comes to wealth management Schwab believes in asking questions and being engaged..

Newmont Mining corporation Charles Schwab Barrick Gold corporation Jack Stewart Danaher Mexico apple IBM Microsoft Danny US China twenty one billion dollars three percent ninety six g
"newmont" Discussed on WBBM Newsradio

WBBM Newsradio

02:05 min | 2 years ago

"newmont" Discussed on WBBM Newsradio

"Of a resolution to a trade war between the world's two. Biggest economies. The trait. News was largely priced into currency markets with the dollar falling against a basket of currencies amid a risk on mood in commodities. Oil prices turned a little bit lower. Crude futures down ninety cents a barrel to fifty six thirty five and gold prices just out about twenty cents an hour to thirteen thirty to sixty the stock index futures higher with Trump one hundred and fifty six NASDAQ up forty nine s it'd be better by thirteen and a quarter General Electric said it would sell its Biopharm up business to down her for twenty one point four billion dollars as the US industrial conglomerate sheds, non-core businesses, and this will allow it to focus on industrial units, Canada barrack. Canada's Barrick Gold offered to buy US rival Newmont Mining for nearly eighteen billion dollars in stock in a deal that would combine the world's two largest gold producers Rochas buying US based. Gene therapy, specialist spark therapeutics, and we'll pay four point three billion dollars for it. After developments in this area convinced this where Swiss drugmaker, according to its CEO to step up at Warren Buffett said that his company Berkshire Hathaway overpaid in the merger that created craft Hines here business news at twenty five and fifty five and also in the doing business our live through the CME, Len Walter NewsRadio seven eighty and one zero five point nine FM. Farm Robert here. Robert, somebody burned down, my she shed, no one bird. Now, your she sheds, Cheryl all really victim. Because my she sheds burning up in the backyard. Does she share was struck by lightning, Cheryl, Robert state farm cover? My she shed shed. She turned our shared mature hideaway, Robert. Oh, yeah. That's covered here that Victor. I'm getting a new she she or she head. Can we stop says she shared now with a win? That's here to help life go, right? State farm. Talk to an agent today. It all starts with just one thing. If you're using CFL bulbs, be sure to employ the fifteen minute rule. Always turn the lights off.

Hines Robert Cheryl US Barrick Gold Robert state farm Newmont Mining Berkshire Hathaway Warren Buffett Canada Canada barrack Trump General Electric CEO Len Walter eighteen billion dollars three billion dollars four billion dollars
"newmont" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 2 years ago

"newmont" Discussed on Bloomberg Radio New York

"I'm Evan Haning. And I'm Doug krizner at Bloomberg world headquarters in New York. Let's check this hour's top business stories and the markets. President Trump said he'll extend the deadline to raise tariffs on Chinese goods beyond this week. The president cited substantial progress in the latest round of trade talks. He said if the sides make further headway negotiations he and president plan to meet at his mar-a-lago resort in Florida to conclude a final agreement. Meantime in China, a commentary in chinois says negotiations will be more difficult at the final stages as the two nations still have disagreements which need more time to be resolved the Canadian mining giant Barrick Gold has taken a small stake in its US rival Newmont Mining. We are told Barrick has now warned Newmont of plans to propose changes to Newmont bylaws. As Barrick continues to weigh a potential hostile takeover. Meantime, the CEO of Newmont Gary Goldberg says the potential takeover attempt is desk. Britt and bizarre. He said the move is complicating Newmont's pending deal to acquire Goldcorp and White House. Economic adviser. Larry cudlow says he's working to remove US tariffs on steel and aluminum imports from Canada and Mexico word of the delay to the planned increase of US tariffs on Chinese imports has sparked a risk Conde in the Asia Pac region right now in Shanghai composite index is higher by three percent. In Hong Kong. Hang sang is better by two tenths of one percent. The Nikkei two twenty-five is ahead. Seven tenths of one percent. Meantime, in Seoul, the kospi is weaker by one tenth of one percent. And in Sydney ASX two hundred is down one tenth of one percent. The US ten year treasury in the Tokyo session now with a yield of two point six five percent. Global news twenty four hours a day on air and tick tock on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. This is. Bloomberg. This is.

Newmont Mining US Barrick President Trump Barrick Gold Gary Goldberg Bloomberg world president Evan Haning Doug krizner Bloomberg Economic adviser Twitter New York Hong Kong Britt Seoul Nikkei China Larry cudlow
"newmont" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:15 min | 2 years ago

"newmont" Discussed on Bloomberg Radio New York

"Hong Kong and here in Singapore. Juliet sally. And I'm Doug krizner at Bloomberg interactive brokers studio in New York, we've got trading underway now in Tokyo, Sydney, and Seoul and a bit of risk on. We'll tell you what's happening in in the fundamental side of the story in moment right now, we are looking at a US ten year treasury backing up about a basis pointing yield in the Tokyo session at two point six six percent right now, let's get you caught up on this hour's top business stories. President Trump says the US will delay a planned March first increase in tariffs on China. He's also tweeted that trade talks have been productive. And he says he's planning a summit with China's president at mar-a-lago as you make additional progress is made possible big takeover fight in the mining business. We are told the Canadian mining giant Barrick Gold has taken a small stake in its US rival Newmont Mining now bearing a Barrick rather is also said to have warned new mantra plan some. Proposed changes to new bylaws as it continues to weigh a possible takeover bid. We'll technologies is said to be in talks to sell its Uber eats business in India tool rival Bloomberg's Susanna Palmer reports it was just two years ago that Uber started up its food business in India with much fanfare and huge marketing budget it operates in more than thirty seven Indian cities. Now, Bloomberg has learned its talking to rival bundle technologies which owns the swaggie brand about a sale. This follows Uber's retreat from its ride hailing business in China Russia and southeast Asia as it gets ready for an initial public offering later this year. Susanna Palmer, Bloomberg daybreak Asia. Well, there is a lot on the calendar for markets to be concerned about we get the details from Bloomberg's Charlie Pellett. US stocks begin the new trading week out there high of the year as investors focused on trade and Brexit. Andrew sheets is chief cross asset strategist at Morgan Stanley. There's a pretty. Clear difference. I think between the US story in the US asset story and what we see in overseas market. So we still have upside to our target in in China. We still have upside to our target in Japan. Plenty of earnings this coming week, including shake shack. Home depot. Best buy Dell and Anheuser-Busch inbev in New York. Charlie Pellett, Bloomberg daybreak Asia. All right. We're at thirty three past the hour. I'm sorry. Juliet go ahead. I'm sorry. Stepped up. Okay. Let's get over to Brian six days of gains. So far in Asia, Brian. Yeah, I'm going to say that this morning. There are three big issues favoring risky assets in the region. Some of which we've trumpeted already a lot President Trump's move to delay tariffs. But also the story that were running which is backed up by a lot of comment that China's de leveraging is dead. It's true. We did talk about this a little bit last week. But I think it's it's really starting to feel its way into the markets, and then this one, and this is something we touched on in the media review front page editorial in the China. Securities Journal that the stock market in China is to be a big part of China's core competitiveness. So thinking on this is that the impact of China's financial services industry on the world doesn't align with its economy. In other words, the economy's impact is is quite big, but the financial services industry and China's not really so the idea is to expand that and this this particular commentary says the. Capital market can boost China's economic transformation. So I have a feeling wants to China markets. Get open today that we will see some bigger gains, and what are implied by what we've seen so far. Wait and see what happens with that? The ASX two hundred is up third of one percents. Nikkei is up six tenths of one percent. The kospi is up about a quarter of one percent. The big mover. This morning is the offshore Chinese currency. The CNN h has strengthened by one third of one percent six sixty eight seventy four and the onshore is not trading now, but he laughs traded in six seventy one. So we'll probably see some movement their oil at fifty seven forty one four WTI Brent sixty seven thirty three and the yield on the ten year treasury two point six six percent. All right. That's a check of the markets. Thirty four minutes past the hour. Juliette back to you. Well, you k Prime Minister Theresa may has put off this lakes voice.

China Bloomberg US President Trump Asia Bloomberg interactive brokers Juliet sally Uber Susanna Palmer New York China Russia Charlie Pellett president Doug krizner Barrick Gold southeast Asia Newmont Mining Singapore Hong Kong Tokyo
"newmont" Discussed on WBBM Newsradio

WBBM Newsradio

01:47 min | 2 years ago

"newmont" Discussed on WBBM Newsradio

"Walter WADA green on the stock market screen here. At the business says the Dow is up one hundred twenty nine NASDAQ up thirty three the s&p better by ten points here today. And apparently a lot of industrials Nablus believe that there is some progress in the talks between China and the US craft Heinz shares falling some twenty seven and a half percent today hitting a record low this morning on a slew of bad news, mainly centering on a multibillion dollar writedown, which has investors wondering if years of rigorous cost cutting came at the expense of losing the value of its marquee craft and Oscar Mayer Brown's Canada's Barrick Gold is considering a hostile bid for Newmont Mining for about nineteen billion dollars in stock. And that's pushing Newmont up four point one percent. Bloomberg news is reporting. The European Union is drafting a list of retaliatory. Tori, tariffs that would target Caterpillar, Xerox and Samsonite international if President Trump imposes duties on European automobiles a German government document today show that France and Germany ever agreed to a detailed proposal for a euro-zone budget to boost growth, strengthen competitiveness and lower the development gap between individual Member States. Well, tesla common stock is up one point two percent to two ninety four and change company has begun delivering model three automobiles in China. A little bit ahead of schedule as the company looks to revive its sales at have been hit hard by the Sino US trade tensions down distri Laverick up one hundred and twenty-five NASDAQ up thirty three. ES? It'd be better by ten here. Business news at twenty five and fifty five live through the see me lend. Walter NewsRadio seven hundred at one zero five point nine FM. This.

Newmont Mining US Walter WADA China Walter NewsRadio European Union Barrick Gold Oscar Mayer Brown Bloomberg tesla President Trump distri Laverick Tori Xerox Canada France Samsonite
Newmont Mining, Barrick Gold And Brown discussed on WBBM Morning News

WBBM Morning News

00:10 sec | 2 years ago

Newmont Mining, Barrick Gold And Brown discussed on WBBM Morning News

"Brown's Canada's Barrick Gold is considering a hostile bid for Newmont Mining for about nineteen billion dollars in stock. And that's pushing Newmont up four point

Newmont Mining Barrick Gold Brown Canada Nineteen Billion Dollars
"newmont" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:51 min | 2 years ago

"newmont" Discussed on Bloomberg Radio New York

"Sweeney on Bloomberg radio. Good morning. Everyone Paul Sweeney and Tom Keene of Bloomberg interactive brokers studios, a gorgeous day in New York fifty ninth street and Lexington after the snow earlier in the week it melted away edge of spring. I would say here in late February, and we welcome all of us who stagger to March. Good morning. Boston one. Oh, six hundred FM ninety nine one FM in Washington. The most faceting sensitive day in Washington, I really recommend ninety nine one in Washington. Kevin cirilli five PM tonight in the heart of what may be a molar afternoon. That'll be an important sound on tonight for our Washington. Listeners. Good morning. Siriusxm channel one nineteen across this nation. Fishes up seven Davidge is up eighty three and David Wilson. I say this with all through it with Paul Sweeney. Have you ever seen a bad will write down of something is I- conic is craft? I've never witnessed the scale of it of something iconic nor have I mean, you're talking fifteen point four billion dollars, and it's not just craft. It's Oscar Mayer, it's mother assets. But when you put it all together, it's certainly a lot of feta cheese. Oh, among other things macaroni and cheese. You name it. And so the company ends up with the fourth quarter loss. You would do the adjusted earnings and came up short of analysts estimates same thing with sales they cut their dividend by thirty six percent. Oh, and by the way, US regulators are investigating crass procurement accounting and controls and issued a subpoena in October. When you put that all together you have craft down almost twenty five percent in early trading but critically. It's worsened in the last hour. It has and we're seeing it across food stocks at this point general mills down four and a half percent Campbell Soup down. Four percent can Agra brands and Kellogg both down three percent. Mondelez international, which as you may recall used to be together with crab down. Two percent. Bloomberg surveillance. We don't do the fancy David Wilson. Definitions. We go manga lease maker of Oreos. Whatever does it for your time. That's the Orioles is what does the fancy part that. You gotta remember. I mean, these two companies work together they split several years ago and then Kraft put together with Heinz by three G capital backed by Warren Buffett's, Berkshire Hathaway, and we should note. Berkshire shares are lower as well it early trading. All this coming the day before buffet puts out his annual letter to Berkshire shareholders stocks only down about one percent nonetheless, it is taking a hit caterpillars lower in early trading. Just half a percent that said a senior European Union official said the construction equipment maker is among companies that will face tariffs, it President Trump imposes duties on European automakers and another one of those companies the copier maker, Xerox. It's down four percent. Also mentioned the luggage Samson. I haven't seen any training and that stock Michael from Bermuda. Just emails it, and he says USA Bloomberg terminal to highlight with David's talking about we. This is important folks, the common size goodwill, Paul Sweeney and David Wilson of general mills is like craft not like a more responsible, Pepsi. Does that suggest David in your reporting that they're gonna be more crafts to come in food? Well, who the heck knows at this point? I will tell you though, the declines across the group suggests that at least it's something that's on investors minds tumor. All right. How about Newmont Mining up almost two percent? Candice Barrick Gold has studied whether to make a takeover offer for the US. Metal producer barrack said it's looked at an all share deal without any premium the two countries close to a merger in two thousand fourteen before talks collapsed. Barrick, by the way, down about three quarters of a percent in US trading. And I'll just mention really fat Zillow group why not up five you mentioned the Spencer Rascon. What's he doing? He's stepping down the CEO and co founder rich Barton is coming back to take his place. It's all about this shift into buying homes, and providing mortgages, just not running real estate websites. Debbie wilson. Thank you so much again green on a scream at some real movements. Again, I'm watching German tenure as well. Margaret Brennan with us now, of course, CDS face the nation. See it on CBS and all their network coast to coast on Sunday morning could here two to I'll tell you about that on Bloomberg radio. Margaret, you have to do a victory lap of the Sunday shows on Sunday last you got the most play with a brutally incisive interview with Senator Graham the Carolinas review that one week forward if you were to do that interview this Sunday. How would you change the heat of that interview with Senator Graham, well, you know, he really came to play with a lot of news like security conference. I'd probably hone in a bit more the sender. Got his way he won. He persuaded the president to lead two hundred US troops in Syria. On the bet that that could entice Europeans to commit troops to stay alongside them. So you got the president to change his mind on a full withdrawal. I want to know more about what's next. There isn't fully delivered on is defense. I think he's tried to dissuade folks from from that idea in the past. I don't know the Senator Senator it tremendously able to shape foreign policy in the say from the outside. It just shows you what a strange virement were in when we have an acting secretary of defense who because of that acting position is weakened in many ways, and you have a Senator shaping policy. I should say, by the way, the Pentagon hasn't reversed the president ordered them to withdraw. So they're mending the order, they're not reversing highly. And the acting secretary of defense doesn't seem to be shaping the policies much as a Senator from South Carolina has that that's significant. So Margaret, the the report appears to be winding down or the investigation appears to be winding down, perhaps a report is due out sooner rather than later. What do you think is the latest there? That's right. Our White House, of course on it. Major Garrett was reporting that it could come even students today. But certainly within the next few weeks mid-march the target date. We've been hearing the question then becomes so what then happens attorney general bar now in that enforcement job gets to decide what art comes public. What might not want makers get briefed on? And we're going to start a whole other line of argument around that does the public have the right to know, Ken, congress you the report, and if they try to subpoena with the department of Justice enforcing order against themselves to turn over and they don't wanna turn over. It's gonna take us into a really interesting debate within our democracy or Margareta, no Poland's to get in the show this Sunday. But I've got to ask you this question with your legitimate Middle East credibility, David Kirkpatrick of the New York Times tossed out of Cairo by Mr. el-sisi, your thoughts on that. L C who remains an important US ally and recipient of US aid. I think number two only to Israel in terms of receiving US aid money cracking down on human rights workers and journalists in really unprecedented way within that country, and the US is turning a somewhat of a critical eye way, certainly not publicly flogging him for doing that. And that is a real, you know, issues to continue to watch as Egypt and Assisi tries to hold onto power there. So Margaret give us an insight into what we can expect from face the nation this weekend. We will be talking about another huge question that we should be debating, which is whether lawmakers have ceded too much power to the executive constitutionally, what is this country doing to itself or allowing to happen without real debate right now, and I'm talking about the national emergency and the president's decision to bypass congress on this policy issue. We're going to have the very first interview with Republican Representative Adam configure from Illinois. He just got back from deployment to the US border. He's a reservist and he went down to serve on the board. Or he's gonna talk about what he saw about that Republican Senator ROY blunt Intel to talk just a little bit about this ongoing. Russia probe Medina. Thank you so much..

US Margaret Brennan Paul Sweeney Bloomberg David Wilson president Washington Senator David Senator Graham Bloomberg interactive brokers Senator ROY Kevin cirilli USA Bloomberg Siriusxm Boston New York Kellogg Newmont Mining Berkshire Hathaway
Candice Barrick Gold, Barrick And Newmont Mining discussed on Bloomberg Surveillance

Bloomberg Surveillance

00:19 sec | 2 years ago

Candice Barrick Gold, Barrick And Newmont Mining discussed on Bloomberg Surveillance

"All right. How about Newmont Mining up almost two percent? Candice Barrick Gold has studied whether to make a takeover offer for the US. Metal producer barrack said it's looked at an all share deal without any premium the two countries close to a merger in two thousand fourteen before talks collapsed. Barrick, by the way, down about three quarters of a

Candice Barrick Gold Barrick Newmont Mining Barrack Producer United States Three Quarters Two Percent
Newmont to buy Goldcorp for $10 billion to create world's largest gold producer

Kentuckiana's Morning News

00:22 sec | 2 years ago

Newmont to buy Goldcorp for $10 billion to create world's largest gold producer

"That data Newmont Mining will buy rival Goldcorp in a deal valued at ten billion dollars, creating the world's largest gold miner. The transaction comes just three months after another blockbuster gold deal. The transaction comes just three months after another blockbuster gold deal. When Barrick Gold agreed to acquire Randgold resources in a five point four billion dollar

Barrick Gold Gold Miner Newmont Mining Randgold Resources Goldcorp Three Months Four Billion Dollar Ten Billion Dollars
"newmont" Discussed on The Fifth Column

The Fifth Column

04:00 min | 2 years ago

"newmont" Discussed on The Fifth Column

"Interview in which he was wispy and quiet, and he said, that's not how you do it right. Around the phone into give him hell. I mean, that's is that yeah, I didn't know that. And in absolute mirror of Clarence Thomas after Nita Hill's testimony. When you know this is a high tech lynching Lynch, and he used when he said, this is a circus circus. And they both said that. And I noticed that immediately and I said he's doing the Clarence Thomas thing. He's coming out and it might be a kamikaze thing, but the only way I'm going to save this is to show how outraged I am at this. I'm not saying he was. He was not being truthful about that, but I definitely saw that if he was going to be at a seven, he was going to turn turn it up to a ten and eleven. I think that there's polling that came out just today saying for the first time. Voter enthusiasm gap, which has been pretty pronounced between Democrats and Republicans has narrowed to the point of almost nothingness on this just speaking to Berry's points of like getting fired fired up. So what I think is going to meet depending on how this plays out because there's there's a way in which the day Newmont depresses Republicans. And then there's a way that makes sense to me that it's going to that even if he washes out, they get more fired up than before one qualifier on that though, is that the lot of there's a lot of evidence that people are much more reluctant to self identify as members of a party. In which case the people who are left identifying as members of a party, their beliefs levels are about the same. It seems as though there's an intensification of people's conviction and in the fight along partisan lines, and in fact, the polling on specifically, the Cavanaugh question is fascinating. It's going to paraphrase badly here, but it's. Like seventy two, ten, ten, two seventy with a partisans and an independent like thirty three thirty three like they're trying to figure it out on independence. You know, depending on how you measure it with Gallup, when people self identify it's it's the highest number by far like forty, four percent, forty, five percent of this point and Democrats and Republicans are under thirty though. Interestingly, there is similarly, a lot of evidence that many people who self identify as our parson. The are very partisan. They just don't particularly eight, which I asked that things might be about par. Here's what a way of thinking about this that is depressing and kind of gets to your question Michael, which is a public choice analysis, right? So to the extent that I understand public toys and I don't because it's like. Libertarians been talk mayor chicks explains things. He doesn't quite understand. Look dude. To me, build, build, hold careers out of this explaining creek. Libertarian magazine, I think so. Blacked out. Libertarian. So no, it's the idea that politicians and even bureaucrats respond to incentives. And actually, if you look at their decision making and it's like totally the personal work life incentives. My want my bureau to have more money next year. So I'm not going to say that the problem was solved and we don't need money next year. I'm going to say that we need a five percent increase in this, but also politicians respond to material incentives. And if you want to try to figure out their behaviour, it's going to be probably more based on incentives than anything else. Right. So the George Mason University, I think, was a a kind of James who can in the Nobel prize winning economist is part of the so that analysis. It might explain what if you just assumed that that was the overall driver of everyone's behavior in this, where would you? What would you conclude you would conclude that all Democrats are going to oppose this nomination..

Lynch Clarence Thomas Berry Michael George Mason University Nobel prize Libertarian magazine Nita Hill Cavanaugh Gallup James five percent four percent
"newmont" Discussed on AM 1350 WEZS

AM 1350 WEZS

01:43 min | 2 years ago

"newmont" Discussed on AM 1350 WEZS

"Michael Abernathy is representing adult, film star stormy Daniels now he's hinting at a presidential run in two thousand twenty appearing on ABC's this week, he says his Kita success will. Be telling people the truth what's happened. Unfortunately especially over the last two years three years with this. President Donald Trump is we've lost track of holding him accountable as it relates, to the truth and facts and evidence and let me tell you this I'm gonna put Donald Trump on trial we're going to have. A trial one way or the other the only. Question is how many jurors. Are we gonna have in that trial President Trump is being sued by stormy Daniels, in an effort. To invalidate a nondisclosure agreement alleging an extramarital affair in two thousand six the president denies the affair former White House aide. I'm Arosa manacled Newmont calls President Trump are con men while talking about her new memoir unhinged in her book she details way she says the White House to see the nation on NBC's Meet the press she referred to now being one year after Charlottesville and not much. Changing he has an opportunity actually. To bring the country together but you'll. See that he doesn't have the ability to do that because. He puts himself over country every day at a rally Saturday the president called, her a low life the White House labels accounts in manigault Newman's book as lies and false accusations Grenell Scott Fox News manigault Newman. Drawing fire for meeting she secretly recorded her firing. By chief of staff John. Kelly in the high security situation room along with other conversations CAPCO does it again, American golfer Brooks. Kappa with a big win at Belle Reeve country club captain Tattoos A. Championship the.

President Donald Trump stormy Daniels president White House Michael Abernathy manigault Newman Belle Reeve ABC CAPCO chief of staff NBC Newmont Kelly Charlottesville Scott Fox three years two years
"newmont" Discussed on WLAC

WLAC

01:32 min | 2 years ago

"newmont" Discussed on WLAC

"From the accurate. Weather sensor your talk radio fifteen ten WNYC forecasts storm chances holding off throughout the weekend forecast little modest summertime cold front has pushed. On southeast of us we're the, mid sixties overnight tonight partly cloudy Eighty-eight later Saturday and mid to upper sixties Saturday night so what can good Sunday one day sunshine upper easier ninety. And an upper level low comes in, for early August, by, Tuesday, Wednesday next. Week and some heavier downpours. Possible to kick off the Newmont powered by, the accurate mortgage group I'm Scott Lawrimore News on the hour. On the half And on demand Dot com Radio, until NATO the fire burning in and. Around Redding California's left two people dead and destroyed about five. Hundred buildings so far as wing. Keeps fanning the flames fire chief Ken Pimlott says the dramatically hot weather and wind combined with the fires on weather was fire was whipped up into a whirlwind of activity uprooting trees, moving vehicles, Jessica Rosenthal Fox News to police officers, in Falmouth Massachusetts shot while investigating. A disturbance one hit in. The chest the other had a bullet, grazes head but they're expected to recover. The suspect also wounded actor in, Canadian native Seth Rogan taking on a new gig as an announcer for Vancouver's public. Transit system he's giving directions. And suggestion I know your bag is probably very nice and you. Cared deeply but that doesn't mean it needs associate. Fox News we report he.

Fox News Seth Rogan Newmont Scott Lawrimore NATO Redding California Falmouth Massachusetts Ken Pimlott Vancouver one day
"newmont" Discussed on BizTalk Radio

BizTalk Radio

02:51 min | 3 years ago

"newmont" Discussed on BizTalk Radio

"What what's going to investor's edge thanks for being with us today hope you're having a good day let's do some other things here ciccio alaskan gold gold early in the day if you look at g l d the old high was in january one twenty nine fifty one hit one twenty nine forty seven and then caved in closed at one twenty eight eleven i'm non plus about that so i'm just letting you know it is still not a lot of now some gold stocks were starting to move today go look at newmont em which is the big institutional name that looks like it wants to come out of this whole range here if gold gets on the move and you look at the weekly on newmont very constructive very constructive keep in mind the monthly little bit different to the high of seventy two in two thousand eleven that's how rough the gold stocks have been and then i got another name here kirkland lake gold canadian minor simple k l that's a clean high volume breakout today now smaller name kind the lower price but i'm just reporting to you in the group you got one name here that moves to new high ground so i figure i reported to you i am not telling you it's gonna work or not work i don't know it was working today and i'll give you one more name in the gold group that has a long saucerlike trading range that's trying to come out of it royal gold rg l d go take a look i have not bought any of these i wish i both k l this morning anyway so we're just letting you know that some gold names got on the screen today my goodness but as i go through the rest of them and i'm going through them right now goldcorp g g may wanna keep an eye on that i'll give that one i'll give keep an eye on that but as i go through the rest and i'm just thumbing through him as i speak to you right now that's really all i got okay that's really all i got so i'm not sure this baby has legs and leave no doubt.

newmont em newmont kirkland lake royal gold
"newmont" Discussed on KBNP AM 1410

KBNP AM 1410

01:48 min | 3 years ago

"newmont" Discussed on KBNP AM 1410

"What's it going to investor's edge thanks for being with us today hope you are having a good day let's do some other things here ciccio alaskan gold gold early in the day if you look at g l d the old high was in january one twenty nine fifty one one twenty nine forty seven and then caved in closed at one twenty eight eleven i'm nonplussed about that so i'm just letting you know still not a lot of some gold stocks were starting to move today go look at newmont em which is the big institutional that looks like it wants to come out of this whole range here if gold gets on the move and you look at the weekly on newmont very constructive very constructive keep in mind the monthly little bit different to the high of seventy two two thousand eleven that's how rough the gold stocks have been and then i got another name here kirkland lake gold canadian minor simple k l that's a clean high volume breakout today now smaller day kind of lower price but i'm just reporting to you in the group you got one name here that moves to new high ground so i figure i reported to you i am not telling you it's gonna work or not work i don't know it was working today.

newmont em newmont kirkland lake
"newmont" Discussed on Liberty Talk FM

Liberty Talk FM

02:15 min | 3 years ago

"newmont" Discussed on Liberty Talk FM

"To this because so far they been you know they've been pretty good at going up against the federal government not backing down at least in this particular instance maybe this will give them some gumption to do the same in other areas where the federal government is demanding that they do or not do certain things maybe they're response to being sued will be all right well maybe you can sue us on these other things dan because we're going to start doing those two like refusing federal payments or something like that right and there're ruling end i happen to have remember this renewed mention b owed wonder if there's going to be other lawsuits against two other sanctuary jurisdictions there is a ruling back in september federal court ruled in favor of the city of chicago because sessions and company wanted to withhold federal grant from socalled sanctuary cities city of chicago sued saying hey we meet the criteria that they're laying out for sanctuary and they can't just take the grads away from us after they've already given all went to federal court in the judge said chicago your rate they can't take the grants they cannot all right well that's good we'll see what happened now this case they can wind up putting conditions on new grads can't add newmont's acquisitions on existing gretz make sense and so i love it if they were smart they could wind up just phasing out all of the existing grants and then putting new conditions on new grads and maybe they are smart enough do that maybe not but it will be interesting to see here they're smart enough oh oh oh here's ha headlines here i just checked searched for california secession since we were saying hey yells his is this conflict between the feds and california going to escalate it could this result in more people in california saying i will woods gordon leave attorney general jeff sessions according to the hill dot com issued a warning to california the same day he announced the lawsuit that we just discussed by the department of justice quote i understand that we have a wide variety of political opinions out there on immigration but the law is in the books and it's purposes are clear and just.

federal government chicago newmont california attorney department of justice
"newmont" Discussed on The Futur

The Futur

01:43 min | 3 years ago

"newmont" Discussed on The Futur

"A said newmont to advertise logan's brations that's that's what i had in mind right but then after a food marketing came along it totally change everything some interesting concept gone on air because you're so focused on logos that uh i don't agassi the guy's name but the guy from logo core reached out to you and said hey we have some synergy i i teach a class on logo design you're the foremost driver of traffic four logo work and so it seems like a natural thing it was almost seamless because i remember before talking to you i look this up i thought it was your class and i thought this is an interesting way to to top of the phone awareness drive it injured product but this is an affiliate thing right okay yet totally logo but i'm i'm hoping do do my own thing and the future i'm thinking of do an online coast so maybe hoping into how to grow your instagram mmhmm i'm not i'm not sure what it is at the moment but near i'm looking on it okay so eventually you have your own course and you can sell your own konta by right now is obviously like your a fan of beautiful logos and you built up a huge following and now you've parlay that into referral traffic an affiliate marketing yes now initially said that the first batch came in and you got two hundred fifty bucks that's really awesome but that's really not a business yet because that still kind of to me a hobby price so where you now at in terms of the affiliate marketing thing how much revenue can are you expecting to to bring in every single month on will at the moment.

logan newmont agassi
"newmont" Discussed on ESPN Chicago 1000 - WMVP

ESPN Chicago 1000 - WMVP

01:32 min | 3 years ago

"newmont" Discussed on ESPN Chicago 1000 - WMVP

"App he was qian mckee with us i have newmont extra member people's names roy innis roy ryan rousseau and ugo yana go ryan shakehand right you just have to play an excuse to say persons named three or four times and then you can cemented on anybody that i ever got slightly drunk with and then got into some kind of like a venture with never forget that persons name lyon were sillo check him out weekdays at 100 eastern on espn radio with they dsp an app the some of the ways that different people get into the basketball hall of fame laters college career i think he's a borderline hall of fame players and remember again it's not the plo basketball paul affair corrects the basketball fame so everything international ball nba college high it all taken into account for the hall of famer cushion later had one of the one of the great college career so i'm kind of with yet mike in mike on espn radio and espn to reluctantly donald joanie is being radio the bust of jerry jones pants and should be allowed in but only if there is a bus next to it of jimmy johnson a folding him by the throat at i feel like any award we get these simple it should be with my hands around your throat partial now they do one third on his and radio that poem.

qian mckee lyon jimmy johnson newmont roy innis ryan rousseau ugo yana espn basketball plo nba mike espn donald joanie jerry jones
"newmont" Discussed on Masters in Business

Masters in Business

01:59 min | 3 years ago

"newmont" Discussed on Masters in Business

"I'm not the booth anyway i was on bended knees watami colleagues to sell their city groups docket fifty five dollars which the price it was the day i retired i'm just backing up a little bit to the the chip this stock to me was forming an incredible reversal that i see it going to of course not which it did of course not but i solo my olding's which rather lodge thanks to sandy and his profitsharing plans and i wasn't there going down to two i was out but i saw some of my colleagues with even more time at the firm and be wiped out it was a it was a horrible feeling the sea because they they just you know the dividend that increase was the eagled you know the dividends as good as the next directors meeting come on uh anyway that was that was so our foeldessy we wish your questions so so as as a retiree watching a legacy of trend unfold will you looking at it aside from the obvious my former colleagues hopefully they follow my vice and sold but will you looking at it as there is a huge trade to be made here or how did you i on those touch my best my last best calls on goal in the early eighties and my my favorite stock was newmont mining and a used to push the heck out of it particularly to our private client and i got the investment policy committee to actually allocate part of the portfolio strategist to to the metal solve and and the stocks themselves and that was a tremendous a move gold had an newmont had and some of the others and and i walked away from all that the 1983 1984 just before i i retired.

newmont mining newmont sandy fifty five dollars