OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Buygold Yes Good Point

Posted by Mr.Copper @ 11:25 on January 9, 2020  

I was strictly referencing gold bullion the metal itself. When we buy shares we are actually buying on margin which is generally frowned upon. More volatile. Because the investment in the shares we are betting on massive amounts of gold under the ground. That’s why the shares out perform the metal % up and down.

The big fund managers aren’t in our sand box yet, but if gold keeps climbing they will crowd in later. A guy on CNBC mentioned that NEM SnP 500 raised its dividend, and will attract fund managers, and a good place to invest rather if you don’t want the bullion itself.

I know non of us ever liked NEM being such a slug.

part: NEM has recently declared plans to hike its quarterly dividend to 25 cents per share or an expected annual dividend of $1 per share 79%.

he latest hike, which will be effective upon the approval and declaration of its first-quarter dividend in April 2020, represents 79% increase from quarterly dividend of 14 cents per share declared in October 2019. The dividend hike is in line with the company’s disciplined approach to capital allocation strategy and supports its industry leading return profile.

https://finance.yahoo.com/news/newmont-nem-unveils-plan-hike-135501791.html

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.