Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Nov 7 4:00 PM EST

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To: yard_man who wrote (88071)	12/5/2016 11:50:41 PM
From: puborectalis	Read Replies (2) of 218586

If the U.S. economy takes off the way stock market investors hope, that won’t be good for gold. But the bearishly inclined may want to take small positions in a gold miner or two. Joe Foster, portfolio manager of the VanEck International Investors Gold Fund, likes Newmont Mining , which has cut its costs by about a third in recent years, and B2Gold , which bought other companies at bargain prices during the bear market and now is reaping the benefits. Those companies should provide safety in one scenario that Foster foresees: “I think Trump will preside over our next recession.”

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