Published October 3rd, 2009
Newmont Gold Mining analysis of the increase in gold investment
We have many new investors interested in gold mining industry as a good prospect and provide asset protection if there is inflation. According to the observing world’s major mining company Newmont Mining Corp, an increase in investment in gold mining sector as the prospect of rising inflation.
Gold is a new investment category for reenergized people in these investments, there are approximately U.S. $ 700 billion in gold investment and it represents only 0.58 percent from U.S. $ 140 trillion of global investment.
“Gold also acts as a hedge against inflation and even though we are in the midst of a recession in the world who sniff inflation already in the air,” Chief Executive Officer of Newmont Mining Corp.., Richard O’Brien said the industry briefings in Melbourne Australia. (more…)


