Volatility Skew is Sending a Very Clear Message About Newmont’s (NEM) Golden Rally

Newmont (NEM) might not be the most exciting gold play out there but as the mining sector juggernaut, its robust performance has been nothing short of remarkable. January hasn’t even crossed the finish line but NEM stock is already up over 26% on a year-to-date basis. With a supply crunch stemming largely from both monetary and industrial demand, the fundamental narrative seems incredibly bullish. Long term, Newmont probably has room for growth and you certainly don’t want to short this incredible name. ...