Venezuela, Gold and the USD(oh my!)

u/Toothlesskinch · Reddit — r/wallstreetbets · January 07, 2026 at 04:11 · ⬆ 59 pts · 💬 44 comments  | View on Reddit ↗
AI Summary

Original Reddit post

The author argues Newmont Mining will benefit from US access to Venezuela's untapped gold and political connections.

NEM — LONG The author argues Newmont Mining is positioned to extract Venezuela's massive untapped gold because it is the largest gold miner with a real South American presence. He highlights that Newmont's former head of strategy David Copley is now in Trump's inner circle, suggesting political access. He recommends shares or LEAPS as a long play.

How about Newmont Mining (NEM). They're the largest gold miner in the world with a real presence in South America. Incidentally, their former head of strategy, David Copley, was appointed by Trump to lead his "National Energy Dominance Council" and just promoted into the Trumps inner circle as a member of the National Security Counsel. Read that again.

Score 59
Comments 44
Full Post Text
Ideas
u/Toothlesskinch Reddit r/wallstreetbets
Newmont to benefit from Venezuelan gold and Trump connections.
The author argues Newmont Mining is positioned to extract Venezuela's massive untapped gold because it is the largest gold miner with a real South American presence. He highlights that Newmont's former head of strategy David Copley is now in Trump's inner circle, suggesting political access. He recommends shares or LEAPS as a long play.
More from Reddit — r/wallstreetbets

This Reddit post, published January 07, 2026, features u/Toothlesskinch discussing NEM. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Toothlesskinch  · Tickers: NEM