Newmont CEO Expects up to $1500 Gold This Year
”The worry point for us would be if the economy really slows down and we don’t see growth, particularly in China and India. If that’s forecast wrong, then gold goes down. Otherwise we’re in a great spot. I think there’s a lot of shine in this metal.”



Check out our entire and exclusive interview with Newmont CEO Richard O’Brien. Watch the video now!













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Trader disclosure: On Feb. 3, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova owns (VRTS), (C), (UPL), (GM), (PEP), (MS), (LTD), (CVI), (CVE), (SU), (CPX), (CNQ) and (POT). Guy Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE) and (BTU). Steve Cortes owns (SVU), (MO), (PM), (K), (SWY) and (EXC). Steve Cortes are long U.S. Treasuries. Steve Cortes is short (LVS). Steve Cortes is short Gold. Steve Cortes is short Crude. Karen Finerman owns (BAC), (AAPL), (BP), (C), (WMT), (MSFT), (JPM), (GOOG) and (HPQ).

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KAREN FINERMAN

Finerman's firm is short (MDY)

Finerman's firm is short (SPY)

Finerman's firm is short (IWM)

Finerman's firm is short (IJR)

Finerman's firm is long S&P puts

Finerman's firm is long Russell 2000 puts

Finerman's firm owns (AAPL)

Finerman's firm owns (BAC) leaps

Finerman's firm owns (BP)

Finerman's firm owns (FCX) puts

Finerman's firm owns (HPQ)

Finerman's firm owns (IBM)

Finerman's firm owns (JPM) and (JPM) leaps

Finerman's firm owns (MSFT)

Finerman's firm owns (PLCE) and (PLCE) calls

JOE TERRANOVA

Terranova is Chief Market Strategist of Virtus Investment Partners, LTD

Virtus Investment Partners Owns More Than 1% Of (ABAX)

Virtus Investment Partners Owns More Than 1% Of (AMKR)

Virtus Investment Partners Owns More Than 1% Of (CCG)

Virtus Investment Partners Owns More Than 1% Of (CASS)

Virtus Investment Partners Owns More Than 1% Of (CSVI)

Virtus Investment Partners Owns More Than 1% Of (EXR)

Virtus Investment Partners Owns More Than 1% Of (FCFS)

Virtus Investment Partners Owns More Than 1% Of (IGE)

Virtus Investment Partners Owns More Than 1% Of (KRC)

Virtus Investment Partners Owns More Than 1% Of (LDR)

Virtus Investment Partners Owns More Than 1% Of (LPHI)

Virtus Investment Partners Owns More Than 1% Of (NRCI)

Virtus Investment Partners Owns More Than 1% Of (DBV)

Virtus Investment Partners Owns More Than 1% Of (XLB)

Virtus Investment Partners Owns More Than 1% Of (XLV)

Virtus Investment Partners Owns More Than 1% Of (XLP)

Virtus Investment Partners Owns More Than 1% Of (XLY)

Virtus Investment Partners Owns More Than 1% Of (XLE)

Virtus Investment Partners Owns More Than 1% Of (XLF)

Virtus Investment Partners Owns More Than 1% Of (XLI)

Virtus Investment Partners Owns More Than 1% Of (XLK)

Virtus Investment Partners Owns More Than 1% Of (XLU)

Virtus Investment Partners Owns More Than 1% Of (SUBK)

Virtus Investment Partners Owns More Than 1% Of (WDFC)

Virtus Investment Partners Owns More Than 1% Of (YDNT)

Virtus Investment Partners Owns More Than 1% Of (DPUKF)



GUY ADAMI

Adami's wife works for (MRK)

BRIAN KELLY

Accounts Managed By Kanundrum Capital Own (YGE)

Accounts Managed By Kanundrum Capital Own (TLT)

Accounts Managed By Kanundrum Capital Own (IAU)

Accounts Managed By Kanundrum Capital Own (SLV)

Accounts Managed By Kanundrum Capital Own (ATW)

Accounts Managed By Kanundrum Capital Own (BAC)

Accounts Managed By Kanundrum Capital Own (UAL)

Accounts Managed By Kanundrum Capital Own (DAL)

Accounts Managed By Kanundrum Capital Own (DBA)

Accounts Managed By Kanundrum Capital Own (JJG)

Accounts Managed By Kanundrum Capital Own (DO)

Accounts Managed By Kanundrum Capital Own (APA)

Accounts Managed By Kanundrum Capital Own (MS)

Accounts Managed By Kanundrum Capital Own (JEF)

Accounts Managed By Kanundrum Capital Own (MON)

Accounts Managed By Kanundrum Capital Are Short The Yen

Accounts Managed By Kanundrum Capital Are Short The Australian Dollar

BARRY RITHOLTZ

Ritholtz has no disclosures

ANDY BUSCH

Busch has no disclosures

ANTHONY SCARAMUCCI

Scaramucci and SkyBridge Capital own (V)

CHRISTOPHER VERRONE

Verrone has no disclosures

BRIAN STUTLAND

Stutland owns (CSCO), is short (CSCO) calls

GORDON JOHNSON

Johnson has no disclosures

FAST FIRE 12/21/2010

Guy Adami had no disclosure in (JEF) on 12/21/2010

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