SOURCE: The Bedford Report

The Bedford Report

September 06, 2011 08:16 ET

IAMGOLD and Newmont Mining Get Ron Paul's Stamp of Approval

The Bedford Report Provides Equity Research on IAMGOLD & Newmont Mining

NEW YORK, NY--(Marketwire - Sep 6, 2011) - For several decades, Ron Paul has warned of the collapse of the US Dollar. As reported in Barron's, the Republican Candidate "puts his money where his mouth is." Dr. Paul continues to invest heavily in gold-mining stocks as hedge against what the congressman calls "The Great Inflation." The Bedford Report examines investing opportunities in the gold industry and provides stock research on IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) and Newmont Mining Corporation (NYSE: NEM). Access to the full company reports can be found at:

Ron Paul's 2010 financial report released earlier this summer shows no holdings of physical gold or gold equivalents like certain exchange-traded gold funds, but several gold mining stocks. Paul has been predicting disastrous inflation since the United States abandoned the gold standard in 1971. Ron Paul wrote last year that massive inflation "guts the savings and earnings of the people, who have very limited options for protecting themselves against these ravages. One option is to convert their fiat currency into something out of reach of central banks and government spending, such as gold or silver."

The Bedford Report releases equity research on the gold industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

According to his financial reports, Both Newmont Mines and IAMGOLD have been fixtures in Ron Paul's portfolio for several years.

Newmont Mines' Peruvian Yanacocha production has exceeded 26 million ounces since the mine opened in 1993. Meanwhile Newmont's Conga project is currently in the exploration phase and comprises two main copper and gold deposits called Perol and Chailhuagón 2.

IAMGOLD is a leading mid-tier gold mining company producing approximately one million ounces annually from five gold mines (including current joint ventures) on three continents. IAMGOLD's growth plans are strategically focused in West Africa, select countries in South America and regions of Canada.

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