. >>> the challenges facing newmont mining.e kick off a very busy week from post nine in a moment. low,. >>what about cashing out? no! i'm trying to build something here. >>how about using fedex ground for shipping? >>i don't need some kid telling me how to run a business! i've been doing this for 4 long months. >>fedex ground can help us save money and deliver fast to our customers. not bad, kid. you remind me of a younger me. >>aiden! the dog is eating your retainer again. let's take a short 5-minute recess. fedex ground is faster to more locations than ups ground. at ally bank, no branches equals great rates. it's a fact. kind of like social media equals anti-social. hey guys, i want you to meet my fiancÉe, denise. hey. good to meet you dennis. anything worth pursuing hard work and a plan. at baird, we approach your wealth management strategy the same way to create a financial plan built to last from generation to generation. we'll listen. we'll talk. we'll plan. baird. >>> well, it was a very momentous year last year for ge

matt: newmont is the world's second biggest world producer. we will hear the ceo at the global metals and mining conference next. ♪ matt: executives from 500 mining companies in 28 countries will converge on floor this week for the global conference. hosted by the capital markets. the ceo joins us with of newmont. >> thanks very much. i want to start by congratulating you. it is your third anniversary with newmont tomorrow. >> that's correct. thank you. >> you have been to a few of these. that isa conference very much about dealmaking. it's a start. are you in terms of acquisitions in sales? >> we have been very focused on the last three years. are improving our portfolio by selling assets that did not fit. we invested some money in new assets along the way. an acquisition of a creek in victor. delivered $900 an ounce. it will be successful in the future. there really is no room for anything and a portfolio nowadays that doesn't work. you have a little more leeway with gold coming up. are there core assets you would consider selling right now

money and out, also bouncing back -- newmont mining and alcoa also bouncing back.il producers and oil services-related companies doing better today. the worst performer in the s&p 500 this year to date bouncing back. murphy oil and consol energy, also one of last year's worst performers, coming back today. betty: thank you so much, julie. go pro was a one point last summer trading $65 a share. since there shares have -- since then joseph plummeted and are now down over 8% over the last two days. even ceo nick willman is feeling the pain in his pocket. $287 million is reported to him in stocks and options. $51 million.wn >> that is feeling the pain. hear: what voice you beside me is cory johnson, bloomberg editor at large. what's going on here? cory: the big story is in the failure of the latest camera and the competition in the marketplace is substantial. as i was walking down the electronics show in los angeles, everyone had a high depth camera. a tracker, drone, and high depth camera. the story that went public is, yeah, we sell cameras on a stick, but just wait,

newmont and barrick gold are holding on to those gains. got to fix the bear.old is definitely higher than a gold. nice pun, well done. you've got it. the broncos were not the only winners at the super bowl. we will look at the ads that scored a touchdown and ones that were flagged for going out of bounds. next. ♪ david: it's time now for the bloomberg business splash. toizon wants tim armstrong lead talks to explore a possible bid for yahoo! according to some with knowledge of the situation. the largest u.s. from carrier has not hired anyone to conduct an offer and is in no formal talks. they are interested in purchasing some or all of yahoo! , making its go 90's streaming asface -- streaming service a potential asset. the ceo of google is on the verge of becoming one of the highest-paid executives of a publicly traded company. their parent company said the stock was worth about $199 million. investors withdrew $14.8 million last month from the janice bond fund according to bloomberg estimates, the third straight month of net redemptions. the fund is up 3/10 o

this is a stock, whether it is gold fields, gg, newmonte, all of these had either unusual activity instock or the options, they haven't stopped at all and now we're pushing toward 1200 for gold, which did seem like it was oversold, but you never know. >> john brings up an interesting point related to sentiment. think about the sentiment towards precious metals now. there is no one that holds anything in the portfolio related to precious metals. people just don't trust they don't believe it, but yet you have exports, hong kong, exports of gold surging 67% to the chinese consumer over the last month. why? concerned about what is going on with their currency. jon points out 1.76 ten-year, deflation pressures everywhere. gold works well in that environment. >> speaking of the environment, where gold is working well, major indexes now. dow jones industrial average, there it is, it is down still nearly 2% as is the s&p 500. the nasdaq is down almost 2. 5% as the damage continues through tech and other areas of the nasdaq. coming up, how our experts are navigating that sell-off. and we're pl

newmont mining. they both have direct exposure to the metal. if you want to know more, go to cnbc. check out cnbc pro. >> so we asked on twitter which asset kwlaclass is leading the . dennis said gold. he said gold has been up sharply for the first five weeks of the year. it's rising in all currency terms, which we know he watches carefully. >> watches it in euro, yen. >> and he's happy to see dom early in the morning. tweet us @cnbcwex. when we come back, decision 2016. we head to new hampshire where presidential hopefuls are barn storming the state ahead of next week's primary. and it's throwback thursday. all of our music today fitting with that throwback '90s edition theme. we're taking requests. we want to know from you, what '90s music do you want to hear on "worldwide exchange"? >> i'm no scrub. >> it's very good. although "barbie girl" is better. first as we head to break, today's weather forecast from the weather channel's jen carfagno. >> on this thursday, we've got a front on the move in the northeast. finally breaking out some of this heat we've been having lately in th

two times the daily options volume, newmont, caterpillar and freeport. 50,000 june '22 calls traded todaythey traded six times the average daily call volume. of course, for it to get over 22 means it's going to regain the highs from a year ago, up 40% from what gdx is right now. >> thanks for that, mike. >> a couple of calls. mike looks a lot like paul ampga in that shot. >> he does! wow. >> listen, you know my view on the gold. gold over the last three weeks, i think it's going to continue. i think the miners can go higher. he's been in fueggo on these -- what do they call them? action hits. i love it. >> thank you, mike. check out the full show tomorrow at 5:30 eastern time. we'll see if mike brings out the collar. >>> still ahead, super bowl sunday is quickly approaching. but the big winner this year could be social media. nfl legend brett favre joins us right after the break to talk about the phenomenon. you're watching "fast money" on cn cnbc, first in money worldwide. here at the td ameritrade trader group, they work all the time. sup jj, working hard? working 24/7 on mobile trader,

in other corporate news, shares of newmont mining. lower metals prices and delayed exports weighed on those results. marriott falling after reporting mixed quarterly results. the hotel chain seeing a revenue increase, but not as much as expected. similar story for sun power. earnings and sales topping estimates, but that guidance for the first quarter in the year coming in below forecast. >> those shares up by about 3%. coming up here on "worldwide exchange," apple pay goes live in china. a live report from beijing next. plus, google's ceo throws his support behind apple in its encryption fight with the united states government. we'll bring you his comments straight ahead. >> plus, as you can hear, it is throwback thursday. we're throwing it back with some old-school rap music this morning. tell us what music you want to hear. we'll take your requests. add to our collaborative play list on spotify. you can get the link by liking us on facebook or following us on twitter. we have a great twitter question coming your way on politics wit

. >> newmont beat to investigate the money situation and he also wants the american red cross and move in when this plant shuts down. representative kaufman is not convinced any of that is necessary now. i found dozens of upset, worried frustrated i was at the iowa statehouse this week and next our original insiders are here. iowans really have reason >>> we heard and learned a lot watching accented oversight hearing this past week about governor branstad's plan to massively change i was medicaid health coverage to a private medicare system. we learned some more impacted our mad and scared. >> my mother was diagnosed with multiple sclerosis when i was eight years old, and thankfully my father worked for the government as a postal worker so his insurance takes care of most of it. retired i'm sick and you people that are on this privatized company are trying to make money off of our backs and all you've done is put me in limbo over and over and over again. this is all terry branstad in this administration has done for me and my parents and yes i'm angry i'm very angry. several dozen peop

tooa and newmont mining are a lesser degree higher.e have been watching oil stocks today and oil has been all over the map today. many of these stocks have held up well. it was actually down the most, transocean and murphy have been coming back. we had earnings reports from a couple of large oil companies. royal dutch shell said it had a profit drop of 44% but that's a smaller drop than some of its competitors. phillips coming out with a bit of a shocker, slashing its $.25.nd to you and i have talked about this a lot -- the dividend is a four under these companies. it's a very dramatic move. the issue is they sold and spun off their refining business. a few years ago, that was a sexy thing to do. , the refining business has been saving them. that is what hurt conoco as oil prices fell. scarlet: in-line with expectations, the bank of england voted to keep rates unchanged. they stated the rate will average .8% this year, climbing to the 2% target. mark carney dismissed calls for a rate cut this year. guest: as i said again and we said in

newmont mining trading higher as gold hits a three-month high.aterials are the third worst performing sector group, still in bear market territory down by 20% or more from their recent highs. reversal today. >> it was amazing to watch the short covering from australia through europe us to. >>> let's get to rick santelli in chicago. >>> thank you. peter, welcome. before we talk i want to read a couple of things. "we may well be entering a world where established macro economic relationships no longer hold with regularity we once thought." "this is by mario draghi. you underscored it in your writing today, "the risk of side effects would not stand in our way." i ask you, is that mario draghi's neville chamberlain's moment? >> yes. this is scorched earth policy to get this arbitrary level of inflation they refer to as 2%. this is monetary corporate bombing. he'll break anything just to get to 2% inflation because he can say we met our objective, regardless of everything they burn down around it. they create massive financial instability to create th

there's newmont up 3%. 11 million shares as well. then you've got a little bit of earnings. tyson has been a monster all year. had a great earnings report today. look at this, up 10%. that stock has been doing really well. we know what's going on. the basic problem with the market right now is there is still too much supply, too much people willing to sell any rallies like the rally last friday. that's all gone and not enough demand. there's not enough buyers going out there saying, i like it here, i'm going to buy aggressively. we get one day rallies like last friday and then it all disappears, this is very characteristic of down markets. the buyers just don't get enthusiastic and we need to find the level where the buyers are going to be enthusiastic. we're not there yet. back to you. >> that's for sure. let's hear more on the carnage we're seeing in the tech space, linkedin falling over 40%, you know, good to have you both on board, chris. beginning with you, what's your reaction and your response when you see linkedin down 45%? >> absolutely. you know, it makes sense, pe

we talked to newmont mine, barrick gold, one and two, and you're the third biggest, about, what, 3.5n tons of gold every year? >> we produce around roughly this year we're forecasting 3.6 to 3.8 million ounces and you did the best to leave the best company to the last. >> i like the cockiness, fantastic. i asked everybody, to what is behind this amazing run for the price of gold this year, the single best performing asset class in the world. >> i think for four years gold has had a rough ride. and the price -- down from 2012. it has fallen down quite rapidly, down by 50 to 55%. the fundamentals which keep the price of gold up hasn't changed. jewelry demand, whether it is fear about uncertainty, and also potentially negative interest rates which is what people are talking about. and that's given the good support to the gold price and it is about time too. >> go to that last part, negative interest rates, i don't want to get into german bonds, you know he what they're doing, we're going into what they call nerp, negative interest rate policy world. if we go further into this, what will

newm newmont continues to rally and gold miners etf up 6.5%.r to you. >> we're heading to the last ten minutes of trade on this day. with the dow down 206 points. art cashin stopped by and said no buyers sell bias on the close here, they have paired off at this point. joining us with her thoughts, samantha from jp morgan funds. stepping in here as we try and make sense of the guy races of this market just today. where do you stand on the issue of the impact of european banking crisis on u.s. economy and so forth? >> well, we're thinking of it as pretty separate. i think what's happening now is that the market doesn't like negative interest rates. we know the market likes quan take tif easing. is that going to have spillover effects into the u.s. equity market long term or u.s. recession? we don't think so. >> it's a great point. i wonder whether central bankers will look at the message from the markets and think maybe we should try something different, try more easing. it's interesting they decided to go negative and now we're seeing this sort

the boost is also helping shares of newmont mining and currently hitting session highs amid the broaderlook at the material sector, it's the on track to be the best performing sector for this week. >> we want to take a check on the s&p 500 versus oil. wti has tested levels we haven't seen for a while. we're down 3.4%. this is the correlation that really held for first 20 trading days. 97% correlated. take a look at the stocks we're watching under pressure, software coming out with disastrous report very soft spending environment, this is taken down its competitors and work day as well as sales force.com and really taking on the chin there and look at the high flyers we like to track, netflix, these are intraday levels we haven't seen since mid 2013. real radio happening right now. >> that's today, not -- >> brutal. >> trading like it's going out of business, literally. you don't see 44% decline in one day often. >> bad assumptions made by the stock. >> let's play the sound bite from president obama talking about his view of the u.s. economy. >> the basic proposition is that right now ga

how about newmont mining, and gold mining stock. gold is at 3%.udential financial down a new low. down 7%. kellogg, another name you know. they are improving their sales and they are up 3%. devin energy. oldman sachs said it could be a winner if oil stabilizes at $35 a barrel for the next three years. the market doesn't think much down 8%. we are about to speak to donald trump. how much remind everybody, he's coming on the show very come very shortly. i will ask for his analysis on what is going on this morning and why it's happening. we are going to sell off worldwide. whenever donald trump to come to us from the trump tower just down the road fifth avenue new york and will be joining him very shortly. i'm sorry, i tell a lie. donald trump is in florida. is he with us now? is donald with us? i don't know exactly where in florida. ashley: he is at a breakfast buffet somewhere. stuart: donald trump is that the astronauts from florida. thank you very much. we appreciate it, sir. >> very good, my honor. stuart: what is your analysis of why the stock

shares of newmont falling. >> to politics, and presidential candidates slugging it out with super tuesday. >> i kid andrew on that every day. how many months have 29 days. new this morning the latest nbc/wall street journal poll puts ted cruz narrowly ahead of donald trump at the national level. february doesn't always have 29 days. >> no. >> every four years. >> haley barbour knows this former governor of mississippi joins us. governor, it's good to see you. we've had your son on before. i see how people can get mixed up. i guess your son said something about donald trump and then donald trump got mad at you because he thought you said it. explain what happened there. >> actually, my nephew, joe. >> your nephew. i'm sorry. >> that's okay. at any rate my nephew, his name is henry, said something about trump and trump attacked me for it. that's fine. you know, this is politics. i have, in the last couple of elections, '08 and '12 have not endorsed anybody for president and i haven't this time. as a former national party chairman i think i should be cautious about that. and besides in this