Bitcoin sets a new all-time high above $6,000 >>> READ MORE

Romney Rolls to Strong Win in Nevada

Victory boosts former governor's momentum in race for nomination


As anticipated, Mitt Romney won big in the Nevada caucuses Saturday. As of this morning, former Massachusetts governor had garnered 47.6% of the vote, out-distancing second-place finisher Newt Gingrich by nearly 25 percentage points.

More problematic for Gingrich, though, was not Romney’s margin of victory, which was anticipated by many. It was Ron Paul’s third place finish, close behind Gingrich. Gingrich won 22.7% of the vote, while Paul got 18.6%.

Also in deep trouble was fourth-place finisher Rick Santorum. He got just 11.1% of the vote, well out of the race, and it looks like his top finish in Iowa was just a fluke.

Romney will be hoping to quickly carry this momentum into Tuesday’s primaries, which will be held in Minnesota, Colorado, and Missouri, as well as the Maine caucuses, which run until this Saturday.

For more information on the Nevada caucuses, check out this New York Times article.

— Benjamin Nanamaker, InvestorPlace Money & Politics Editor

The opinions contained in this column are solely those of the writer.

Want to share your own views on money, politics and the 2012 elections? Drop us a line at and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC