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Strategies & Market Trends : Value Investing
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To: Jurgis Bekepuris who wrote (43241)7/10/2011 2:38:51 PM
From: Spekulatius   of 78659
 
Jurgis,good post,IMO. A few comments:
While gold can be valued with production cost,IMO. Sure it differs quite a bit,but my guess is that the mean production cost is probably no higher than 500$for the largest mines. High gold prices will encourage high cost production, so this is a moving target.

I also see a style shift away from value investing, and that includes sometimes myself.
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