Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

0.0%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keith Feral who wrote (113930)	2/21/2002 8:32:26 PM
From: marginmike	Read Replies (1) of 152472

"What's the point of buying gold at the end of a recession when all the major restructurings have been made? People that hedged tech with energy 12 months ago got fucking slaughtered. I see no reason why gold would do much better this time around." Gold has been in a 15 year bear market where in every financial institution has embraced paper assets with dubious financial reserve. We are at the end of a huge credit bubble, where major economies are rolling over and about to implode. Multi-billion dollar companies are vanishing, bonds defaulted and stocks plumeting. Why not own a hard asset? Gold minning stocks have low pe's pay divedends and their profit margins are increasing with the price of gold/ Your misunderstanding of Gold as a Hard asset is no diferent from people who misunderstood Qcoms position. I would also argue that the recession has hardly begun, and if you are right we will be hit by massive inflation by the money and asset appreciation a quick rebound would incur.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next