SI
SI
discoversearch

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.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Augustus Gloop who wrote (8846)3/3/2008 6:30:38 PM
From: John Pitera  Read Replies (1) of 33421
 
So funny Jim Cramer just used the exact same argument that I made here about 5 years ago regarding gold stocks: if you add up the market capitalization of all of the gold companies, in his case he was saying the total cap of the AMEX gold index it comes to 200 billion.

Then compare to the market cap of XOM at 469 billion, MSFT and GE also having significant market capitalizations. I've got to see if I can find my post from it seems like 5 years ago, highlighting this. ;-)

I'm kind of thinking when gold goes north of 1000 that it generates so much media attention that it creates a short term top. But I'm very bullish on commodities over the next 1 year, 3 years and 5 years.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News