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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%Nov 5 4:00 PM EST

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To: Maurice Winn who wrote (73413)4/20/2011 10:21:38 PM
From: carranza2  Read Replies (2) of 217545
 
Now, now, Mq., it is unseemly to brag.

Especially since Q's share price has been pretty much stagnant for 5 years.

I think, however, that it is substantially undervalued considering its stellar financial performance over the past five years which, for reasons I don't fully understand, is not properly reflected in the share price. It should be much higher. The share price has held steady while the USD has declined about 60% in that time frame so by my lights, i.e., purchasing power measured in USD, the performance has not been that good. Why stellar performance, great numbers, etc., for five years have not led to a higher share price is a mystery to me, one I cannot fathom, but it is what it is. The market is simply often not rational. Or is rational in ways we cannot comprehend.

It should play catch-up, however, and your shares should go up substantially in the next few months.

Please note that gold has been up 150% in the same 5 year period.
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