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Gold/Mining/Energy : Gold vs Rambus

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From: Bilow1/30/2012 2:33:18 AM
   of 186
 
Re: "RAMBUS (rmbs).. I don't presently own it, but have owned it many times in the past and will again in the future.. All of you guys keep track of it. The investment $50,000 in Gold against 1,000 shares of Rambus at today's closing price today of $50. Remember this you will regret not buying.. Trust me."

Around 1998 the price of gold was about $300 per ounce. It's now around $1600 per ounce so the $50,000 in gold is now worth well over $250,000.

1000 shares of RMBS is around $8000.

Of course Rambus has been highly profitable and paying a big dividend. Or have they?

-- Carl
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