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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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rdkflorida2

To: Real Man who wrote (113085)	11/13/2020 7:50:21 AM
From: Rarebird	1 Recommendation Read Replies (1) of 116950

Investors/Traders have given the Market a temporary pass on valuations due to Covid. That's a fact. It is almost impossible to value most equities based on Pandemic. And you are arguing on behalf of valuations to support your bearish thesis? One can't value many companies based on Pandemic just yet. Market is in a way existing in a void. So, valuations have become subjective for many economically sensitive equities. What we have here is an interpretation of what valuations might be after the Pandemic is over. There are no facts when it comes to valuations at present, just interpretations of what valuations may look like in a non-Covid Equity Market in the Future. Welcome to the world of Transcendental Valuations.

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