| | | QCOM bottomed out at $13 about the same time. Paid megatons of dividends, created the fantastically vast and paradigm shifted mobile Cyberspace and is around $140 now = 10x
Gold from $280 to $1800 = 7x but created nothing, paid no dividend, enabled no iPhone, Amazon purchase, Google mobile search, mapping, messaging, photos, videos, Facebooking, many $trillions in value not to mention mega$trillions of consumer surplus, while millions of employees paid giga$bucks in taxes.
Gold just stupidly sat there, is still worth only 1 ounce for each ounce held, less security vault cost, insurance and worry costs.
Mqurice |
|
