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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bobby Yellin who wrote (33197)5/5/1999 9:29:00 PM
From: long-gone  Read Replies (1) of 116762
 
Just a pro-gold thought for the gold bug in all of us:
If as was quoted the "true value" of AMZN is $12-24(per analyst on CNBC), Then at the higher point ($24) The closing price of 146.50 is , by that standard, 84% overvalued. In terms of oz of gold the "excess" market cap. would then be 69100174.3 oz. or
1982.484 times the amount to be sold by the IMF.
BUT that fact won't get out!!!!!!!!!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext