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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (63222)6/9/2006 1:16:14 PM
From: ild  Read Replies (3) | Respond to of 110194
 
What's it forward P/E?

I'm asking because IMO most (all?) gold stocks are expensive. But $2,000 POG will make them look good, so I hold them. OTOH if one believes in $2,000 POG then gold futures is the best vehicle.



To: Skywatcher who wrote (63222)6/9/2006 1:51:27 PM
From: UncleBigs  Read Replies (1) | Respond to of 110194
 
still too much hope in the precious metal shares. this needs to get wrung out before they can advance again.

I don't see precious metals doing anything but go down until Bernanke is talking about reflation again.


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