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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (23940)10/11/2007 9:19:30 PM
From: Maurice Winn  Respond to of 217837
 
Not true TJ. All along, you have claimed that gold would beat QCOM. Even when QCOM was at $12 split adjusted, you were saying "repent, sell buy gold". You were wrong. QCOM since then went to $53 a share. That's 4x. In the same time, gold went from US$330 [more or less] to $600 or so.

You were wrong.

With the royalty rumbles, QCOM has taken a dive as panic set in that judges, juries, politicians and thieving competitors would confiscate QCOM's property.

In the years since Y2K, the USA has grown hugely more than China. A 5% increase in the huge USA economy is a huge absolute increase. For China to achieve such an increase, they need plenty of 10% growth rate.

In the 1980s, as Japan soared, the USA was considered by many to be a has-been. There was a glitch and a change in 1990 and Japan went by the wayside. China is now soaring and with a huge population base to push it along. Maybe that will continue.

Mqurice