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SPDR Gold Shares Message Board

  • cwtripps cwtripps May 12, 2010 11:45 AM Flag

    Bulls- there is no PE ratio on gold. its not a stock

    this is what bears don't get

    just because its up 400% in 7 years( since 03), they want to short it

    well, i can find 1000s of stocks up 400% since March 2009!!!!!!!!!!!

    let's dispell these ridiculous analogies today. there IS no high PE on gold. its not a company

    its real money and a store of wealth. the sky is the limit. in fact, gold has been manipulated down for many years because the ponzi bankers wanted to suck everyone into a big madoff scheme

    today, there are runs on gold in austria. several months ago it happened to us gold ran out of them

    every time it was a buying signal as it IS today

    there is no pe ratio on gold. period. could be 2k, 5k, 10k. who knows

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