[quote=paramount]Let’s see, the Chinese gov’t is telling their citizens to stock up on gold and silver
[/quote]
Source?
[quote]The S&P is currently averaging @ 140x earnings.[/quote]
Which part of S&P? I just checked the four stocks I mentioned earlier. With the exception of AA, whose forward P/E is 26 because of low aluminum prices (something that may well change if world economy fully recovers), all others are in 11-18 range. MSFT is at 13, INTC is at 16, BA is at 11. These ratios seem perfectly reasonable to me.
