Home › Forums › Financial Markets/Economics › The next tipping point
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September 5, 2009 at 5:16 PM #454276September 5, 2009 at 7:01 PM #453489sdrealtorParticipant
That was awesome! The rest of the world is toast but I think it looked like San Diego made it out unscathed. It’s different here ya know.
September 5, 2009 at 7:01 PM #453683sdrealtorParticipantThat was awesome! The rest of the world is toast but I think it looked like San Diego made it out unscathed. It’s different here ya know.
September 5, 2009 at 7:01 PM #454022sdrealtorParticipantThat was awesome! The rest of the world is toast but I think it looked like San Diego made it out unscathed. It’s different here ya know.
September 5, 2009 at 7:01 PM #454094sdrealtorParticipantThat was awesome! The rest of the world is toast but I think it looked like San Diego made it out unscathed. It’s different here ya know.
September 5, 2009 at 7:01 PM #454286sdrealtorParticipantThat was awesome! The rest of the world is toast but I think it looked like San Diego made it out unscathed. It’s different here ya know.
September 5, 2009 at 8:16 PM #453494EugeneParticipant[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.
September 5, 2009 at 8:16 PM #453689EugeneParticipant[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.
September 5, 2009 at 8:16 PM #454027EugeneParticipant[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.
September 5, 2009 at 8:16 PM #454099EugeneParticipant[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.
September 5, 2009 at 8:16 PM #454291EugeneParticipant[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.
September 5, 2009 at 9:32 PM #453519paramountParticipantThat the Chinese Gov’t is encouraging citizens to buy Gold/Silver is widespread knowledge, but here is one quote:
“For the past half a century, the Chinese had the lowest per capita consumption of gold in the world. Next year, Chinese gold demand will likely surpass that of India.
This year, the government banned silver from being exported… and by July, it was being promoted as an “investment” to the Chinese public on the 6 o’clock news.
You do the math– how does that affect global demand if just 10% of Chinese begin to perceive silver as an investment?
Will the Chinese turn into goldbugs overnight? No. Over the next 5 years? Probably, yes.
I like your long-term silver option strategy for this reason. Even the smallest shift in Chinese investor/consumer preferences can dramatically alter global demand and commodity prices.
From what I’m seeing from the ground, the Chinese government is engaging in one of the most explosive financial marketing campaigns in history. Instead of Maoist propaganda, though, they are attempting to change the entire perception of gold/silver in the Chinese public.
Simply put, the Chinese government is trying to trigger a national gold craze…and it’s working.
The Chinese public now has gold trading platforms on steroids.
You can buy silver bullion or gold bars at any Chinese bank in four different sizes. Wealth management products tied to gold are skyrocketing in popularity, and the public can now instantly buy, sell, and trade gold 24 hours a day in five different forms with different eight types of services.”
September 5, 2009 at 9:32 PM #453714paramountParticipantThat the Chinese Gov’t is encouraging citizens to buy Gold/Silver is widespread knowledge, but here is one quote:
“For the past half a century, the Chinese had the lowest per capita consumption of gold in the world. Next year, Chinese gold demand will likely surpass that of India.
This year, the government banned silver from being exported… and by July, it was being promoted as an “investment” to the Chinese public on the 6 o’clock news.
You do the math– how does that affect global demand if just 10% of Chinese begin to perceive silver as an investment?
Will the Chinese turn into goldbugs overnight? No. Over the next 5 years? Probably, yes.
I like your long-term silver option strategy for this reason. Even the smallest shift in Chinese investor/consumer preferences can dramatically alter global demand and commodity prices.
From what I’m seeing from the ground, the Chinese government is engaging in one of the most explosive financial marketing campaigns in history. Instead of Maoist propaganda, though, they are attempting to change the entire perception of gold/silver in the Chinese public.
Simply put, the Chinese government is trying to trigger a national gold craze…and it’s working.
The Chinese public now has gold trading platforms on steroids.
You can buy silver bullion or gold bars at any Chinese bank in four different sizes. Wealth management products tied to gold are skyrocketing in popularity, and the public can now instantly buy, sell, and trade gold 24 hours a day in five different forms with different eight types of services.”
September 5, 2009 at 9:32 PM #454052paramountParticipantThat the Chinese Gov’t is encouraging citizens to buy Gold/Silver is widespread knowledge, but here is one quote:
“For the past half a century, the Chinese had the lowest per capita consumption of gold in the world. Next year, Chinese gold demand will likely surpass that of India.
This year, the government banned silver from being exported… and by July, it was being promoted as an “investment” to the Chinese public on the 6 o’clock news.
You do the math– how does that affect global demand if just 10% of Chinese begin to perceive silver as an investment?
Will the Chinese turn into goldbugs overnight? No. Over the next 5 years? Probably, yes.
I like your long-term silver option strategy for this reason. Even the smallest shift in Chinese investor/consumer preferences can dramatically alter global demand and commodity prices.
From what I’m seeing from the ground, the Chinese government is engaging in one of the most explosive financial marketing campaigns in history. Instead of Maoist propaganda, though, they are attempting to change the entire perception of gold/silver in the Chinese public.
Simply put, the Chinese government is trying to trigger a national gold craze…and it’s working.
The Chinese public now has gold trading platforms on steroids.
You can buy silver bullion or gold bars at any Chinese bank in four different sizes. Wealth management products tied to gold are skyrocketing in popularity, and the public can now instantly buy, sell, and trade gold 24 hours a day in five different forms with different eight types of services.”
September 5, 2009 at 9:32 PM #454124paramountParticipantThat the Chinese Gov’t is encouraging citizens to buy Gold/Silver is widespread knowledge, but here is one quote:
“For the past half a century, the Chinese had the lowest per capita consumption of gold in the world. Next year, Chinese gold demand will likely surpass that of India.
This year, the government banned silver from being exported… and by July, it was being promoted as an “investment” to the Chinese public on the 6 o’clock news.
You do the math– how does that affect global demand if just 10% of Chinese begin to perceive silver as an investment?
Will the Chinese turn into goldbugs overnight? No. Over the next 5 years? Probably, yes.
I like your long-term silver option strategy for this reason. Even the smallest shift in Chinese investor/consumer preferences can dramatically alter global demand and commodity prices.
From what I’m seeing from the ground, the Chinese government is engaging in one of the most explosive financial marketing campaigns in history. Instead of Maoist propaganda, though, they are attempting to change the entire perception of gold/silver in the Chinese public.
Simply put, the Chinese government is trying to trigger a national gold craze…and it’s working.
The Chinese public now has gold trading platforms on steroids.
You can buy silver bullion or gold bars at any Chinese bank in four different sizes. Wealth management products tied to gold are skyrocketing in popularity, and the public can now instantly buy, sell, and trade gold 24 hours a day in five different forms with different eight types of services.”
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