In today’s Daily Reckoning take up the question of whether Australian stocks are undervalued and whether price-to-earnings ratios are useful at all when you’re analysing cyclical stocks. There is also the little issue of whether Aussie stocks could be “de-risked” by the result of the Federal election and whether that is a tradeable event.
August 4th, 2010 | Dan Denning | 2 comments | ContinuedAll Posts Tagged With: "bullion"
Gold in the Art of Bread Consumption
Mr. Harmston is not interested in hearing my “The Federal Reserve is evil and so is the Supreme Court” rant again, especially since it is all I ever rant about, but goes on to reveal that, “The same ounce of gold still buys approximately 350 loaves of bread today.”
February 24th, 2009 | Mogambo Guru | 1 comment | Continued
Lull in Gold Price Shouldn’t Deter Bullion Buyers
A little less than 12 months ago, the world’s biggest financial players suddenly found they could not turn some $1.3 trillion of their assets into cash. These assets – bonds backed by US home-buyers with low (or no) incomes – had become utterly illiquid. No one would buy or lend against them, not at any price. And an asset you can’t sell or borrow against is worth precisely nothing. The resulting mayhem? It would have sounded frivolous two years ago.
May 13th, 2008 | Adrian Ash | 2 comments | Continued
