OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.


Posted by Maddog @ 9:19 on July 23, 2014  

re Willie


They can keep gameing for ages yet, as there is no-one to stop them…except that they have to keep the SM going north, but with rates held near zero the economy will stagnate/decline as it is now, mainly because the consumers who are the middle classes  are being screwed to the wall, they have no spare income at all. So earnings in the SM will start to decline and therefore the P/E ratio will go  crazy…at some point they have to back off or drive ratios to insane levels….I hear the Russell is already at 75 times earnings  !!!!!!




PS the defense of 21.00 in Silver is just so blatant.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.