Gold stocks?, page-9

  1. xerxes_ph
    9,081 Posts.
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    21/05/02
    22:04
    Post #: 12801
    Just be a bit careful before buying US gold stocks vis a vis Aussie golds.

    Even if unhedged most US gold stocks are trading at valuations way in excess of their Aussie couterparts.

    Compare pe ratios.

    Alas ... it seems that for every positive spin there is a negative to consider.

    Not an easy game to play ... but my money will go on the undervalued Aussie golds - US golds could be hardest hit in the event of a downturn.

    Just some more "grist for the mill" to ponder upon
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