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Dabble010

4,322 Posts.

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17/02/19

21:43

Post #: 37464817
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Originally posted by Dr.Who ↑

If you call 17x earnings 'so over valued' what would you have called 24x, which it was a while back. The e is catching up with the p at a faster rate of knots.

Fantasies of goldbuggery are quite entertaining. I'm wondering if a few of you are thoroughly brainwashed by the tripe written on the internet. Gold will be ok but just ok. Attempts to talk it up by economic armaggedon are as far of the mark as one can get. The talk about debt is a furphy. If money supply is out of kilter then there has to be inflatIon. Inflation is just about where it should be. All is well in the world, innovation is alive and kicking.

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I'm no goldbug but doesn't POG increase where there's inflation?

just a general question?

Last edited by Dabble010: 17/02/19

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