TK I can believe your silver and gold targets, but Where does all the capital go, that's fleeing? As well as capital from all the other commodities.
They're not going to stop chasing returns. My fear is S&P multiples are headed back to 20 PE average yet again. That's a large gain from where we are. 4/20/13
I can believe your silver and gold targets, but
Where does all the capital go, that's fleeing?
As well as capital from all the other commodities.
They're not going to stop chasing returns. My fear is S&P multiples are headed back to 20 PE average yet again.
That's a large gain from where we are. 4/20/13