Randgold Resources Ltd. (ADR) (NASDAQ:GOLD)
The Company is engaged in gold mining, exploration and related activities.
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A P/E of 90? Are you kidding me? Next year it's projected to make a few cents per share more than it is projected to this year.
22 months from now and the company will still be trading at over 80 times earnings at this price! Noooo thank you!
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gold play
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Gold. I mean... c'mon.
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i belive gold is going to be up a long while
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Now that the Chinese stock market is in tune again with New York and that it is going down, oil and gold won't be able to keep moving higher.
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we are heading for a deflationary recession. The federal reserve is not printing money. They are actually removing $ from circulation by loaning out money AT INTEREST. All the emergency injections are loans with interest which results in a decrease in $ in circulation. This is deflation. Banks are hoarding money. Companies are downsizing and consumers are cutting back. These are recessionary and deflationary signs. Once the Mo-mo players and inflationists figure this out metals will come falling down.
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Gold is at a high. Holiday season is here. Valentine's day is aound the corner. Those are two big times of sale for this product.
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Talent, business and engineering
Responsible financial decisions
financial know how to get it's stock out - easily accessible; pays some dividend but with restraint
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Have to go with GOLD. With the weak dollar, Gold prices are through the roof. GOLD is just one of the many you can invest in to make out. However don't just blindly invest, make sure the numbers are good and the company is well run, like GOLD.
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The inflation should push the gold price up.
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INFLATION
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good place to be let's hope
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will go to $35 per share
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