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Can't speak for Prospector but I would say "especially" the banks. A fall of that magnitude would have them on life support from the gov. I accept the possibility of such a big drop but doubt it will happen. Maybe I just don't WANT to acknowledge it.

True! Australian gold miners in particular have a lot of hurdles to jump. Whenever POG rises so does our currency, we have sovereign risk in the form of Labor governments and native title acts and oil, a major input cost, keeps rising. A gold bar as a door stop (I know a guy with a silver...

No private debt and selling an investment property now. Check Dan Murphy has some good cheap reds. Can I stockpile them instead? Got a little veg patch but if I liked doing that stuff I wouldn't be here on my puter.

Like you VE, I would prefer to be short than long the banks but that is using the simplest metric: P/E. It is too high considering the continuing GFC but that is probably because of a flight to perceived safety. Minor fluctuations of earnings wont dislodge these investors but any loss of trust...

It has none. It is the metric against which everything else is valued, so you could say it has a value of 1 and that never changes.

I can picture inflation because we have lived with it all our lives. You just multiply it. Depression is harder because we have never experienced it. It would be frightening though. Like being in a minefield.... nowhere safe in sight. What is even harder to picture is an "inflationary...

The current selling price is a good enough guide for me. Ag is US$1231.40. That is what a seller would get now. Frankly, I think you are overanalyzing. It doesn't have to be that hard and it can be more fun. :D

Well that's the most sensible thing written about "value" yet. :) But the single most valuable asset of CBA is it's brand and heritage and I have no idea how to value that. But this bit is the kicker: Someone else with different intrinsic valuation techniques or views of the global economy or...

60% of my portfolio I've held for many years yet you keep hitting me over the head with the "trader" tag and the way you use it, it is a swear word. It is far easier to value a miner than Myer. One has some product in the ground and a reasonable guestimate at mining costs. Myer has a "brand"...

Maybe 'tis time I made myself more more clear also. WHAT THE F**** IS "Intrinsic value". You have hit us over the head with it for ages now and I STILL have no idea how you calculate it. What you dismissively call a "price chart" (as if price doesn't matter to an investor) I call a...

WOW Didn't that take a long time. :D I have bolded the bits that are exactly what I said. What you missed though is that they are all 12 mth charts and therefore can not reflect long term earnings. If you like increasing earnings, and I agree it is desirable for value investors, and I also...

You'll have to help me out a little here. I would NEVER hold a falling share that long. I would look at the chart. LOL

It tells me that it doesn't trade some weeks. Do you like illiquid stocks?

Yes. But IV says he never looks at them.

If I saw a chart like that I wouldn't have to ask about it: I would find out. Is it a speculative day trader's darling? It has a $6.7 billion market cap and a major gold miner just paid C$25/sh for 9.2% of it. It hardly gets a post a week on Stockhouse (the big Nth American chat site) so I don't...

You guys make it hard. All I did was post three charts. If I could have removed their names I would have. They all tell me a different story IN A SECOND! I thought the same stories would be obvious to all. Seems I'm wrong. The top one is booming and I would always be curious to know what...

Were you referring to RBI or MSFT? What I find interesting is the notion of bursting bubbles on a property forum. :D For what it's worth I don't believe either are bubbles. If that worried me I would have sold RBI under $10. Edit: You may be right. That's why I'm trying to set up a broker...

Which of these three would you spend time on finding their "intrinsic value"? This one this one or this one I would look at the third first, and not because it's Microsoft, but because it is interesting. Then the first but I would feel late to the party but never...

Got a winner for Saturday?

A typo. Should have been Main Stream Media.