Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
nikolay
33 days ago
|
parent
|
context
|
favorite
| on:
Silver plunges 30% in worst day since 1980, gold t...
You think Apple's stock isn't also driven by speculation, just like any other stock?
TrainedMonkey
33 days ago
[–]
No. Apple PE ~33 implies ~14% EPS growth over the next 10 years, seems achievable. YOY Apple is ~10% and silver is over 270%.
nikolay
33 days ago
|
parent
[–]
You offer explanations and excuses similar to those of the precious metal folks. The issue is that amateurs can now easily buy and sell on the markets - otherwise neither Apple nor silver would be valued as much as they are... were.
TrainedMonkey
33 days ago
|
root
|
parent
[–]
I can see that you are committed to your current level of understanding.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: