GREY:GBRIF - Post by User
Post by
longtoothon Aug 09, 2011 3:14pm
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Post# 18923042
this market is becoming irrational
this market is becoming irrationalthere are excellent companies that have strong cash positions and great assets and are tanking. then there are companies full of hot air that are not being affected. this is disturbing. It seems to say that BS has traction and sound fundamentals are not valued.
One positive is that the price of gold (POG) is finally approaching a level that is equal to it's true value. Hopefully legitimate gold miners will start to realize a benefit soon as well.