12-12-2013, 02:28 AM
'ArtM72' pid='33980' datel Wrote:Ray - Is the 15 you are using the P/E ratio? Here's something that continues to stick in my craw. Everybody is ignoring inflation and discounting their and my sale price expectations by 10-15%/year while my brokerage bank is paying me a few tenths of a percent on my cash balance. Can someone tell me where other than my IOC shares I can get 10-15% return while retaining an inflation proof asset stored underground as security? 10-15% discounting of inflation proof assets just seems ridiculous to me. 5 seems a lot more reasonable.
Take a look at the CLR chart.