If you are asking where the price of Gold will be in 2012 you need to listene to the views or prediction of Mark Cutifani. Mark is not any other Tom, Dick and Harry, he is Chief Executive of AngloGold Ashanti. When such a insider speaks you need to pay attention.
Gold To Hit Near $2000 in 2012
In a conference call with reporters after the release of fourth quarter earnings, which fell far below expectations, Cutifani said he saw the price of bullion averaging $1,700-$1,850 throughout 2012.
You don’t need to act solely on his statement, but his views are better kept on board when analysing the price of Gold in 2012.
written by Constantine Njeru
\\ tags: Anglogold Ashanti Ltd, Gold, Gold Forecast, Gold Predictions, predictions 2012
I have read many comments complaining why at $100 Billion value Facebook is over valued. The logic is, with profits of $1billion a multiple of 100 is wrong.
Take a look at tech IPOS of other tech giants, Google and Apple, that Facebook is compared to and you will say those companies where even more expensive during there IPOs.
Apple IPO PE ratio.
Apple Inc – today, the world’s most valuable technology corporation – went public at a valuation of just $1.19 billion in 1980, equivalent to 25 times revenue and 102 times earnings.
Google IPO PE ratio.
Google – to which Facebook is most often measured against in terms of potential – was valued at $23 billion at the time of its 2004 debut, or 218 times earnings.
This is my my thought about Facebook “It’s the next Google.”
written by Constantine Njeru
\\ tags: Apple, apple ipo, Facebook, Facebook IPO, Google, google ipo, Ipo