It's an interesting choice, since COST and silver are two very different types of assets. No doubt Costco is a thriving company. But I think Peter makes a good point with the lofty P/E, especially for a discount retailer. To that I'd add that the analyst consensus one-year price target is only about 8% higher than the current price. And those targets are often overly optimistic. On the other hand we have silver, which stands to benefit from the persistent inflation we've seen -- and which doesn't appear to be going away any time soon. Plus, as Peter says, silver is trading well below its all-time highs. If I had to pick one today, I'd go with the silver coin.
Good stuff, as always Dave. And your "calls" always carry weight with me, since I've seen -- year after year -- how well you've done with price/magnitude forecasts with Bitcoin, and with your storyline forecasts with Big Tech ... particularly Apple.
As they say ... "Dave ... THANKS .., for playing our game!"
Or, in this case ... MY game. lol ...
Looking forward to our upcoming sit-downs ...
Folks here can look forward to our already-scheduled interview on BTC.
And we'll soon schedule that talk via a vis Apple -- and AI.
It's an interesting choice, since COST and silver are two very different types of assets. No doubt Costco is a thriving company. But I think Peter makes a good point with the lofty P/E, especially for a discount retailer. To that I'd add that the analyst consensus one-year price target is only about 8% higher than the current price. And those targets are often overly optimistic. On the other hand we have silver, which stands to benefit from the persistent inflation we've seen -- and which doesn't appear to be going away any time soon. Plus, as Peter says, silver is trading well below its all-time highs. If I had to pick one today, I'd go with the silver coin.
Good stuff, as always Dave. And your "calls" always carry weight with me, since I've seen -- year after year -- how well you've done with price/magnitude forecasts with Bitcoin, and with your storyline forecasts with Big Tech ... particularly Apple.
As they say ... "Dave ... THANKS .., for playing our game!"
Or, in this case ... MY game. lol ...
Looking forward to our upcoming sit-downs ...
Folks here can look forward to our already-scheduled interview on BTC.
And we'll soon schedule that talk via a vis Apple -- and AI.
Good stuff, my old friend.
Bill Patalon III, Stock Picker's Corner
I'm gonna go with the metal over the paper. That said - I would buy a "basket" of metals (gold, silver, copper, etc.) rather than silver alone.
This is a terrific response. Well thought out ... articulately stated. Hope we'll hear from you again ...