RE: Why Price-To-Earnings Ratios Are Less Meaningful Than In The Past And Will Be Even Less So In The Future
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I believe that when people realize even the companies with good P/E ratios were all from buybacks, gold will continue to outperform and even start to look like bitcoin when this fake b.s. monetary system comes to an end like they always do!
I like crypto and gold going forward, waiting for the reset.
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Yeah, buybacks have been a common feature of the market in recent times. Some companies have are bursting with cash and don't know what else to do with it and the use it to improve their ratios. It's never a sign of a healthy market if too many do too much of that.
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