Replies to post #77151 on Intel Corp (INTC)

[mas]

Exactly it's just one big guess ;-).

[Elmer Phud]

The concept of book value cannot be applied to commodities.

The price of oil is the perfect example. It's purely supply and demand.

[Sarmad]

>> If you can sell gold at $942 right now, that's its value.

Well, this statement above is true, but not helpful. He isn't buying it for the purpose of selling it right now. He is buying it for the purpose of selling it some years from now. The fact it is 942 today says nothing about what it will be tomorrow.