The bond market’s assessment also jibes with SpaceX’s stock. It’s a profitless, non-dividend-paying, one-person-controlled, empire-building project trading at more than 100 times sales, about 30 times the valuation of the S&P 500 Index. That’s the very definition of a junk stock.
Original link: https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says
You want it at home. The real value in your of gold is when society collapses it still is a nice metal and so has value. Iron would work to but your house isn’t big enough for your life savings in iron.
I don’t think society will collapse and lacking that scenario gold isn’t a better investment.
Gold is money. Central banks are the biggest buyers, and that’s not as a hedge if society collapses. It’s an escape hedge from money printing and an universal medium of exchange
Well, I don’t.
I don’t think that either. I buy it when I think it’s value will rise.