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Schweizerische Nationalbank (0QKG.L)
LSE - LSE Delayed price. Currency in CHF
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8 reactions on $0QKG.L conversation
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This stock has a PE of .01 or so. If the pe were a 1 for instance the stock would be selling for north of 250 thousand a share. I get that its a central bank but they are cleverly buying up the best cream of the crop companies in the world. They are exchanging paper for assets. Its a smart move.
#$%$ is this a central bank with shares? who buys actual stock in U.S. companies. How is this even legal.
Non stop upwards. What happens when they start selling positions?
How do you value a stock that can print unlimited money? LOL
Scary to see this going down....why would anyone sell they can keep printing money at no cost.
In addition to a low pe. Swiss national Bank.This thing also pays a positive dividend. Not much but its better than any swiss govt. bond from what Im reading. It also owns so many of Americas preeminent companies. JMHO
down she goes.... Another round of QE/Lower rates and free money this will be 25-50k... then public finally does research and gets upset
would be amazing to watch this thing implode. I suspect 2-3 more rounds of QE public loses faith in having a central bank keep printing and buying up assets while regular people are forced to sell each time. Everyone should wake up after the next round of QE, but people are dumb AF and they need to get burned 2x more in order to finally give up
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