Larry,
I was wondering why all the large banks (GS, BSC, MS, JPM) have a negative enterprise value and N/A EBITA. They are all going straight up. I was under the impression that a negative yield curve was bad for the banks.

Gary

Gary,

Goldman Sachs, Bear Stearns, and Morgan Stanley are not bank stocks. JP Morgan is a big money center bank that has a lot going on other than just borowing short and lending long, which is a traditional bank activity that would be affected by a negative yield curve.

However, the real answer to your question is if you have money burning a hole in your pocket forget banks and buy more silver.

Larry

I have no intention of buying any of the large financial stocks. Certainly not after this crazy run up. I was just wondering why the stocks are shooting to the moon. By looking at their stock price they must be making money hand over fist. BTW I did just buy a load of silver a couple of weeks ago

Gary

Why do the financials have a negative enterprise value?

I've never heard of a measure called a "load" of silver. How many ounces are in a load?

I would have to look at their financial statements to tell you why the enterprise value is negative. But my guess would be that they have so much cash and cash equivalents in relation to their market caps that it creates a negative enterprise value. You can't analyze financial stocks like you would other stocks.

Larry

A "bunch" of ounces are in a "load"

Gary