Silver as an investment

Is This The Cheapest ‘Stock’ In The World?

Despite roaring to a 162% return in the last 12 months, this ‘stock’ trades at a mere 0.0168x trailing price-earnings ratio… and a record-breakingly cheap 0.009x 2017-estimated P/E…

https://www.zerohedge.com/sites/default/files/inline-images/20180114_SNB2.png

Are you a buyer?

The ‘company’ has a market capitalization of CHF 495 million and ‘earnings’ of CHF54 billion!

How much would you like?

The name of this mystery stock? Simple – The Swiss National Bank…

 

https://www.zerohedge.com/sites/default/files/inline-images/20180114_SNB.png

Still wanna buy?

 

https://www.zerohedge.com/sites/default/files/inline-images/20180114_SNB1.png

It’s probably different this time.

h/t @Schuldensuehner