Last week we compared the five largest companies on the NASDAQ to the publicly listed metals & mining universe. This week, we refined the universe a bit more and compared the tech behemoth Facebook, Inc. (FB) to the precious metal players.
Facebook, which boasts a market cap of $150 billion, is nearly equal to the entire publicly listed precious metals universe, which has a market cap of just $170 billion!
That begs the question: Would you rather own Facebook, or every single publicly listed precious metals company in the world?
Written by Cejay Kim, Vice President of Investments at Palisade Capital
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