Quality of companies identified by eight criteria: Meeting an...

Quality of companies identified by eight criteria:

• Meeting an economic need - True, Gold will always have value
• High and consistent profitability - Fail
• Long history of a constantly high cash flows - Fail
• Immense balance sheet strength - Fail
• Strong insider ownership - Fail
• Shareholder friendliness - Fail; and of course:
• Is the stock a bargain compared to the last five to ten years? Fail

Time to head for the exits.