rather than anything tangible
Another sign of bubbles is a change in the basis of valuations. Dotcom shares were assessed in terms of “price per click” rather than anything tangible. Here gold presents a problem. It has no earnings or cashflow so it is harder to come up with a fair price.
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rather than anything tangible
而不是有形的东西
以上为机器翻译结果，长、整句建议使用 人工翻译 。