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When Bush took office...
On Sun, 11 Nov 2007 22:14:31 GMT, "JoeSpareBedroom"
wrote: "Vic Smith" wrote in message .. . On Sun, 11 Nov 2007 21:44:16 GMT, "JoeSpareBedroom" wrote: Give me 3 examples of institutional speculators, please. There's lots on the web about futures markets. I'm not sure why you're bitching about commodities futures, which spot markets always bring quickly to reality. It's the equities markets - Wall Street - that has weakened the dollar, and the U.S. If you seriously think that the equity market caps of many companies are more real than a commodity futures price, try liquidating the shares of a large corporation for actual cash and see what it brings. Wall Street is more of a fantasy than any commodity futures market. Most equities just doesn't reach the real spot market - not yet anyway. Any return on Wall Street equities beyond paid dividends is the result of speculative forces, and nothing else. Gambling is gambling. Poker, craps, horses, equities, futures, real estate. Your pick. --Vic If a bunch of fools bid up the price of a stock to a level that's absurd, you (and I mean specifically YOU) do not have to buy that stock at that price. Do you agree with that statement? Yes. --Vic |
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