Gold price, page-9478

Armstrong made money on inside trading. He even said in his blog that in 80-s FED called him and said about % raise or not raise, and he moved his and his clients money before the crowd. It was ok back then. He managed a lot of money, so he could move his own finds before the clients money. All rich people make money this way only. Using your super to get gains for themselves. Say, buy BDR 1m of today for 34c. Then put sell order at 36c. And move their client to buy on market and drive the price to 36+ so you could sell into them.
Just buying and holding rarely makes you money. It is not realestate where bank create new money supply by issuing new loans. Sharemarket is a 0 sum game, I think (maybe wrong). Market cap of any company does not mean this money exists, or somebody paid for ALL the BDR shares 33c. No, some paid 11c, or maybe even 0 (performance rights? ), but the last person transacted make the price, and market cap is number of shares * last price, which is pure fiction. BDR company is not worth 349m today. Nobody know what the real price of BDR today. Nobody buys companies like cars or roast chicken. Maybe BD Rwould sell for 10m today? But tomorrow maybe 100m? And in 2020 maybe 10B?