mongombolo...all fooling around aside ..
and i don't care from day to day where it goes or what it's value is ..i just trade a deritive ..
But my point comes from a comment made to me aa few years ago by a high manager in a large equities firm.
I said with the ALP allowing peoples savings to be invested in speculative markets ,,what if it crashes., he said well there's millions of people working away and that money comes back in and up she goes again.
Well that to me that sounds as though esecentially markets have really just been turned into a giant pyramid game .
and therefor there real value may be entirely different to what someone will pay.
not that it matters to us ..all the clever traders can make money from it well and good .
But anywhere else pyramid games are illegal ..and for good reason.
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