[durasell]

There's a good book on the subject, Extraordinary Popular Delusions and the Madness of Crowds. Written in the 1800s, it's still true today. A kind of temporary insanity happens when any commodity starts rising rapidly.

[fallujah-nuker]

durasell recommended reading "Extraordinary Popular Delusions and the Madness of Crowds."

It was written in 1841 by Charles MacKay, Bernard Baruch once said the first 3 chapters saved him the price of the book many times over in 1929. Tulipmania was my favorite chapter.