To: BeHoldAPaleHorse
I'm somewhat amused by the notion that, because these commodities' prices are falling, folks are losing their shirts. Of course it's true, but what about the ones scoring big at the same time?
20 posted on
09/11/2006 9:24:37 AM PDT by
1rudeboy
To: 1rudeboy
Generally, the ones losing are the ones who thought the party would go on forever.
To: 1rudeboy
"I'm somewhat amused by the notion that, because these commodities' prices are falling, folks are losing their shirts. Of course it's true, but what about the ones scoring big at the same time?"
- Yes, the market is a zero sum game. From the sounds of the commodities most effected (gold, platinum), these are speculative investments so speculators will be the most hurt. Also, gold is a traditional investment hedge against concern over high inflation. Perhaps the market feels that the inflation fears are exaggerated and everybody's bailing.
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