SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: a.handbag. who wrote (156733)9/9/2011 11:28:35 AM
From: Bearcatbob1 Recommendation   of 206093
 
The issue of wealth creation is a key to getting out of our current situation. Let's say - pick one of our favorites - SD - announces a huge oil find tomorrow and the stock doubles. The only losers in this would be shorts who - imo since they were voting on misfortune - deserve to be screwed. This would be a huge creation of wealth in the terms of share appreciation. With the share appreciation one would have collateral from which to borrow and hence participate in the growth of the money supply.

Let us say some other event takes place - say a destructive politician changes his policies - and the market soars. Again - wealth would be created and the benefits would flow.

One does not have to sell shares to realize wealth.

It all gets down to the argument of zero sum economics. A dear lefty friend here in Cleveland has been very difficult to convince that markets are not a zero sum game. If one believes for each winner there is a loser - one does not care about creating more winners. IMO we need more winners. The creation of winners does not require another to lose.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext