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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: Investor-ex! who wrote (51821)4/22/2000 1:34:00 PM
From: Alex  Read Replies (2) of 116764
 
Hi Investor-ex. Good to see you back here............

Fair use etc...Financial markets used to rise on greed and fall on fear of losses. America now is dominated on both the upside and the downside by the fear of not being part of the greatest wealth-creating stockmarket bubble the world has seen. Investors have turned into greedy gamblers.

They have created a technology share bubble, inflating mainly from the Nasdaq sharemarket, that has led to what every expert agrees is the most expensive market of any time and any place.

There is no disputing that the technology is changing the world, but this is a separate matter to the game in shares of technology companies. This game has turned into a lottery - the biggest pyramid-selling scam invented.

And it has created a slew of myths.


theage.com.au
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