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 : GOLD-XAU
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: philv who wrote (778)12/20/1997 4:24:00 PM
From: PaulM  Read Replies (1) of 1756
 
Phil, the "Invisible Hand" is Adam Smith's term for market forces. I don't think what's going on here is particularly new. Govts, corporations and other vested interests will always try to convince people things are better than they are. Specifically, that people have more than they do. For those who understand what's going on, this creates opportunity.

For example, many people in the U.S. think they have hundreds of thousands of dollars in their 401k brokerage accounts. In reality, the earnings and dividend generating capability of the stocks they own are worth much less. So when a decent number of those people start making withdrawals (out of fear or necessity) what the mases have will become much clearer.

The more distorted the masses perception of reality, the more effort is required by the auhtorities to maintain it, and the sharper the correction when it falls apart.

Again, this creates an opportunity.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News