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.
Politics : Dutch Central Bank Sale Announcement Imminent?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Murphy who wrote (3045)1/13/1999 6:50:00 AM
From: Mark Bartlett  Read Replies (3) of 81840
 
Bill,

It occurred to me that we likely have an interesting demographic profile of people running/advising many brokerage clients these days. The majority have never seen a true bear market and further, most have never experienced real deprivation or fear of losing everything.
In fact, for many their economic lives have been one "success" after another.

In my mind, this has contributed to the bubble as much as anything. Having never experienced these things, they have no fear of them. One could argue that the people that truly run the show, have .... but lets face it - who wants to be the person to end the greatest economic party this generation will ever see, regardless of what the long-term consequences are for the future.

Is there such a thing as too much of a good thing ? ..... we all know there is - and inevitably, when it is over, there is hell to pay.

If the price of gold is being controlled to give the impression all is well (and I am in this camp and have been for a long time) ... then those doing it are just as culpable. Healthy economies (like most things) have a natural ebb and flow. Presently, there is nothing that feels healthy or natural about the present situation. This is not a particularly empirical observation, but IMHO valid nevertheless.

IMO there is too much wrong now; controlling Yen, Dollars, interest rates etc. can not correct this mess .... a long slow death spiral is about to be played out. How long and how slow is anybody's guess.

Some thoughts on a cold, snowy Toronto morning.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News