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Re: Historic valuation

Posted: Tue Oct 27, 2015 7:56 pm
by MachineGhost
Good points.  I hate to say it, but brokers were all bucket shops before FDR got elected and formed the SEC.  Investing for the masses truly did not exist until 1934.

He's overlooking that human emotions are the same now as back then, though.  That is what moves markets, not valuation.

Re: Historic valuation

Posted: Tue Oct 27, 2015 8:48 pm
by MachineGhost
MangoMan wrote: Think of all the time saved not fighting over the correct percentage of gold to hold in your portfolio!  8)
I want to start a new project working on metaphysical transmutation so I can take my gold with me. 8)  j/k