|
| The idea of a casino is perhaps indicated by that little thing called leveraged trading and being able to bet on a stock or commodity going lower.
Free market capitalism is based on the idea that companies will make the most efficient use of capital to be profitable. And investors will recognize that value, or loss of due to mismanagement, to buy/sell shares in a company thus establishing its value.
And then you add in shorts with leverage. Which some how adds to the identifying value, ensuring free market functions, and efficiency. Now, I don't know exactly how that occurs, but since shorting is a real thing in our "free market" world, then since short selling exists it must be good.
For me, shorting, is betting, and you bet at a casino. Which means the stock market is a casino for those with the big money and are in the club.
Shorting is apparently perfectly fine if individuals are doing it. No harm, no foul. Just a few people gambling. It's only when big money is thrown into the casino that shorting because a problem. And more specifically, small money being organized is the problem because the big money club isn't in on the deal.
The casino says the game is fine (shorting stocks, commodities), the problem is when the wrong group gets together to move the market.
When people understand your world is a rigged casino, including commodity trading, then things may change.
But until then the SEC and government allow it so it must be good and proper. If it wasn't, it would have changed long ago, like 80 years ago. | |
|
Looks like the game is over.
