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Simultaneously gold is heading below 1500 for the first time in over 2 years i think.
Dollars arent rising though just an offset of better perceived USA figures I think. Not sure what was driving bitcoin but would be funny if they ran parallel at all
I was just trying litecoin, it wont process though0 -
Great, now engineers think that they are economists too
Far too lazy to read the article, but FWIW engineers are all about systems, modelling and optimisation. True engineers are probably better placed to comment on a financial system than (say) doctors, or lawyers, or many accountants.
In fact, many economists are so far wide of any accurate fortune-telling (~75% of actively managed funds under-perform the tracker IIRC), I wouldn't be convinced by what they had to say either.
I'd expect good historians to have a useful input though - it's not the first time we've seen such seeming irrationality.0 -
... but FWIW engineers are all about systems, modelling and optimisation.
http://www.youtube.com/watch?v=AGSKhIy9cnoLiving for tomorrow might mean that you survive the day after.
It is always different this time. The only thing that is the same is the outcome.
Portfolios are like personalities - one that is balanced is usually preferable.
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Ark_Welder wrote: »
Never claimed they always get it rightEspecially when the surrounding conditions are out of spec... Not unlike this current bubble tbh
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£61 @ 21.18Sealed pot challange no: 3390
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Unfortunately most economists are t very good at economics.0
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It's the first currency that is not influenced by the action of banks, surely that is a good thing?0
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You ought to.
It will help you, in future, spot a bull5h1tter who doesn't know what he's on about.Who is the clown that wrote that?
And now "entrepeneurs" think they are economists too.
A risk taker who thinks inflation is brilliant.
What a surprise.
Replace "entrepeneurs" with gamblers
Replace economists with investors
Replace risk taker with anyone
Replace inflation with deflation
Replace What a surprise with No surprise at all
The rest is about rightLiving for tomorrow might mean that you survive the day after.
It is always different this time. The only thing that is the same is the outcome.
Portfolios are like personalities - one that is balanced is usually preferable.
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Ark_Welder wrote: »Replace "entrepeneurs" with gamblers
Replace economists with investors
Replace risk taker with anyone
Replace inflation with deflation
Replace What a surprise with No surprise at all
The rest is about right
I'm not a gambler, but I would bet that it took you ages to get that post formatted just the way you wanted it.
Was it worth it?0
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