Agoracom: Small Cap Investment - Noront Resources - Re: Still no Market Bottom in sight, why? ...our abortion of a market system is

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Still no Market Bottom in sight, why?

LTGoldBull2

Nov 20, 2008 03:16PM

Re: Still no Market Bottom in sight, why?

Sum4All

Nov 20, 2008 03:56PM

Re: Still no Market Bottom in sight, why?

tau

Nov 20, 2008 04:32PM

Re: Still no Market Bottom in sight, why?

khareema

Nov 20, 2008 04:47PM

yellowknifer

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Re: Still no Market Bottom in sight, why? ...our abortion of a market system is

in response to

Re: Still no Market Bottom in sight, why?

khareema

posted on Nov 20, 2008 10:55PM

shorting and the entire futures market, dirivatives, hedging and so on ... should not have been allowed to evolve over the past many decades.

the 'big board' in NYC was created in the spirit of public companies and a free market and capitalist way of democratic life for the purposes of investment and economic growth through to main street (not just wall street or bay st)

that was all well and good.

unfortunately, it slowly turned into an abortion of something else, giving way to all kinds of fancy trading mechanisms, which primarily serve only the very rich and privaliged few on the inside.

the melt down today is the result of a deteriorating and obscene market system of trading (...falsley called the 'investment market') which has been slowly getting worse over almost a century.