Gold Capped: The downside of hoarding

Reader Comments (Page 1 of 1)

12-16-2010 @ 4:21PM

thebl4ckd0g said...

I hoard simply b/c I refuse to pay other people the ridiculous prices they are currently charging. Plus the prices will go down, and I'm not THAT lazy.

12-16-2010 @ 4:37PM

wow said...

The prices aren't ridiculous, they are simply a product of supply vs demand.

Demand is huge right now, and supply is hugely low, so prices shoot up.

12-16-2010 @ 4:40PM

Pfooti said...

Why don't you sell your goods at those ridiculous prices and hoard gold pieces instead?

12-16-2010 @ 6:00PM

I... you... ugh, this article is trying to help people like you. If you sell now, *YOU* ARE GETTING PAID THOSE RIDICULOUS PRICES. If you buy the same goods back again later, YOU *WON'T BE PAYING* THOSE RIDICULOUS PRICES.

It has nothing to do with being lazy. It's free money.

Is this just a lost cause for those who don't already get it? o_O

12-17-2010 @ 9:14AM

IrrelevantMoralizing said...

This is the *entire* point of the article. Sell the mats now while you can make a killing, then buy back in later when the prices are sane. Perhaps you're new to the concept of shorting.

http://en.wikipedia.org/wiki/Short_%28finance%29

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