Tag Archives: Mt. Gox

Free choice means mixed results

If in a certain sector of society free choices are severely curtailed, then many people will tend to forget the fact that free choice comes at a price. In such a case, they may well react with shock when witnessing the consequences of bad choices. Why? For the simple and understandable reason that they have little experience with the upside offered by good ones. Continue reading

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How To Goose A Market – 2013 Version

Is it possible for a market maker with very ample resources to convince the public to buy and hold something which has no intrinsic and only very limited transactional value? Yes – but it takes some skill… and is hard to sustain. Continue reading

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