3 ms·

*Greed hits all time high (greedprice.org)

• fullshark 1y ago
  I thought gold being high is a "fear" indicator
  • jasonsb 1y ago
    [flagged]
    • kimixa 1y ago
      It's an indicator that they think they'll be able to feed more of their greed with $1 of gold than $1 of something else. Nothing fundamental about gold that links it to greed, just it's value and return. So yes, it tells you something more than "Amount Of Greed". And that may well be "Fear of losses (or even just reduced gains) in the market"
      • jasonsb 1y ago
        I never claimed gold is the fundamental indicator of greed. It's just one of many greed indicators. And greed is at all time high. Including gold.
    • davidw 1y ago
      'Greed!' as the answer to all questions is kind of lazy though. I hear this in housing politics: prices are high because of 'greed!'. Seems weird that people in San Francisco are so much greedier than people in Houston. I would take greedy as sort of a constant and try and think about why greedy people are having more or less success in a given place and time.
• missedthecue 1y ago
  When gold goes down is it generosity?