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- - power of ETFs (http://goldismoney.info/forums/showthread.php?t=244518)

Nutflush | 03-08-2008 08:38 PM
power of ETFs Heres aquestion to someone who can punch numbers. Etfs are new kinda like a stock market. Where a person or company can buy a share and not really do much work after that. If the shares go up it is good if they go down it is bad. Heres what im wondering, If people keep making money off of ETFs why would they stop investing. Etfs are the best pyramid scam in the history of the world except they are not really a scam. As long as we continue to print money out of thin air then people can use that money to buy more shares. As long as their are punters lining up to buy shares the price of the shares will go up. Since more and more people are making money off these new ETFs it is safe to say they are only going to get more popular and thusthus increase the share price again. With Chinas US foriegn reserves at the trillion dollar level that alone is good enough to keep these ETFs alive for years.. Let alone Europe, India,, Malaysia, Middle East. These new ETFs may just be the best pyramid scam ever because we may never be able to get a surplus of gold again. No one in their right mind would cash out an investment making them 20 percent a year forever. And these ETFs just may end up doing that by creating a never ending deficit in all PMs.

Caligula | 03-08-2008 10:16 PM
Re: power of ETFs Exactly which ETFs are you speaking about?

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