[meteorite-list] Tangible assets
From: Don Rawlings <psc2410xi_at_meteoritecentral.com>
Date: Mon, 13 Oct 2008 06:32:05 -0700 (PDT)
I guess I will consider the source on that one. FAUX newz?
--- On Mon, 10/13/08, Darren Garrison <cynapse at charter.net> wrote:
> From: Darren Garrison <cynapse at charter.net>
> Subject: Re: [meteorite-list] Tangible assets
> To: meteorite-list at meteoritecentral.com
> Date: Monday, October 13, 2008, 2:01 AM
> On Mon, 13 Oct 2008 00:48:12 -0500, you wrote:
> >As rare as they are, the intrinsic value is only as
> great as the number of people that place a great esoteric
> value in them. That number dwindles when mortgages and
> savings crash.
> Reminds me of an article on the stock market from
> "It's in people's minds," Shiller
> explains. "We're just recording a measure of
> what people think the stock market is worth. What the
> people who are willing to
> trade today ? who are very, very few people ? are
> actually trading at. So we're
> just extrapolating that and thinking, well, maybe
> that's what everyone thinks
> it's worth."
> Works the same way for meteorites, I'd say.
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Received on Mon 13 Oct 2008 09:32:05 AM PDT