[meteorite-list] Futures Market for Meteorites?

From: Michael Gilmer <michael_w_gilmer_at_meteoritecentral.com>
Date: Wed, 9 Apr 2008 08:54:44 -0700 (PDT)
Message-ID: <269661.19931.qm_at_web58409.mail.re3.yahoo.com>

> Wouldn't it be interesting if there was a futures
market
> for meteorites? That would add some price
stability...

Heck no. No offense. But look at the stellar example
that Wall Street provides - do we really want to model
the meteorite market after a group of speculators
whose ranks are swollen with people whose sole
motivation is profit before integrity? As long as
indictments are
being handed down a weekly basis to Wall Street major
players, I'd recommend we keep meteorites far away
from
profiteers in 3-piece suits whose sole interest is in
the mighty dollar and not the magic of holding a space
rock.

While I agree that meteorites needs more consistency
in
their trade and pricing - modeling the market after
Wall Street is not a good idea, IMO.

Regards,

MikeG

[/high horse] ;)


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Received on Wed 09 Apr 2008 11:54:44 AM PDT


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