[meteorite-list] Ad New Canadian Meteorite for sale

From: Darren Garrison <cynapse_at_meteoritecentral.com>
Date: Sun, 07 Dec 2008 13:09:49 -0500
Message-ID: <704oj49cu4a62cea104jov1etfo0jdm181_at_4ax.com>

On Sun, 7 Dec 2008 12:27:44 -0500, you wrote:

>I hear you, but it's not about the rich snobs, it's about economic
>forces brought to the table which will result in a more stable
>marketplace and increasing valuations---and that's good for all of
>us. Wouldn't it be great if there were market factors which limited
>the kinds of aberrations which have stung us all at one time or another?

If there is something that I want, I buy it to keep, not for some future resale
value. So if I pay, say, $50 a gram for something now, and a year from now, it
is selling for $5 a gram, that just means that I can now buy 10 times as much.
And if it falls to 50 cents a gram, I can buy 10 times as much again.

Here's the thing about my hobbies-- I don't expect to ever get back the money
that I put into them. As a computer hobbiest, I spent $40 per megabyte for the
first memory expansions I added to my PC ($160 for 4 MB). Last week, I spent
one penny per megabyte ($20 for 4096 MB). I not only am used to falling prices
on things (thus destruction of cash value of investments)-- I want it.
Received on Sun 07 Dec 2008 01:09:49 PM PST


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