by Graham Summers
Gold Seek
The mainstream financial media likes to focus on stocks because:
1) The stories are a lot sexier than bonds or currencies
2) They make for better hype jobs than bonds or currencies
If your job is to sit in front of a camera selling the notion of getting rich from investing, you’re not going to talk about bonds or currencies (maybe the latter is of interest but only with insane amounts of leverage which usually bankrupts a trader in his or her first trade).
However, today stocks are in fact a very minor story. They are, in a sense, the investing equivalent of picking up pennies in front of a steamroller.
Continue Reading at GoldSeek.com…
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Gold Seek
The mainstream financial media likes to focus on stocks because:
1) The stories are a lot sexier than bonds or currencies
2) They make for better hype jobs than bonds or currencies
If your job is to sit in front of a camera selling the notion of getting rich from investing, you’re not going to talk about bonds or currencies (maybe the latter is of interest but only with insane amounts of leverage which usually bankrupts a trader in his or her first trade).
However, today stocks are in fact a very minor story. They are, in a sense, the investing equivalent of picking up pennies in front of a steamroller.
Continue Reading at GoldSeek.com…
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