[quote=harvey][quote=CA renter]
You seem to be missing the point, pri. These speculators are always trying to get in front of the market, going up and down. They are, more often than not, the cause of booms, bubbles, and busts. Totally unproductive, and very damaging.[/quote]
You’re right.
Speculators are a secret club that controls the price of everything.
The actually have a secret lair with a big dial that they turn to raise and lower prices.
All they have to do is turn the dial and prices change.
Most turns of the dial are accompanied by an evil laugh.[/quote]
You’re naive if you think that speculators don’t control markets. And some of that does involve conspiring with and against other speculators. That is a fact.
