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<p>[QUOTE="medoraman, post: 1583084, member: 26302"]I understand sir. Btw, I do not see where I said "traditional investors", but whatever. My point was you can "skim profits" all they want, but if fundamentals are changing, demand or supply are changing, they can be spitting into the wind. Algorithm trading is essentially lightning fast technical trading. This is fine and dandy, and do not begrudge those who wish to use it, but is meaningless versus big picture long term price movements. That was my only point, and as a part of it I believe the "shoeshine boy" analogy is still fitting today. </p><p><br /></p><p>Believe me, I hate front running and all of the other abuses as much as anyone. I am VERY leery of the "tax" however. I would ONLY support such a thing if all of the money only went to the exchange. I never trust any politician's excuse for new taxes. They are always just that, excuses. Money is what they want, and they will tell you any lie they can come up with to get you to agree to them.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1583084, member: 26302"]I understand sir. Btw, I do not see where I said "traditional investors", but whatever. My point was you can "skim profits" all they want, but if fundamentals are changing, demand or supply are changing, they can be spitting into the wind. Algorithm trading is essentially lightning fast technical trading. This is fine and dandy, and do not begrudge those who wish to use it, but is meaningless versus big picture long term price movements. That was my only point, and as a part of it I believe the "shoeshine boy" analogy is still fitting today. Believe me, I hate front running and all of the other abuses as much as anyone. I am VERY leery of the "tax" however. I would ONLY support such a thing if all of the money only went to the exchange. I never trust any politician's excuse for new taxes. They are always just that, excuses. Money is what they want, and they will tell you any lie they can come up with to get you to agree to them.[/QUOTE]
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Gold or Silver prices, what will make the prices go up?? Did we top out already?
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