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<p>[QUOTE="fatima, post: 1352908, member: 22143"]No it's not the same. You completely didn't consider, which I mentioned, the outright corruption that surrounds all of the reporting, risk taking, governmental interference, fraud, lack of regulation that surrounds the financial system including any stock traded on it. When a person can no longer judge investment risk because the system can no longer be trusted, and furthermore, the government now socializes business failure, then there is no point in investing in stocks. How can anyone trust earnings, rating agencies, etc? MF Global was trusted, completely, until it wasn't. If that wasn't bad enough, here we are almost 5 months later and nobody has been brought up to answer for it. </p><p><br /></p><p>There is no longer any way to judge any number published by any company listed on the US Stock market. They are all fine companies until they aren't. This is the point. Until these issues are clearly addressed by the political and criminal justice systems then stocks are never going to preform as they did in the past because we no longer have the stock market as we did in the past. </p><p><br /></p><p>This is of course, why people are moving to Gold and other assets that don't require it.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1352908, member: 22143"]No it's not the same. You completely didn't consider, which I mentioned, the outright corruption that surrounds all of the reporting, risk taking, governmental interference, fraud, lack of regulation that surrounds the financial system including any stock traded on it. When a person can no longer judge investment risk because the system can no longer be trusted, and furthermore, the government now socializes business failure, then there is no point in investing in stocks. How can anyone trust earnings, rating agencies, etc? MF Global was trusted, completely, until it wasn't. If that wasn't bad enough, here we are almost 5 months later and nobody has been brought up to answer for it. There is no longer any way to judge any number published by any company listed on the US Stock market. They are all fine companies until they aren't. This is the point. Until these issues are clearly addressed by the political and criminal justice systems then stocks are never going to preform as they did in the past because we no longer have the stock market as we did in the past. This is of course, why people are moving to Gold and other assets that don't require it.[/QUOTE]
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