You'd be an idiot to sell at that price right now, but these dealers have to keep the cash flowing.
The light that burns twice as bright, burns half as long. - Dr. Eldon Tyrell
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner. My Man Godfrey (1936)
There is something called a Minsky Moment. Very famous. It is 'when you sell the Good Stuff to pay for the Bad Stuff.' Translation: A man took out a lot of margin on a stock that just tanked so he is now forced to sell gold coins.
I'm not feeling the need to pay $200/oz premium to anyone.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
You're both correct, but it was used first in engineering according to the wiki.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
I don't know; I'd never seen nor heard it in any context, but it is rather self-explanatory.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
In the movie Avatar, Earth's military forces were tasked with securing access to the extremely unobtainable "unobtainium", minable sources of which were located in the very sacred land controlled by the, well, Avatarians or whatever they were called.
Numerous political parallels aside, it is a good movie IMO.