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It's the speculators! Where have I heard that before?


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Speculators?

speculators.

Speculators are a type of investor.

You mean, like speculators?

But those people are speculators looking to make a quick buck.

Who's hating on speculators?

Asian speculators .

I too am curious - are there speculators, cuz the price keeps a rising!

Exactly. The speculators are communicating useful information.

from speculators running up prices.

s/investors/speculators/g

s/investors/speculators/

a speculator is also (a certain type of) user.

Speculators are certainly homo economicus, for whatever it's worth :)

Yes of course, those evil speculators

I was immediately reminded of the same story. As far as I remember, speculators (who are important for a market, but should not dominate it) have been relatively recently allowed to dominate the market they speculate in. This led to them simply buying and buying, speculating on the rising prices the buying itself causes.

I think the issue is that we use different definitions of the word "speculator". How do you define it?

Are you sure it applies to speculators? Can you quote that part?

The same people who always take the losses - speculators. Some of them are the same people who bid the market up; some of them are people who foolishly bought at the top.
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