[meteorite-list] Tangible assets

Darren Garrison cynapse at charter.net
Mon Oct 13 02:01:57 EDT 2008


On Mon, 13 Oct 2008 00:48:12 -0500, you wrote:

>
>As rare as they are, the intrinsic value is only as great as the number of people that place a great esoteric value in them. That number dwindles when mortgages and savings crash. 
>

Reminds me of an article on the stock market from yesterday:

http://www.foxnews.com/story/0,2933,436435,00.html

"It's in people's minds," Shiller explains. "We're just recording a measure of
what people think the stock market is worth. What the people who are willing to
trade today — who are very, very few people — are actually trading at. So we're
just extrapolating that and thinking, well, maybe that's what everyone thinks
it's worth."

Works the same way for meteorites, I'd say.



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