Indeed, one of the motivations for speculation has been the continuous (electronic) printing of money by the US and other governments (combined with massive infrastructure projects by China), leading many investors to logically-if-naively believe that commodity prices (especially gold) would follow "real" money. The problem is that all commodities are actually produced and consumed and speculation simply causes disproportionate production followed by a crash.
And, of course, there are a number of ways to do speculation in a bear market but altogether, more money is going to be made in a bull market.
Even more, since the money coming out of quantitative easing isn't going into consumer goods (that much), it has to go into speculation and it thus seems likely the various kinds of market imbalances will or get worse.
And, of course, there are a number of ways to do speculation in a bear market but altogether, more money is going to be made in a bull market.
Even more, since the money coming out of quantitative easing isn't going into consumer goods (that much), it has to go into speculation and it thus seems likely the various kinds of market imbalances will or get worse.