The dot com bust was more of a consolidation of energies/ideas than a true bust.
Exactly. Nothing was lost, it just got more concentrated.
but there comes that why now question and how much of the buying has to do with fear on the part of the wealthy that traditional fall backs are just not going to cut it this time around.
I think so. It is just the beginning, but I believe people are starting to recognize that their money isn't safe in a low interest environment where governments print money. They can still benefit from the conditions, but they don't have to risk their own wealth by holding cash.
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