I like the gravity metaphor, but would leave out any earth or moon. Only people floating around in space pulling towards each other.
There is no objective price that you are pulled towards; Only a heap of people, with their own subjective price positions, that can pull you back. The reason I like this metaphor is because you gravity pulls on both objects. Someone else needs to buy your collectibles, you pull that other person up, as he pulls you down. ... Very loose metaphor, whatever
Nonreflective thought:
I like the gravity metaphor, but would leave out any earth or moon. Only people floating around in space pulling towards each other.
There is no objective price that you are pulled towards; Only a heap of people, with their own subjective price positions, that can pull you back. The reason I like this metaphor is because you gravity pulls on both objects. Someone else needs to buy your collectibles, you pull that other person up, as he pulls you down. ... Very loose metaphor, whatever
The bungee metaphor implies that in the end the asset has a true value at which the price would rest if it weren't buffeted about.
I find that metaphors have a very short lifespan when talking about money, so I try to use them in a very limited way, before moving on to the next.