InTrade is not a “bookie”, and its traders are not “gamblers”.

- Economic forecasters do pay attention to InTrade.

- Most InTrade traders are US citizens, or, at least, US residents —not “foreigners”.

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I could go on. This post is riddled with inaccuracies.

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It is the kind of stuff that explains InTrade to morons surfacing from their Afghan caveas I told you 5 minutes ago. I’m fed up with that kind of superficial journalism. We all know what InTrade is. Let’s move on to real prediction market journalism.

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About Chris F. Masse

Founder and President of Midas Oracle
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