Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (22905)	8/20/2002 1:37:20 PM
From: Snowshoe	Read Replies (2) of 74559

More recently, Barrick seems to have entered into contracts that allow it to defer delivery for 15 years. We don't know this for sure, but we do know that the total U.S. notional derivatives position of U.S. banks and trusts exceeds a staggering $44 trillion (GDP is $10.2 trillion) and that JP Morgan Chase controls over $26 trillion, or close to 60%, of that market with assets that only amount to 13% of total U.S. banking assets! Come on Jay, what is this "seems to have" crap? Is it true or isn't it? Why do these guys keep spouting these flaky insinuations without giving any definite information?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next