Gold and Silver Juniors, Mid-tiers and Producers 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.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tyc:> who wrote (49096)	9/17/2007 10:38:21 AM
From: heinz44	Read Replies (1) of 78419

Spread the risk Al!! Keep in mind that over the counter derivatives generally have the following characteristics. Without regulation. Without listing on public exchanges. Without standards. Therefore not in the least bit transparent. Therefore without an open market of the bid/ask type. Dealt in by private treaty negotiations. Without a clearinghouse. Unfunded without financial guarantee of any kind. Functioning as contracts of specific performance. Financial character or ability to perform is totally dependent on the balance sheet of the loser in the arrangement. Evaluated by computer assumptions made by geek, non market experienced mathematicians who assume religiously that all markets return to their normal relationships regardless of disruptions. Now in the credit and default category alone considered by accepted authorities as totaling more than USD$20 trillion in notional value. Notional value becomes real value when the agreement is forced to find a real market for ending the obligation which is how one says sell it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next