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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.47-0.2%Dec 5 4:00 PM EST

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To: Riskmgmt who wrote (31251)3/18/2008 2:22:12 PM
From: stan_hughes  Read Replies (2) of 218194
 
"If BSC is indicative of the amount of leverage other financial institutions and brokers are using..."

"If"???? -- that's where they've been getting all their money for years now

Here's a read for you -- it should keep you busy for maybe an hour until you reach for the Sell button -- occ.treas.gov

The whole document should be read, but I would draw your special attention to the Tables at the back (page 21 onward).

If that doesn't turn your jockeys brown, nothing will -- it's just an enormously under-capitalized default waiting to happen at this point

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