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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (12668)10/8/2008 4:46:30 PM
From: Real Man1 Recommendation  Read Replies (1) of 71475
 
We are in derivative meltdown mode, with dealers probably many
Trillions underwater, as counterparty detonations and
bankruptcies cascade through the global financial system right
now. They need to bounce these stock markets to keep the leftover
pack of the big boys (big gamblers) alive, but these derivative
markets are bigger than the Fed, and have a natural
tendency to enhance the crash at this point. They will not stop at anything,
including closing the options/futures markets, leaving 1
contract for themselves to jam. Somehow I think this will be
the next step?

The main problem is the level of volatility. The losses for
the options dealers are likely huge, and they can't jam the
markets anymore cause sources of liquidity are shut down
and they are under water. Currencies are no better, volatility
there is enormous.

Whether or not we can come out of this without the derivative
Ponzi scheme completely imploding within days is a good question.
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