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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (62465)1/4/2001 1:42:47 PM
From: Real Man  Read Replies (1) | Respond to of 116762
 
Gold will move BIG TIME when we see first signs of derivatives fireworks. And those will come, since you cannot use infinite leverage, even with good computer models.
JPM has 22.5 Trillion $ in derivatives, that's 2.5x the size of the US economy. Now tell me, how many years will it take for the Fed to bail them if things go wrong. Or WILL the Fed bail them?