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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (64529)	6/25/2006 5:11:24 AM
From: shades	Respond to of 110194

$429 trillion dollars 321gold.com ...Nothing exemplifies this better than the Bank for International Settlements most recent publication of the values of existing derivative contracts. Presently the total stands at $284 TRILLION as denominated in U.S. Dollars or Federal Reserve Notes. If that is not enough to make your stomach queasy, there is the following that should do the trick. Pay close attention to not only the notional dollar amounts, but also the time in which they occurred: the first quarter or 3 months of 2006. That means the yearly totals, if they continue at the same pace - would be4 times the total numbers indicated. That is a significant amount of money - even for paper fiat debt-money. "The pace of trading on the international derivatives exchanges quickened in the first quarter of 2006. Combined turnover measured in notional amounts of interest rate, equity index and currency contracts increased by one quarter to $429 trillion between January and March 2006 (Graph 4.1) The year-on-year rate of growth rose to 28%, after 23% in the previous quarter, which indicates that the expansion in activity went considerably beyond the seasonal acceleration usually recorded in the first quarter." "The increase in turnover was particularly strong in interest rate products (26%), as changing perceptions about the future course of monetary policy in the United States and Japan lifted activity in money market contracts in the dollar and yen." Keeping It In Perspective Kind of brings a new perspective to the word perspective, which if it sounds a bid odd - it should. As the saying goes: "those whom the gods wish to destroy, they first make mad." Comic books do not have stuff as bizarre as this in them. Truth is indeed stranger than fiction, especially in the 21 st Century New World Order. I mean just how much is $429 trillion dollars - are there that many grains of sand passing through the hour glass? The inordinate amount of such sums indicates how valueless a dollar has become. It is a tragedy unparalleled in history that will ultimately cause more suffering than any single war has. Its vibration will resonate across the ethers - requiring a balancing of huge proportions. Obviously from all of the above there can be no doubt that intervention within the markets has and does take place - and to obscene degrees. Dante may have to come up with another circle to house the usurpers of such perverted extremes. Man doth know no bounds - yet. ....Bond yields have been going up - not down. They have broken above significant resistance of a long-term nature. Perhaps it is a ploy - perhaps a misreading of the tea leaves. Time will tell. In my opinion the opponent is strong - but he shows his weakness by relying on $284 TRILLION DOLLARS of make believe money-values in make believe derivatives - derived there from. He adds to his weakness by employing them repeatedly, turning them over to the tune of $429 TRILLION every three months. ....So yes it is true that the opponent is strong, and yes he can conduct large and powerful operations to direct the markets - but outright control: no - it would run against not only natural law but cosmic law - against Destiny. Even the gods pay heed to Destiny - as they are Destiny's Child.