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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (21887)8/9/2009 9:17:42 AM
From: Aloysius Q. Finnegan  Read Replies (1) | Respond to of 71456
 
"That's notional amount. The real amount was 30 Trillion
in highly leveraged bilaterial contracts as of December 2008."

Can you explain this to me? Which is it ... 30 trillion or a quadrillion? Does the 1000 trillion indicated by the BIS really tell you anything if 970 trillion are both sides of a trade that cancel each other out?

TIA



To: Real Man who wrote (21887)8/9/2009 9:32:47 AM
From: orkrious  Respond to of 71456
 
However, my prediction is based
on not BDI, but, rather, TED spread, which made a new low
and indicates the financial crisis has passed. Of course,
it signaled that last October, but stocks bottomed in March.


Not gold stocks. They bottomed in October.