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


To: Real Man who wrote (33307)12/10/2010 7:35:11 PM
From: ggersh  Respond to of 71454
 
Agree, I think the pillaging is moving faster
than everyone thought, so many signs that the
Bernank is rapidly losing control! -ng-



To: Real Man who wrote (33307)12/12/2010 9:11:16 AM
From: carranza2  Read Replies (1) | Respond to of 71454
 
I think you would find this speech extremely interesting. A CFTC commissioner discussing HFT but takes a side road into new rules on position limits on precious metals which must be implemented next month. Given that the commissioner noted that one player had a 40% stake in silver futures, it seems [seems being the operative word] that some unwinding of PM positions must take place, esp. in silver.

Who knows what the 40% player has been doing, I don't know how to figure that out.

cftc.gov



To: Real Man who wrote (33307)12/12/2010 9:52:28 AM
From: ggersh  Respond to of 71454
 
It keeps getting worse!

nytimes.com

A Secretive Banking Elite Rules Trading in Derivatives

On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.

These men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.

Drawn from giants like JPMorgan Chase, Goldman Sachs and Morgan Stanley, the bankers form a powerful committee that helps oversee trading in derivatives, instruments which, like insurance, are used to hedge risk.