Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (101311)	6/22/2013 5:26:50 PM
From: John Pitera	1 Recommendation Recommended By Hawkmoon Read Replies (2) \| Respond to of 217588

Hi TJ, There have been very ominous and consistent bad signs coming from China for about the last 9 to 12 months now.... zerohedge has an excellent article that someone brought to my attention and the are attributing the massive slowdown in the copper industry copper imports from China as one of the primary ways that China was creating massive shadow banking liquidity... and now it's drying up.... The Big Banks that were writing the CDS swaps..... were selling "in essence" naked puts where the put no margin aside and beyond that it was an incredible wealth creation machine.... between 1996 and 20005 20 Trillion Dollars of Swaps were created and that was 20 Trillion in paper Money assets that were created..... I posted articles back in August of 2005 .... I was at working studying the Federal Reserves reports that come out of St. Louis and could not believe the tremendous 9 fold increase in the CDS Swap are ...where Interest rate and currency derivatives had stayed roughly the same according to the FED document I was reading. I'm going to see about getting together a whole slew of key articles from the past and stick where they can be read back to back to back.... and then easily located to read them again next month. John