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

To: Robin Plunder who wrote (101636)	6/26/2013 8:59:56 PM
From: bart13	Read Replies (3) \| Respond to of 219578

Copper is down almost 20% since January, which is not exactly forecasting a robust world gdp. And from my blog on Monday: Counterparty risk: considering that interest rate based derivatives are about 80% of total derivatives ($223 trillion total in the US, $639 trillion total in the world) and the recent huge jump in various interest rates, the possibility of a repeat of a 2008 type crisis is not tiny. I remain pessimistic, and oddly enough the oil price is one of the very few commodities that shows some economic optimism.