Articles related to derivative
 
FoFOA
All Paper is STILL a short position on gold 
The gold derivatives pyramid is a vigorous free market creature. It cannot be put down with a simple declaration that the paper is no longer redeemable in gold, as governments did with currency. It is a short selling scheme that has become a trap from which few short sellers will escape
Wednesday, April 17, 2019
Mark O'Byrne - gold.ie
A beginner's guide to investing in Gold 
One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?
Sunday, March 10, 2019
Robert Blumen - 24hgold
  Is Gold Money 
Is Gold Money ? Many would say so, but is it so ? The answer the question of whether Gold is money requires a definition
Sunday, November 25, 2018
Graham Summer - Gains Pains & Capital
Democratization of Money vs. Economic Feudalism
The Fed is the Market, Until Someone Bigger Comes Along..  UPDATE:This editorial was written  3 days ago in reaction to reading the Zerohedge post As Bitcoin Nears $10,000 "Central Banks Kept Up At Night" by Vince Lanci “Free markets for free men”- patch worn on the Nymex floor during Iraqi war.  The reality: We were cheerleaders for Halliburton and naively thought we were on the same team. Money that can’t cross borders freely for its citizenry is not a free market. There was a time before e
Monday, August 13, 2018
Graham Summer - Gains Pains & Capital
A Gift From The Oldies
By Chris at www.CapitalistExploits.at I bumped into a friendly bloke at my local gym last week. Jim is his name. Jim tells me he just started because, and I quote, "my doctor says I'm going to die unless I do something". Now, I assure you it doesn't take a doctor to figure this out. One glance in Jim's direction and you can tell that underneath all that weight there's a big struggling heart in there... just ready to explode. He was surprisingly frank and tells me it's so bad that he can o
Monday, August 13, 2018
Chris Powell - GATA
What are all those monetary metals derivatives held by a few big U.S. banks
GATA's and gold's old friend Larry Parks, executive director of the Foundation for the Advancement of Monetary Education (FAME, http://fame.org), calls attention tonight to the third-quarter 2017 report of the U.S. Comptroller of the Currency, which shows that just several government-insured U.S. banks hold $45 billion in derivative positions related to monetary metals. The chart disclosing these positions, appearing on Page 32 of the OCC report, is reproduced at GATA's internet site here: ht
Sunday, March 18, 2018
Egon von Greyerz - Matterhorn AM
DERIVATIVES – A RECIPE FOR DISASTER SYSTEMIC COLLAPSE
Gambling is according to Wikipedia the wagering of money (or something of value) on an event with an uncertain outcome. Three elements are required for gambling, Consideration, chance, and prize. Thus, you make a bet and if you are lucky you win a prize but you can also lose it all. Gambling has been around for thousands of years and maybe longer. The first 6-sided dice dates back 3000 years. Eventually gambling became more organised as casinos were established. The first well known casino was s
Thursday, March 15, 2018
Andy Hoffman - Miles Franklin
“Take a Pill” Thinking and Consequences
This article was written for Miles Franklin by Gary Christenson who advocates treating causes, not symptoms. Headache? Muscle ache? Back ache?  Take a pill! An over-the-counter pill will diminish the symptoms and pain. The consequences will come later. High cholesterol? Take a pill. There are other ways to reduce cholesterol but none that produce $ billions for Big Pharma. Consequences to your body and finances will manifest in other ways. High Blood Pressure? Take a pill. There are other means
Saturday, March 3, 2018
Chris Powell - GATA
FDIC sues 16 banks alleging LIBOR manipulation in Doral Bank collapse
A U.S. regulator on Tuesday filed a lawsuit against 16 U.S. and international banks alleging they had manipulated bbaLIBOR, which is a series of interest-rate benchmarks, leading to the collapse of Puerto Rico's Doral Bank. The Federal Deposit Insurance Corp., which brought the suit in its capacity as receiver for Doral Bank, alleged that the rate rigging harmed Doral by causing substantial losses with regard to its loan portfolio and derivative holdings. The suit is the latest in a long line of
Wednesday, February 21, 2018
Axel Merk - Merk Fund
This Time is Different. Really!
Axel Merk, Merk Investments February 13, 2018  Follow @AxelMerk Tweet “Don’t panic, buy the dip, who cares?” or “These are rumblings of an earthquake, people will be hurt like in 1929” - which one is it? I would call it a wake-up call. Let me explain: In recent years, markets had appeared eerily “safe”. Central banks promised to do “whatever it takes”, provided “forward guidance” to keep rates low, even printed money to
Tuesday, February 13, 2018
Ronan Manly - Bullion Star
What’s Happening (or Not) at the LBMA: Some Updates
This article is in 3 parts and covers a) upcoming trade reporting in the London gold market which is being led by the London Bullion Market Association (LBMA), b) the recent publication by the LBMA of a Guide to the London OTC precious metals markets, and c) an update on monthly vault reporting which the LBMA and the Bank of England launched in 2017. LBMA Trade Reporting The lack of trade reporting in the London gold market is possibly one of the biggest ommissions in global financial markets, s
Thursday, February 1, 2018
Jim Willie CB - Hat Trick Letter
Silver as a Strategic Metal and Why Prices Will Soar 
The arguments in favor of silver as an investment asset are growing rapidly. In the opinion of the Jackass, silver is the most under-valued hard asset in existence, with the highest potential for price appreciation on the globe. To begin with, central banks own no silver, but do own huge tracts of gold. Industry has huge demand for silver, but a trifling amount for gold demand. The investment demand is another key factor in favor of silver, but also for gold. Ever since the tech telecom bust in
Sunday, January 21, 2018
Mickey Fulp - Mercenary Geologist
  The 48-Year Record of Pt:Pd Ratios
A Monday Morning Musing from Mickey the Mercenary GeologistContact@MercenaryGeologist.comJanuary 15, 2018Price ratios determine relative value of the precious metals and are useful parameters in deciding which metal to buy at any given time.In previous musings, I documented the history of gold and silver prices and gold-silver ratios from the United States’ abandonment of the gold standard in August 1971 to present (Mercenary Musing, May 9, 2016) and followed with a similar treatment for platinu
Thursday, January 18, 2018
Dave Kranzler - Sprott Money
The Blockchain Name-Change Game And Securities Fraud - Dave Kranzler
The rape and pillage of the blockchain name-change game took on a whole new dimension with Kodak (KODK) this week. KODK was on the way to its second bankruptcy filing this decade (first one was January 2012). On January 9th it announced that it implement a “major blockchain initiative. This “initiative” would use digital ledgers to help photographers license and get paid for their work. The stock soared: Notwithstanding whether or not this “block chain initiative” will ever generate meaning
Tuesday, January 16, 2018
Andy Hoffman - Miles Franklin
The Bank Wouldn’t Accept My Cash
Dear Subscribers, I wanted to share a valuable experience with you that occurred to me yesterday at a prominent bank that has ‘America’ in it’s name. I went to make a deposit into a subcontractors account to pay for labor. As I normally do, I went to into the bank to pay him from my debit card via cash advance. I do not have an account with the said bank. I have all of his correspondence and filled out the deposit slip, and was informed that the transaction would not be accepted. The teller info
Friday, January 12, 2018
Keith Weiner - Monetary Metals
Quantum Change in Gold Demand Continues
Short-term interest rates have been relentlessly rising since the second half of 2015. For example, 3-month LIBOR was 0.28% in July of that year. It is now 1.7%. This is just a result of the Fed centrally planning our economy, managing our interest rate for us. Long-term rates have not moved. The 10-year Treasury yield in July 2015 was 2.5%. It is now … 2.5%. The direct result of this is to compress the profit margins of banks. Banks borrow short to lend long—they may borrow at LIBOR to buy 10-y
Tuesday, January 9, 2018
Mac Slavo - ShtfPlan
How To Get Bitcoin In Your Stock Portfolio
This report is an ADVERTISEMENT from Oilprice.com 2017 has undoubtedly been the year of bitcoin, breaking $1000 dollars on New Year’s Day before rocketing up to $15000 in early December. That’s a return of 1500 percent! And as market fascination grows, investors are beginning to understand the real secret behind bitcoin’s success – the blockchain. Blockchain is transforming markets with bitcoin, but that is only the beginning – it could soon change the world. To understand how, you must first u
Wednesday, December 20, 2017
Stewart Thomson - Graceland Update
Fiat On Fire: Key Investor Tactics
Are government, central banks, and fiat money the three biggest bubbles in the history of the world? I would suggest they are. The rise of private money (bitcoin) combined with the rise of China and India as economic empires is popping these bubbles. Against bitcoin, fiat is now burning like an out of control wildfire. Within a year or two, it could begin disintegrating against gold in a somewhat similar manner. Whether that happens or not depends on whether a blockchain currency backed with g
Tuesday, December 19, 2017
Bullion Vault
Spot Gold Nears 2-Week High as 'Fiscal Turkeys Vote for Christmas' in US Tax Bill, Bitcoin Slips 10
SPOT GOLD led the other precious metals up towards 2-week highs in London trade Tuesday before slipping back as global equities struggled to extend yesterday's fresh record highs in the US stock market. The Shanghai and Shenzen stock market closed 1.3% higher at new 2.5-year highs, but Tokyo fell and European equities held flat. German Bund yields ticked higher from last week's 6-mo
Tuesday, December 19, 2017
Michael Ballanger
  Cryptojunkies: Beware the Ides of December
It was two years ago this week that I proclaimed that we were witnessing the final lows in the 2011–2015 bear market in the precious metals as gold traded down to $1,045 amidst total capitulation by the Large Specs and after massive short-covering by the Commercial traders. The weekly COT for that week showed an aggregate short position of a miniscule 2,911 contracts down from the earlier highs of over 300,000 contracts. About six weeks later, despite the earlier bottom in gold, the HUI (NYSE Ar
Tuesday, December 12, 2017
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