Derivatives Are at the Heart of the Repo Market Problems.

8개월 전

#steemleo

In this report, I cover the early market action from London on Thursday, November 7th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.

Today I look at the derivatives and repo market and how they are intertwined. In my opinion, the recent problems in the repo market are a sign that leverage in the derivatives market is out of control.

I will go over the different kinds of derivatives and why derivatives have become so important for the financial system as this market is used to maintain a false demand for all the credit that has been created out of thin air since the closing of the gold window by President Nixon back in 1971.

My conclusion is that it will be the derivatives market that will bring down the house of cards as it is what keeps the house of cards intact for now.

https://d.tube/v/maneco64/hKt83AE_MSw

OCC.gov quarterly derivatives report: https://www.occ.gov/publications-and-...

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

Support the channel:

https://www.paypal.me/maneco64
https://www.patreon.com/user?u=3730528

BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
DASH: XhxxKD8YHjAdE3hYG7AuCw4EwUrCjZWqGK
BAT Currency: Uphold a/c name maneco

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

Thanks again, Maneco64. Thanks for explaining this derivative and repo market casino. Interesting but not for me. At least I have a little understanding of how a casino operates. I'll stay with black-jack, cryptos, and .999 Silver.