Brian Dunaway wrote: The financial press is awash in alarms such as this, and among these are claxons from well-respected conservative billionaire investors not formerly disposed to hyperbole. This is not your father’s financial crisis, or for that matter your grandfathers’, or your great, great … Here’s the money paragraph: “What would happen if there is an actual failure to deliver in the silver market? Mr. Gold says, ‘If that gets confirmed, then that one day you will see a huge spike, but markets won’t open after that. That will cascade. What will happen is all the COMEX contracts for both … Continue reading
The post Headed for a Derivative Meltdown appeared first on LewRockwell.
