It's been fun learning this new language lately:
algorithmic trading; short swaps; naked short swaps; derivatives; credit default swaps; fractional reserve banking; site accounts; gold/silver ratio; arbitrage; backwardisation; position limits; high frequency trading (HFT); over the counter (OTC); BIS; COMEX; CFDC; LBMA; and not forgetting: market manipulation!
BTW, there is apparently supposed to be 8000 tonnes of gold in Fort Knox, USA, and 3000 tonnes of gold held by China. Word on the street is that China are trying to take delivery of physical by shorting the market and therefore keeping the prices down, until all the physical (actual) silver and gold is gone, then the prices will rocket.
Tuesday, January 18, 2011
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