An interesting web site with much data and many charts, with one particular example: Gold to Oil Ratio Historical Chart
Monday, December 22. 2014
Macro Economics
NWO: New World Order
When reading about the Precious Metals, one can end up in the strangest places. One learns that the world is very interconnected. Underlying cause is not known for very visible effects.
A link to Comex Institutes Trading Collars For Precious Metals started my hop skip jump around. In simple terms, the CME expects higher volatility in the precious metals markets, particularly for gold and silver. For reasons yet unknown. The collars go in on Monday.
Derivatives and mass financial destruction talks about a worry that one or more G-SIBS (globally significant important banks) may fail. G-SIBS are counter-parties to a large fraction of $691 trillion gross nominal value in derivatives (about 9 times the global GDP). If there is instability in a major commodity market, say energy, and this instability vibrates through to other sectors via currency, credit or equity markets, insolvency may threaten G-SIBS via their lending and derivatives exposures. Various 'circuit breakers' are being enacted, with liability ultimately being transferred to government institutions. Continue reading "NWO: New World Order" »