What Percentage of Derivatives are Commodities
Submitted by glassman on Fri, 05/04/2012 - 22:33in
Interesting conversation with someone about derivatives. Talked about the purpose of derivatives but mostly for commodities and he asked what percentage of derivatives are commodities. I don't know. Anyone know where I can find that percentage?
Thanks
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Maybe Jim Rogers?
Jim Rogers might know, he's a commodity bull. He's always talking about commodities lately, and how farmers will be driving lamborghinis in the next decade.
Derivatives
are so out of controll I don't know if anyone will know the answer to that.
9 largest US banks hold $228 trillion worth. $1.4 quadrillion worldwide.
You might like this. Doesn't answer your question, but it visualizes the derivative problem.
http://demonocracy.info/infographics/usa/derivatives/bank_ex...
Our constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.
John Adams
That is an excellent question...
and I would love to know. No one is talking about it, may Peter Schiff might know? Maybe Gerald Celenti might know? Would be nice if we all knew aye?