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30 Dec., 2009
Dear Trace, Thanks for your last post on confiscation. I remain wary, however.
Could you post some thoughts on PM stocks and solvency of brokers. I note you only seem long on physical.
Regards, Al Cox
Comment by Alfred B. Cox — December 30, 2009 @ 10:59 am
How is it possible for jp morgan bank to have on leverage over $30 trillion in derivatives, when the toal value of all plant and equipment including private real estate is only valued at near $22 trillion?
Comment by Mr Elbie Johnson — December 30, 2009 @ 11:08 am
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30 Dec., 2009
Dear Trace,
Thanks for your last post on confiscation. I remain wary, however.
Could you post some thoughts on PM stocks and solvency of brokers. I note you only seem long on physical.
Regards, Al Cox
Comment by Alfred B. Cox — December 30, 2009 @ 10:59 am
How is it possible for jp morgan bank to have on leverage over $30
trillion in derivatives, when the toal value of all plant and equipment including private real estate is only valued at near $22
trillion?
Comment by Mr Elbie Johnson — December 30, 2009 @ 11:08 am