Doubtful speculation, but entertaining....
TeamReaper @Godlike Productions
We all know what was announced Sept 10th, 2001. Rumsfeld announces
that the DoD could not account for $2,000,000,000,000 (two trillion).
Ask yourself this: How many news stories were there about this 2 day
later?
Everybody here knows that the derivative markets are a financial time bomb. As of December 2011, banks had a notional value of derivatives on thier books that equaled:
$647,762,000,000,000, but the market value of these are only $27,285,000,000,000. Thats roughly 23.75 times more than the market value. [link to www.google.com]
Of the totals above, FX contracts are $63.349 trillion to $2.555 trillion (notional to market value). thats 24.8 times more than the market value.
Interest rate contracts are $504.098 trillion to $20.001 trillion or 25.2 times market value.
Everybody expects JP Morgan to be selling this week after Dimon's announcement. The G8 is at the end of the week also, look for a not so good announcement from them also.
Now, everybody knows that futures and derivatives are traded at the CME Group (Chicago Mercantile Exchange). Note: Some are traded at the CBOT, but those were moved the the CME's system. Becuase of houw much is traded here, Chicago is considered to be one of the top financial cities in the world (look it up if you dont believe so).
The Federal governemnt has implemented a red zone (a no go zone) around the federal buildings in Chicago for the Nato Summit. As serveral new stories state, the red zone includes the "Chicago Financial District." So the protestors can get to the border of the red zone, but the cannot get into it.
Well here is the interesting part, the CME (Chicago Mercantile Exchange) is NOT in the red zone, either is the Willis Tower for that matter. But, both are right next to it. So all of the protestors that cannot get into the red zone will basically be surrounding the CME as they "try" to get to the red zone.
If something happens (God forbid) at the NATO Summit to the CME, it will be as if whatever happens there this week will untraceable...just as on September 12th, the "lost $2 trillion" from the DoD became untraceable. Certain large players who today have trillions of outstanding derivative contracts will emerge from this smelling like a rose.
Also, the NATO committee just switched insurance brokers too: [link to www.google.com]
stating "The action reflected the difficulties in finding affordable insurance for large-scale events that could result in riots and mass arrests"
Here is a map of the red zone, look whats not inside it:
Everybody here knows that the derivative markets are a financial time bomb. As of December 2011, banks had a notional value of derivatives on thier books that equaled:
$647,762,000,000,000, but the market value of these are only $27,285,000,000,000. Thats roughly 23.75 times more than the market value. [link to www.google.com]
Of the totals above, FX contracts are $63.349 trillion to $2.555 trillion (notional to market value). thats 24.8 times more than the market value.
Interest rate contracts are $504.098 trillion to $20.001 trillion or 25.2 times market value.
Everybody expects JP Morgan to be selling this week after Dimon's announcement. The G8 is at the end of the week also, look for a not so good announcement from them also.
Now, everybody knows that futures and derivatives are traded at the CME Group (Chicago Mercantile Exchange). Note: Some are traded at the CBOT, but those were moved the the CME's system. Becuase of houw much is traded here, Chicago is considered to be one of the top financial cities in the world (look it up if you dont believe so).
The Federal governemnt has implemented a red zone (a no go zone) around the federal buildings in Chicago for the Nato Summit. As serveral new stories state, the red zone includes the "Chicago Financial District." So the protestors can get to the border of the red zone, but the cannot get into it.
Well here is the interesting part, the CME (Chicago Mercantile Exchange) is NOT in the red zone, either is the Willis Tower for that matter. But, both are right next to it. So all of the protestors that cannot get into the red zone will basically be surrounding the CME as they "try" to get to the red zone.
If something happens (God forbid) at the NATO Summit to the CME, it will be as if whatever happens there this week will untraceable...just as on September 12th, the "lost $2 trillion" from the DoD became untraceable. Certain large players who today have trillions of outstanding derivative contracts will emerge from this smelling like a rose.
Also, the NATO committee just switched insurance brokers too: [link to www.google.com]
stating "The action reflected the difficulties in finding affordable insurance for large-scale events that could result in riots and mass arrests"
Here is a map of the red zone, look whats not inside it:
Pay attention to any big announcements this week or after the G8 about huge derivative losses...
Last Edited by TeamReaper on 05/14/2012 01:29 PM
