Showing posts with label Embry. Show all posts
Showing posts with label Embry. Show all posts
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Tuesday, August 6, 2013
Embry - We Have Never Seen Anything Like This In History
Embry describes counterparty risk in the excerpt I parsed out.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/6_Embry_-_We_Have_Never_Seen_Anything_Like_This_In_History.html
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/6_Embry_-_We_Have_Never_Seen_Anything_Like_This_In_History.html
If things become really unsettled and chaotic in the interest rate world, I promise you there will be massive winners and massive losers in the derivatives game. But the bottom line is the losers won’t be able to pay, so the winners can’t win. So I just don’t see this ending well.
Labels:
Embry,
gold,
history,
Never Seen,
silver
Monday, June 3, 2013
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