sub prime victim basis yield alpha, page-9

Oh how history repeats and yet people ignore the obvious....property has already suffered, markets next????

"Continuing to have the banking system provide almost unlimited funds to the corrupt American financial system is the only reason the stock and real estate markets are at these high levels."

"Commodity prices both before and after the 1987 crash were therefore a strong indication that the crash problem was specific to the mechanics of the stock market, and not a general monetary or economic phenomena. In particular it was related to derivatives trading."

http://www.monetary.org/1987%20crash.html


sell gold!