@Exised
It’s the derivative counter party risk contagion regarding Lehman in an off balance sheet exposure that was the problem. Imagine if Deutche was left to collapse like Lehman. Trillions of $ of hedging counter party unable to collect that can reverberate through the derivative market.
@gold 5000
Nothing against anyone buying gold bars but a few have been indulging in Armageddon prepping, speculating on USD & market meltdown to worthless valuation that is courting mockery. This is the mindset I’m avoiding any discussions especially since no market indicators are pointing that way. Remember 2015 7 year Schmitah and market collapse? Predictions and believing the BS by gold bar sellers gives me the sheets.
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