While the political implications are obvious,, strange happenings in markets while they tumble are not being adressed outside the financial community. Gold,, silver,, and recently Palladium, and other commodities aren't acting how they should at the right time as markets tank and oil prices rise. This could be an issue with long-held notional paper (fake metal is what I call it), but then t-bills and such should show the difference.
My point is: I don't know how pensions can handle this. The year is almost over and all profit has been mopped up off the trading table. Working folks are throwing their future-money down a well at this point.
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thelma ago
You know you can make a shit-load of $$$ during an economic downturn ?
Gringojones ago
Who can? I don't have that kind of money to make those deals.
WhyNoDonuts ago
Yeah, It's not like I can walk into a financial planning office and ask to buy a bunch of derivative trades. I could look into shares of mostly hedge funds that did it if I had $50K or $100K chunks oof cash to drop, but it takes some money and know-how that the average person doesn't have.
But you know it's technically possible,, right? ;-)