Collapse of the Futures Markets - endgame for the financial system?
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I'd like to probe your mind for a forecast of silver price before and after the futures market collapse and dollar collapse. And whether the futures market will collapse first or dollar or both at the same time. And if the collapse of the futures market will push the paper spot price down, then it'd be a gamble to wait for that timing before ordering from the bullion dealer for physical.
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@alstar70 I am not in the business, but I am smart enough to understand when things are seriously awry.
For some reason, - I am as worried about this MF Global collapse/scam, as i was in 9/2008.
I believe it could be - as the bible says - a cloud on the horizon as small as a mans fist.
Seems small, yet my gut says it will grow - just the start of problems
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I read Ann Berhardt's blog today and it's quite sobering
macpduff 3 months ago
@macpduff Yes she writes an very well worded blog and that's from someone in the business.
alstar70 3 months ago