Can low oil prices cause derivative collapse?

Discussion in 'Markets & Economies' started by 1oz999, Dec 4, 2014.

  1. 1oz999

    1oz999 New Member

    Joined:
    Nov 1, 2014
    Messages:
    15
    Likes Received:
    0
    Trophy Points:
    0
    I found this article on InfoWars. It talks about something I haven't heard before from alternative media financial experts. The six largest "too big to fail" banks control $3.9 trillion in commodity derivatives contracts. And we all know oil is by far the most traded commodity, and its price has dropped significantly, and can go even lower. Which, in turn, makes Oil companies/investors claim their money from the derivatives. Can the mega collapse start from this?

    http://www.infowars.com/plummeting-...e-holding-trillions-in-commodity-derivatives/

    Let's discuss.
     
    1oz999, Dec 4, 2014
    #1
  2. boston

    boston Well-Known Member Silver Stacker

    Joined:
    Jul 7, 2009
    Messages:
    3,857
    Likes Received:
    24
    Trophy Points:
    48
    Location:
    Australia
    Yes. Anything is possible in this market.
     
    boston, Dec 4, 2014
    #2
  3. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    On a side note peak oil proponents predicted highly volatile whipsaw action and we got it... the whipsaw action that is
     
    thatguy, Dec 4, 2014
    #3

Share This Page