SGT REPORT - DERIVATIVES PONZI COLLAPSING ! -- Bix Weir

Discussion in 'Silver' started by aleks, Feb 11, 2016.

  1. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    :eek:

    [youtube]http://www.youtube.com/watch?v=Zikt5JQYCFQ[/youtube]
     
  2. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    Don't worry, nothing will happen :D
     
  3. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne

    You guarantee that?
     
  4. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    Nothing will not happen.
     
  5. Aureus

    Aureus Active Member Silver Stacker

    Joined:
    Jul 7, 2011
    Messages:
    2,949
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Milky Way Galaxy
    I thought I saw the last of Bix 4 years ago.

    Nice bloke on the surface, but makes a living feeding BS to doomtards. Same with SGT for that matter.
     
  6. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
  7. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    Thx, forgot about that! :)
     
  8. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Agree.
    Didn't even have to open it to know it was rubbish - since when do derivatives fit the definition of Ponzi? :lol:
    Or is "Ponzi" the new generic term used by permatards to describe anything they can't understand?
     
  9. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,552
    Likes Received:
    977
    Trophy Points:
    113
    Location:
    New South Wales
    Sure, it'll hold up.....until it doesn't.
     
  10. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    Obviously. But given the expected outcome from the BS video, it's held up very well.
     
  11. barsenault

    barsenault Well-Known Member

    Joined:
    May 26, 2013
    Messages:
    3,645
    Likes Received:
    291
    Trophy Points:
    83
    Location:
    United States
    Totally agree Aureus. Not even tempted to listen to the doomer. He's been calling for 1000 an ounce silver for like a 100 years. He's a whacko. But they are trying really hard to will silver and gold to go up. Lol.
     
  12. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,552
    Likes Received:
    977
    Trophy Points:
    113
    Location:
    New South Wales
    I haven't watched the video yet. I might do so for entertainment purposes later today.

    But that doesn't mean I think there is no issues with the highly leveraged banks (including via derivative positions) and the nature of the debt structures in the economy. I don't think it is entirely invalid to call the current setup a Ponzi. It has a lot of similarities to a classical Ponzi scheme - the main one being :- Once confidence in the scheme is gone, the gig is up and lots of investors will lose a lot of money.
     

Share This Page