I’ve been right thusfar, and unfortunately? I wish (and pray) I am wrong about this one. But I see a new Depression as unavoidable.
I used to hear comments that the derivatives no-show hole was at least 45 trillion large. I found that difficult to believe. Why? Because trust was still within the system. That trust is fast disappearing. Since the proper steps have not been taken (It’s day 505)? I have no choice but to believe that the hole really is that big, and that’s why they don’t wish to create the derivatives exchange.
Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

















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