Wall Street Casino; Do You Feel Lucky? Financial Derivatives BOMB

• ITM Trading Streamed live 10 hours ago
  Link to slides and supporting sources: https://www.itmtrading.com/blog/hidde…
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  When derivative bets on mortgages failed in 2007 and 2008, we all learned who was “Too Big to Fail” as Banks were bailed out on the backs of the taxpaying public. We’re told that the banks and financial system is so much safer and more resilient and that the problems that created “The Great Recession” have been fixed. Is that true? We know that the TBTF banks are now a lot bigger, but is the system really safer? Why Does This Matter to Me? Because the global reflation trade created by the central banker’s old tools (interest rates and debt) appear to be used up and the size of the derivative market has exploded making the entire global financial system one big casino with bankers making these bets, which are secured by YOUR wealth. When it gets too expensive to keep things floating, credit will dry up. That’s what happened with the derivative market in 2008. So I ask you, do you feel lucky? I do, because I have physical gold and silver in my possession and that’s a sure bet.

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