Recent content by aradiel

So a bank represents a counter-party risk but a insurance company does not? How is that? :confused:

And the gold value is backed by what? And why it is more volatile than the SPY itself?

Well, could you point me a reason why investing in gold is a safer investment than, lets say, going long on some SPYs?

What event has a higher chance of happening: a) the default of a major bank upon its clients cash accounts b) you having your property stolen ?

Because...?

Ok, going long gold futures is safer than dealing yayo, I'll give you that :D Also, who really keeps cash under the mattress? Isnt it just an urban legend?

No dividends, no interest payments; apart from a marginal industrial use, gold is all extrinsic value, which can come and go like that. I am not going to enter into the merit of investing in gold, if it is good or not right now, but according to what I've been reading, what most don't...

The EU is fine, they still have a lot of more printing to do until the euro trades at parity with the dollar. What you guys need to understand is that since the gold standard was abolished, every dollar, every currency is "made out of thin air". And every country in the book has more wealth...

oh he used the "third world" card... banana republic wouldnt be original as well but at least it would be way more funny! bitches keep bitching...

go bitch somewhere else, bitch.

CCs have a carry cost, short puts not and there are differences between extrinsic value recieved by the two. That is a very relevant difference, specially to the retail investor, who wont be able figure or execute the oportunity cost play properly.

Bull market, bear market, range bound market, the only scenario where puts trade with more extrinsic value than calls (considering no dividends in play) with the same strike is in an economy with negative interest rates.

Ok, I will add "ceteris paribus" in the end of each post of mine...:D