I read the 10k for Bac. Looks like the total derivatives portfolio is 200 times stock holder equity. They've assigned what looks like a .11% credit risk for the derivatives- 30 mill to cover 27 billion.
Assent Anvil is a good stable fast platform. My ping time to Nsdq and Arca about 280 ms. Assent pays 4.5% on cash balances if you are retail. But the downside is a somewhat limited short list in my opinion.
Just curious.
I was wondering just where in time the Fed totally abandoned its original mandate of protecting the value of dollar and curbing inflation to one of attempting to micromanage the economy.
Probably when Paul Volcker left office.
$Cost. Thanks much for the VV screens.
In part 2 could you explain if you use the Buy, Sell, Hold recommendations. In the example, if buying when VV said hold, and selling when VV said buy, there would have been a profit.
Thank you.
I'm definitely considering Euro Pacific. But the management fee seems steep.
Have you considered trading some of your portfolio directly through someone like Interactive Brokers?
Are your foreign investments Sipc insured with Euro Pac?
Thanks
Thanks for the posts Guys. This is a really excellent thread.
Just started reading Peter Schiff's new book, "Crash Proof". Somewhat of a misleading title in that he's not espousing doom and gloom or necessarily a Crash. But gives sound economic reasons why dollar based assets cannot escape a...
Silk, Do you have a link for the number of foreclosures at 1.5 mil? Somewhere I saw another estimate at 530k. Be an interesting read if you can find a link.
Thanks
I believe the Op and congratulations.
Thinking this might be a potential opportunity, I inquired regarding foreclosure sales from a local real estate attorney. He mainly represented lenders in the foreclosure process. However I came away from the attorney's office less than enthusiastic...
Say Blast,
Who eventually ends up holding the final paper on the subprime and Alt-A paper? Like Gnma and Fnmae mortgages are typically sold to end investors, who's holding this stuff?
Would you happen to know if Cfc is on the hook for recourse in case of default?
Interesting. Thanks for the post. The above is probably a regional thing.
The national foreclosure service listing Reo properties which I subscribe to, is showing substantially more inventory coming on the market in my area of interest, Nv, Wy, Mt, and northern Az. But no great weakening of...
How many more surprises in store? Hard for the investor to get a good handle on the derivatives risk- when you only learn the facts when filed with the Sec.
Interesting side note: Was reading Bac 10K financial this weekend. Looks like the total derivatives portfolio is 200 times stock holder...
Yes, I've considered that and it's been successful in the past. But the regionals have not pulled back as much as the bigger banks just yet. Maybe they will shortly?
However, these regionals seem to follow the lead of the bigger banks. Namely if the derivative exposure causes a problem in the...