I am glad to be able to read the folks on this forum.

Here is some info on derivatives. In August, there were over 100 trillion derivatives. 50 tillion in interest rate derivitives. That was then, the number is going but no doubt, and quickly as the American fed and the gold banks try to help themselves out of thier situations.

If gold goes up, and/or the dollar goes down, and then of course interest rates will have to go up, what happens to the delicately balanced 50 trillion in interest rate derivitives? Can anyone talk about derivitives for us?

-- bill (bburke@rocketmail.com), October 15, 1999

Answers

Can someone say where is the smart place to be when interest rates are going to be heading up. Gold yes, but what else.

-- L.Curve (learningcurve@yourdonforum.edu), October 15, 1999.