Ça me rappelle un article lu sur le blog de Pierre J. (qui date un peu) :
POUR COMPRENDRE BLYTHE MASTERS ET CE QUE VA LUI COUTER L'ARGENT METAL
du 14 au 17 mars 2011 : Nos fidèles lecteurs qui suivent les aventures de Blythe avec l'argent métal vont adorer cette page du
Metals Report. Attention, lisez-bien et vous verrez que Blythe et sa banque sont pris au piège de leurs propres crédits dérivés émis sur l'argent... métal. Ouups:
JPM's current short silver position is estimated to be approximately 150 million ounces, down from the recent 180 million ounces in August. The losses from these positions are easy to figure out. For every $10 rise in the price of silver, JPM will lose $1.5 billion. But what I have recently discovered is that through its derivative positions, JPM will lose about 5 times that amount ounce the price of silver is above $36. And ounce silver is above $45 dollars, JPM's losses will increase to 8 times the amount of losses in their short positions. The reason is that as the price of silver increases, certain provisions get activated which multiplies the losses. One reader asks the question why isnt the price of JPM going down to reflect the lossesd in silver. My answer is that the price of silver is not high enough to begin to trigger losses in their derivative positions. But once silver approaches this critical level say around $36, then you should begin to see the price of JPM stock begin to reflect these losses.
In fact, traders are saying that once the price of silver surpasses the stock price of JPM, then for every dollar the price of silver go up, JPM should lose around 70 cents or so. This means that if silver hits $60, JPM will be a single digit stock. JPM market cap is around $170 billion. If silver losses are as great as $40 billion in cash, then JPM will be insolvent. Period. ".
En d'autres termes, accrochez-vous et achetez de l'argent. Pour ma part, je rappelle quand même que Blythe dispose aussi de la planche à billets. Si la JP Morgan tombe, tout le système bancaire suit. Donc, vous avez le choix des armes...
Revue de Presse par Pierre Jovanovic ©
http://www.jovanovic.com 2008-2011
95 % des 31 803 contrats shorts sont détenus par JPM.
J'en profite aussi pour demander ce qu'est les "contrats" short. Les positions j'ai compris avec ce que j'ai lu, mais les contrats..