Thursday, September 29, 2011

Bob Chapman -The Sovereign Economist 28 September 2011

Bob Chapman : 5 banks control 94 percent of all derivatives most of them are CDS Credit Default Swaps , but out of that total 85 percent or 80 percent is owned by JPM , If he derivative market goes down JPM is history easily , the whole thing is a scam absolute scam even the options market is a scam , anybody that goes into options is out their mind , there is no way you could be a winner , do not trade the market I was a professional trader for 25 years listen to me you are going to lose you do not stand a chance , markets are not scientific


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