The Intelligence Briefings – by Tom Heneghan
UNITED STATES of America – It can now be reported that major de-leveraging involving U.S. Citibank, HSBC, the Bank of Israel and the German Deutsche Bank is now occurring as derivative ratios continue to expand at an alarming rate.
As we have reported in previous intelligence briefings, the derivative spreads are now ass backwards involving foreign currency positions tied to the Japanese yen, the euro currency, the Chinese yuan and crude oil futures traded on the NYMEX exchange in New York. Continue reading “It is Still the Derivatives, They Remain Toxic”

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