A couple of points. The London OTC reported as of 2019 that the average daily turnover of gold was 20 million ounces or 939 tons. Was that paper or was that real? Did even a single 400 oz bar move? So what was that 20 million ounces?
You noted $4 trillion in derivatives. Was that in $100 million packages of standardized derivatives? Total international trade of goods and services was only about $90 billion per day. So what part of the international trade was being protected by all those derivatives?
The US daily GDP in 2025 was approximately $25 billion. The US OTC reports $1.7 trillion in FX trading. So, what exactly are these things called derivatives. The numbers make it sure look like churning.
Suppose all trades are real. How in the world are all these trades being managed if they are not in huge multi-billion blocks. Each derivative is a contract with two sides. If both sides change does the contract remain valid? How do you undo them? What happens when they expire? Who manages the money flows?
Hello Timo
Are purposfully not knowing that 90+% of aid to Israel is military hardware??
That means that about 50% of the aid comes back to the US fed, state or local governments in the form of taxes. Not only profit taxes but hundreds of thousands of Americans work to the arms manufacturers and a huge percent of income to MIC goes out in salaries. We also benefit in Israel’s improvement of the weapons we give to them
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