[Vid] Max Keiser on Aljazeera – Collateralized Commodity Obligations

5 Responses to [Vid] Max Keiser on Aljazeera – Collateralized Commodity Obligations

1. smallz | April 20, 2009 at 7:58 am |

   Keiser on point as usual.

   Listening over the last 24 months, I’ve been able to FOLLOW THE LOGIC to gain understanding of  HOW a “shadow banking system” operated with respect to the “Primary banking system”.

   Very Interesting to say the least.

   Sadly, this “shadow” theme is not only relegated to wall streets back office shennanigans. Apparently this “shadow” business exists in the U.S.  Mortgage Market as well.

   (Google: banks don’t sell many foreclosed homes)

   In American real estate, the “shadow banking system” idea is extended in what has become a “shadow mortgage market”. Both entities exist in a similar fashion and bear the same fruit.

   The “Shadow” markets are akin toThe “Shadow” inventory beccause (1) they hide the total inventory or value and (2) are used to “price fix”, inflate or manipulate in some way the price of what is availible in the primary “market” or “inventory”.

   “Shadow” inventory or  markets seem to be a staple in the european business model because of the reliance on scarcity to justify the price-fixing otherwise known as “supply and demand”.

2. Rich | April 20, 2009 at 9:31 am |

   Another home run by Max… he shoots… he scores!

3. bzmoore | April 20, 2009 at 10:19 am |

   There must be a ‘shadow’ gold fixing system as well.

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5. smallz | April 20, 2009 at 8:35 pm |

   bzmoore said: “There must be a ’shadow’ gold fixing system as well.”

   Exactly.

   Check out Rigged Markets.