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When the analysts and experts talk about the current financial crisis, they often refer to credit default swaps. So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.
Video duration: 335 seconds
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Trace Bundy live at the Taft Street Arts Center in Houston, Texas on December 8th, 2006.
Filmed, edited and uploaded by Dave B.
http://www.instru mentalcase.com
http://www.myspac e.com/instrumentalca se
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The only person on TV I see talking about this.
http://www.cnbc.c om/id/15840232?video =880574352
If you go buy physical silver and gold you are paying a very high premium over spot. If this continues, and it will people will want to take delivery and will result in lower prices.
Banks got booked selling silver.
http://news.silve rseek.com/TedButler/ 1219417468.php