Re: End of QE and impending financial crisis : Thu Jun 27, 2013 7:16 am  

Dally wrote:

Man Utd maybe get 70,000 at home games. But the worldwide market for their mwerchandise is much greater.

That analogy doesn't work as the merchandise exists and actually gets sold directly as shirts and memorabilia, not in futures.
Try again.

Second thoughts ... don't.

Re: End of QE and impending financial crisis : Thu Jun 27, 2013 12:48 pm  

El Barbudo wrote:

That analogy doesn't work as the merchandise exists and actually gets sold directly as shirts and memorabilia, not in futures.
Try again.

Second thoughts ... don't.

I wasn't trying to say shirt sales = "futures" or derivatives. What I was pointing out that there are other markets were the secondary market is far larger than the market which they derive from and no one bats an eyelid.

Re: End of QE and impending financial crisis : Thu Jun 27, 2013 1:36 pm  

Dally wrote:

I wasn't trying to say shirt sales = "futures" or derivatives. What I was pointing out that there are other markets were the secondary market is far larger than the market which they derive from and no one bats an eyelid.

So what?
That's completely irrelevant to the point now being discussed, which is about paper trading, futures, derivatives i.e. trade in intangibles which allegedly may be rigging the price of the tangible item.

Re: End of QE and impending financial crisis : Thu Jun 27, 2013 3:44 pm  

Dally wrote:

I wasn't trying to say shirt sales = "futures" or derivatives. What I was pointing out that there are other markets were the secondary market is far larger than the market which they derive from and no one bats an eyelid.

Give it up lad, you're fooling no-one.