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Investors: The $1 Billion Armageddon Trade Placed Against The United States (NYSE:SLV, NYSE:GLD, NYSE:TBT, NYSE:TLT, NYSE:SPY895 share Jack Barnes: Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. In one moment, an invisible trader placed a single trade that moved the most liquid debt market in the world. The massive trade wasn’t placed in bonds themselves; it was placed in the futures market. The Euro’s Demise Has Been Set in Motion: Are you protected?
by Matthew Sercely <img src="http://s7.addthis.com/static/btn/lg-share-en.gif" width="125" height="16" border="0" alt="" /> Many politicians today speak of the dangers of allowing interest rates to rise.
Jim Sinclair | JSMineSet.com Now the credit derivative implosion problem has worked its way into the commercial paper market which since last week has declined by $90 billion. The word is that the commercial paper market for all purposes is closed down, yet Professor Bernanke sleeps on. No one can say with a straight face that a shut down commercial paper market will fail to shut down the US Economy.