By: banshee on Lunedì 10 Febbraio 2003 17:12
Se il mercato fosse manipolato 3 o 4 hedge fund da 500 milioni di dollari si mettono assieme e dopo un poco lo fanno saltare
carta o non carta se uno compra il prezzo sale
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)8-)))
Lei deve aver studiato dalle Orsoline.....
In 1994 (I think that was the year) Jimmy DePiazza, Phibro's trader in
Connecticut, had figured out a way to corner the silver market. At that
time, Phibro had been taken over by Salomon Brothers; their chairman at
the time was Warren Buffet.
Old timers like myself will remember one of the great coyish plays of all
time. It was going into option expiry day with silver trading around $5.
Phibro was LOADED up with $520 calls, which had concerned the silver
shorts at the time.
But, with silver at $5, the shorts were relaxed and laughing at the bad
trade of Phibro. Market closed.
Shorts were all smiling. THEN, Phibro announced that it was excercising
its $5.20 calls - calls that were 20 cents above the market.
THEY WANTED THE SILVER.
The shorts panicked. The price of silver soared the following day and
week. Phibro had found a way to corner the silver market.
The following week Warren Buffet received a call from the U.S. Treasury
and was told that squeezing the silver market was not a good idea. They
did not tell Warren Buffet not to do so. They said that he could very well
win the silver battle, but that Salomon Brothers would
LOSE the war. At the time, Salomon was under great pressure due to
financial market concerns and some bond market scandals, if my memory
serves me correctly.
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Se compri e paghi per quello che compri il prezzo stabilito dal libero mercato (secondo Gianlini da Milano), allora stai manipolando il mercato.
Se vendi quello che non hai a tonnellate, e che neanche esiste sulla Terra, allora va tutto bene.
A volte mi fate uscire fuori dalla Grazia di Dio!
