The regulatory agencies really dropped the ball on this one. ALL futures contracts are far, far more in actual quantity than the underlying commodities. If all contracts were theoretically called at once, the markets would collapse instantly.
This is also true of ETFs. There are far more stocks on paper held by ETFs than are physically outstanding. Bubble, anyone?
Wasn't there an estimated 2 quadrillion dollar global derivative bubble that could burst at any minute ?
I have a pile of silver but take $500 cash out of the bank almost daily. Just in case
The regulatory agencies really dropped the ball on this one. ALL futures contracts are far, far more in actual quantity than the underlying commodities. If all contracts were theoretically called at once, the markets would collapse instantly.
This is also true of ETFs. There are far more stocks on paper held by ETFs than are physically outstanding. Bubble, anyone?