GBN.V Today

Just for the sake of argument, that there never has been and there never was ever such a thing as dynamic hedging used when massively leveraging the markets.

Then there would be no strong inverse correlation between long dated treasuries and GBN.V shares, in fact, suggesting such a thing would be absurd. You want high returns on asset prices. But for the most part, asset price appreciation is yesterday's game.

The gains to be made now are in the leverage to be applied, asymetric risk, and associated fees. Not necessarily in asset prices.

But as it stands, since dergulation has allowed for dynamic hedging and 40X leverage to become a common practice used in the commercial banking sector, and pervasive use in the markets, every last traded asset in the world will necessarily have to fall into the service of the risk cartels in place.

Even accounting regulations have been changed to fit dynamic hedging schemes and risk cartels. AND to top it off, resource sector moguls have ensured along with the gold miners themselves that gold mining will remain yoked to the treadmill, doggedly seeking share price appreciation.

I had previously demonstrated that GBN.V moves @4X the inverse to TLT. Today is/was such a day.

-F6