William Kaye: Derivatives Likely to Trigger Major Financial MELTDOWN in 2015- Upside in PM’s is ENORMOUS!

In this brilliant interview, Fund Manager William Kay explains why Markets No Longer Exist, why PMs are the most asymmetric opportunity on his screen, and why derivatives will trigger an EPIC market crash…likely in 2015:

The most asymmetric opportunity on our screen is precious metals, and arguably silver could be even more exciting than gold

It would seem apparent that the system has been hijacked by the same people who caused it to implode 6 years ago. The set-up now is not similar to 2008-09, its much, MUCH worse!
There will be a loss of control…when that occurs, the system implodes on itself with no ability to rescue it.
Overhanging the system are a $quadrillion in derivatives linked to low interest rates.  When that $quadrillion in derivatives has to make a major adjustment to an era of higher interest rates, the liklihood of a major financial series of accidents- or a MELT-DOWN, is extremely high.
2008 was just a Tea Party to what’s coming…likely in 2015… 

Kaye

 

In this brilliant interview, Fund Manager William Kay explains why Markets No Longer Exist, why PMs are the most asymmetric opportunity on his screen, and why derivatives will trigger an EPIC market crash…likely in 2015:

On what now controls asset prices:
Now derivatives determine asset prices. High Frequency trading is used to manipulation markets and prevent price discovery…
People who are attempting to key off the info provided by markets are having a difficult time.  This is a difficult era for people who are looking for value and who are contrarian investors.
Markets as we used to know them no longer exist! 

Kay’s thoughts on gold & silver:
The upside (in gold) is enormous.  We look for asymmetric investment opportunities, and right now the most asymmetric opportunity on our screen is precious metals, and arguably silver could be even more exciting than gold, but you would need Wembley Stadium to store the amount of silver we would need.   Silver is very, very exciting for people who have smaller amounts of money to put to work. 

On derivatives triggering a MAJOR economic crash, likely in 2015:

It would seem apparent that the system has been hijacked by the same people who caused it to implode 6 years ago. The set-up now is not similar to 2008-09, its much, MUCH worse!
2008 was just a Tea Party to what’s coming…likely in 2015… 
There will be a loss of control…when that occurs, the system implodes on itself with no ability to rescue it. 
Overhanging the system are a $quadrillion in derivatives linked to low interest rates.  When that $quadrillion in derivatives has to make a major adjustment to an era of higher interest rates, the liklihood of a major financial series of accidents- or a MELT-DOWN, is extremely high. 

Eagle