Monday, April 15, 2013

S&P 500 Gold Buying Power 2 Year Daily

That is definitely a negative $799.40 of buying power in S&P 500 dollars last August, 2011. So I could have swapped out my long S&P 500 Futures contract worth roughly $5800.00 to owe you $799 plus commissions for taking it off my hands. Meanwhile the contract would continue to gain value at a pace of $50 a handle. Something is terribly, terribly out of proportion.