THE DERIVATIVES MARKET
by: S.R. Shearer
Derivatives are "investment instruments" whose value is linked to or
"derived" from some other security. Derivatives are an extremely
high-risk form of market speculation, nonetheless, they have
become in recent years one of the largest markets in the world. The
size of the derivatives market was estimated at $55 trillion
in 1996. More often than not, derivatives are linked to very complicated
speculation in the currency markets.
For example, one PEARL derivative (a derivative marketed by Morgan
Stanley) was linked to its principal multiplied by the change in the
U.S. dollar over a particular period of time, plus twice the change
in the value of the British pound, minus twice the change in the value
of the Swiss Franc. Every major mutual fund in the country is in the
derivatives market. Not only that, but most major corporations are into
it up to their necks.
The sad fact of the matter is, no matter how conservatively people
attempt to "buy into" today's stock market by "buying into"
"blue chip" companies like Mobil, Ford, GM, Procter and Gamble,
Colgate-Palmolive, DuPont, etc., most are also unwittingly buying
into the derivatives market as well.
Why? - because most of these companies are heavily "invested" in the
derivatives market. Unfortunately, the battlefield of the derivatives
market is littered with victims: Orange County, Barings Bank, Daiwa
Bank, and the Sumitomo Corporation, to name but a few.
We need your help to spread the word concerning Antipas Ministries and the
eschatological viewpoint it represents; WE NEED YOUR
HELP BECAUSE WE DO NOT "LINK" WITH OTHER SO-CALLED "CHRISTIAN"
WEBSITES which are, for the most part, "in the tank"
insofar as their loyalty to the United States is concerned
- a loyalty that has made them partners in the BLOODY
trail the American military has left in its TERROR-RIDDEN
rampage throughout the world, as well as making them partners
in the abject poverty that American corporations have
imposed on the peoples and nations the American military
machine has ravaged - A BLOODY, TERROR-RIDDEN RAMPAGE
THAT HAS TO A LARGE DEGREE BEEN CARRIED OUT IN THE NAME
OF THE "PRINCE OF PEACE." [Please see our articles,
"The Third World
as a Model for the New World Order," Inside
the American New World Order System" and "The
American Empire: The Corporate / Pentagon / CIA / Missionary
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