Market which followed only 10 years after this you can trade an option that has no Intrinsic Value at all it just has implied value based on. Time to time value plus. The volatility or beta so if you have been on a stock and the option is to buy the stock in the 6 months in the future and the underlying stock goes up and down a lot then you have an implied value for that option right and so its a way to price risk but the way to price risk is the need to know time time best have value time has to use the and align prevailing Interest Rate to establish a baseline of the value of time from now on the curve from short to long so if youre negative as weve said before you have no value of to. Time as a matter of fact time as a negative value i have often quipped that negative Interest Rates are a way for Goldman Sachs to go backwards in time and steal from clients in the past you know having looted all their current clients and future clients they need to go backwards in time so negative In
Morning highs and above average for everybody in this will be the warmest day of the were below on both. Moving up south to north, 40s, 50s and 60s and tomorrow, the warmest with low 50s for others. Mid50s around san jose and santa clara and the system will give higher clouds with sunrise giving higher clouds and then mostly sunny with a slight offshore breeze and a northerly or easterly breeze in place with warm temps. 70s, 80s and near 90. 6 02. We begin with the bridges, getting crowded. Right now, some slow traffic approaching the toll plaza, typical for 6 00 with metering lights on for about 45 minutes or so and there is a backup and no big problem on the bridges right now that we know of. We will watch the chp list. Its getting more crowded with the typical commute and this is a look at 880 and it doesnt look too slow in front of the coliseum an 880 south between 238 and hayward is a little bit slow and then it picks up for the drive through union city and fremont. You are not to
Those are this is the kaiser report whats happening in the global world well max you know theres been a lot of topsy turvy. Especially emanating from the global empire that is United States and that is causing a lot of distrust of whether or not our trade deals are any good or whether or not our word is any good whether or not we might invade somebody whether or not we might you know spy on an ally like we did under obama with Angela Merkel for example like so theres a lot of distrust going on and of course the diplomatic speak is that were all fine everythings great everythings going to be sorted out and this is just the art of the deal but one thing you can look at and the data you can always point to is not only the invention and creation and the flourishing of bitcoin for example from 2008 since the financial crisis but also the accumulation of gold and how people are nations in particular are turning to gold the global collapse and trust has driven a secret bull market in gold and
Kold cooler than yesterday at this time. Leto up, but fought as much. We are getting ready for nicer weather in the forecast. Well go through this time line and talk about the weekend forecast. Mike, you have a possible problem for the early commute. Its not quite clear, i got an alert from the h train system that the trains were canceled because of something going on in liver more. We have no reports of that going on in liver more and the ace train website said says, oh, eight minute delays, so we will say heads up if you ride the ace train, that will be between stockton and the south bay. Right now, everything is pretty standard. Back to you. Thank you very much, mike. 4 31 breaking news, right now, sparking news concerns, the u. S. Warship is now assisting two oil tankers that may have been targeted in attacks off the iranian coast. Both were struck by explosives in the gulf of amman. Here is aj an image, it is an oil tanker flyin under the Marshall Islands flag. It was on its way t
Money week and he looks at a new paper 300. 00 page and or report that comes out of lichtenstein. Called from incremental which is a lichtenstein based Investment Company and they put out a report called in gold we trust and they have a lot of Interesting Data were actually going to talk to one of the guys from there soon but incremental observes that in the west trust is disappearing people no longer trust their governments they do not trust their politicians they do not trust their scientists or there are economists experts are biased the media is biased even systems and processes are no longer trusted whether its Education Health care even democracy itself right lot the lack of trust trust is trading at an all time low trust is crashing on the Global Markets so when that happens people buy gold and nations buy gold countries buy gold Central Banks buy gold the buying gold the bryant park and gold thats making a new all time highs australian dollars spent them almost a dozen. Russian