First Mining Gold Corp (FFMGF)

[Tommy Two Times]

A 1% Rise In Yields Will Lead To $2.1 Trillion In Govt Bond Losses.

This from http://www.zerohedge.com/news/2016-10-25/dv01-update-1-rise-yields-will-lead-21-trillion-govt-bond-losses

Now does anybody still believe the FED wants to raise rates?

On the final paragraph of that article the author wrote...

"And while we don't have the exact number, it is safe to say that when adding up the rest of global non-government duration exposure, the actual number is closer to $3 trillion in losses as a result of a 1% rise in yields; which is why we urge central banks, in the desire to push long-rates higher, that they tread lightly."