Freeport-McMoRan (FCX)

[eddy2]

Ed I know your tied to secrecy as you are still a member. I haven’t been a member for many years loosing my status some time ago. Now things could of changed. I know it is always been a game changer but when I was involved in that two year window collateral combinsation could never exceed what the market established for it.

Now that being said a company could credit the collateral combinsasion that would in turn create a debt for the entity holding the collateral to the company.

Appreciation is another good example of credit to the equity holders because the company held the debt while the equity holders only held the collateral.

An example of this is when looking at assets on the balance sheets that never seem to go up relative to the cost of living.

I don’t believe any of this has changed based on following the numbers. I do advocate that everyone take an advance certify government credited four year degree on completion of advance private sector accounting 101 along with advance accounting in private banking related material then if all satisfactorily completed you can ask to attend the prestigious University of Yale or is it Columbia can’t say I was never excepted but was informed that it was a huge eye opener as too how it’s all executed.

Now you then want to talk about secrecy that not even the President of the United States knows how that works. This is of course unless he has very well paid people on staff. Money as it is said can buy anything, at the right price. Every country along with the international financial arm is adding something to the mix.

To understand it to that depth they say it’s a live time of study never achieved by anyone man or women. Very close by a women once but she died in a very sad plane crash as you know.