Dave Kranzler: Why Did CME Secure $7 Billion Credit Facility To Protect Against Default?

By Arcadia Economics / March 20, 2005 / marketsanity.com / Article Link

In this week's gold and silver market update with Dave Kranzler of Investment Research Dynamics, Dave covered the latest gold and silver news, including the CME's $7 billion credit facility to protect against a clearing member default.

Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.

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