By: John E. Charalambakis | On: July 10, 2013 |
In the last few days Greece and Cyprus occupied the headlines again in newspapers like The Wall Street Journal, the New York Times, and the Financial Times. I apologize for […]
By: John E. Charalambakis | On: July 5, 2013 |
It is apparent that Morsi never made up his mind regarding the ultimate Machiavellian question of whether a leader needs to be feared or be loved. The solution imposed by […]
By: John E. Charalambakis | On: June 27, 2013 |
The latest report of the BIS (Bank of International Settlements, a.k.a. the central bank of the world’s central banks) is very clear as to the future of further monetary stimulus […]
By: John E. Charalambakis | On: June 22, 2013 |
The Fed’s hint that they may taper the purchases of financial assets ignited a fear in the markets last week. We have long been advocates of sound money while questioning […]
By: John E. Charalambakis | On: June 15, 2013 |
We are coming to a juncture in the markets where we need to decide if the means of illusions used can produce any real lasting effects. The truth of the […]
By: John E. Charalambakis | On: June 8, 2013 |
This year marks the 100th anniversary of Kierkegaard’s birth. The father of existentialism had a clear target, to show that Hegel’s attempt to systematize all reality was an exercise in […]
By: John E. Charalambakis | On: May 30, 2013 |
It has been a week now since the Japanese markets have been exhibiting significant volatility. What we have been observing is that both equities and bonds show signs of turmoil. […]
By: John E. Charalambakis | On: May 21, 2013 |
Late last year I wrote that we anticipate precious metals to suffer losses in 2013. We would not be surprised if this lasts more than a year. In one of […]
By: John E. Charalambakis | On: May 15, 2013 |
Could it be that the over-collateralization and re-hypothecation of paper assets via the derivatives avenue has created a huge hole in the financial system that the monetary authorities are called […]
By: John E. Charalambakis | On: July 23, 2013 |
Currencies and Hobson’s Choice: The Trajectory for the Revaluation of the Dollar
The best thing that the US has to export is the USD. From that perspective, it is the strategic advantage of the US to create those conditions necessary for the […]