by John E. Charalambakis | Jun 22, 2013 | Commentaries, Uncategorized
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 the viability of a financial system that is based purely on fiat currency. Until the markets...
by John E. Charalambakis | Jun 15, 2013 | Commentaries, Uncategorized
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 matter is that in a world fascinated with superficial results, few are those those who argue for fundamental...
by John E. Charalambakis | Jun 8, 2013 | Commentaries, Uncategorized
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 futility. According to Kierkegaard, Hegel left out the most important element of...
by John E. Charalambakis | May 30, 2013 | Commentaries, Uncategorized
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. This may continue, however we anticipate that the Japanese stock market will end up the...
by John E. Charalambakis | May 21, 2013 | Commentaries, Uncategorized
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 the commentaries late last year, I was also wondering if this year would be crowned as a year of vindication for...