Three Years Later: Unfinished Business in Financial Reform
We are pleased and honored to bring you the following speech by permission from Chairman Volcker. The text of this speech was delivered to the Group of Thirty on September 23, 2011 in Washington, D.C. Our thanks to Chairman Volcker for the use of his speech as well as...On Being and Nothing: Are the Markets Reflecting the Becoming of Nothingness?
The markets nowadays are in purgatory. What is the task of professional market watchers and fund managers? In a nutshell we would say it is to unmask portfolio holding’s self- alienation in their secular form, once they have been unmasked in their sacred form....Who Switched the Price Tags? The Prelude of a Requiem
A friend describes in a book he wrote about twenty five years ago, how when they were kids he and one of his friends went into a five-and-dime store and switched all the price tags! As we can understand pandemonium followed when things that were supposed to sell for...How the Mighty May Fall: On Chinese Tremors
China has been in the news again recently, and hence we would like to offer an update on our previous writings on the subject. However, before we do so, allow us first a few brief comments on gold and precious metals. We started selling a significant position of our...Drawing Parallels: The Gold Pool of the 1960s and the Trajectory of the Euro
When the EU started feeling the heat in its periphery, and fearing damages to its core, it established the EFSF (European Financial Stability Fund). We have expressed elsewhere some of our concerns regarding its establishment. In this commentary – which will be...Sign Up for Our Publications
