Inflating into Oblivion: Hard Asset Investments are Just …Precious
This commentary is a continuation of our theme that hard/real assets that are no one else’s liabilities – in contrast to financial “assets” – represent anchors in portfolios. It also serves as a prelude to our upcoming newsletters about infrastructure, international...Market Update
We have seen some serious volatility in the precious metals markets over the past week. It is no secret that we employ them as an anchor for our portfolio strategies. The sharp sell-off in the silver market is a result of the CME (Chicago Mercantile Exchange) raising...A New Cold War? Global Geopolitical Developments
Since our last commentary on the events in the Middle East, turmoil in the region has not slowed down. Libya has captured most of the world’s attention due to the intervention of the United States (in overt and covert manners) with the assistance of NATO forces in an...A Parable of Two Trajectories: Chremylos and Plutus Contemplate about the Endgame
In the ancient Greek play “Plutus” (Wealth) by Aristophanes, the unwise master named Chremylos pretends to be a righteous man who deserves wealth and prosperity at a time when his household suffers from poverty. In a classic pre-dialectic materialistic point of view...On Euro’s “Strength” and Dollar’s Weakness: The Role of Swaps Among Central Banks
Without a doubt in the last three-four months we live an oxymoron: In the midst of the sovereign debt crisis in Europe, the Euro has been strengthening and the US dollar has been weakening, as the following graph shows. We will let primarily graphs to talk in this...Sign Up for Our Publications
