LATEST BLOGS

Why Cant We All Just Get Along

The Economist has produced the graphic below which does seem to perfectly illustrate the difficulties of dropping a dozen cats in a sack and then telling them to behave. There are also some interesting permutations of what would constitute a perfect European Union in the comments. Click the graphic for the article.

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Those Sneaky Swiss Bastards

Like many investors, Mr. Bolz’s firm had a bet against the franc in its portfolios, which lost money on the currency’s sudden surge. It hasn’t made any meaningful bets on moves in the currency in the last few months, he said. An uneasy calm has emerged as investors show more caution. Volatility has all but…

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A Few Random Thoughts

These are some random thoughts I have been putting together following the events of last week. 1. Markets move from manic to panic within a few sessions. Those who still cling to the outdated notion that humans are rational assume that when markets transition they do so in an orderly fashion. The thinking is that…

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Gold Reserves

A question was raised in the comments section about the level of gold reserves held by Greece – a bit of google-fu shows something very interesting. The Greeks are better off than we are and we produce most of the damned stuff. Source – Wikipedia

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