Why and how the global monetary system is failing, why it is too late to stop, what will come next, and why the crisis is only financial – not commercial.
Lee Quaintance & Paul Brodsky
Select articles by Lee Quaintance and Paul Brodsky of QB Asset Management Company in New York, a macro-oriented hedge fund.
The State of Play: Statists at Play
Kirchner’s declaration that the action is a “recovery of sovereignty and control” should further remind observers and investors that those in power ultimately rely on maintaining and obtaining access to natural resources.
On shadow banking
It is important to distinguish between leveraged and unleveraged non-bank lenders, both investors and both implicitly “shadow banks”.
BB Gun: A Critical Analysis of Ben Bernanke’s Lecture Last Week
A critical response by Chairman Bernanke would be welcomed…
Golden Boy
We think it is imprudent to advise legitimate savers to invest in levered financial assets.
Gold in Perspective
Any sell-off in gold futures or other derivative claims serve the physical gold buyer’s interest and the interest of investors in shares of gold miners looking to accumulate in-ground physical gold.
Plastics
Fundamentals and incentives point the way to an optimistic outcome for the majority.
[AUDIO] The Seeds of Our Destruction Were – And Still Are – Sown in the Bond Markets
Paul Brodsky thinks our credit system is so far out of control that it will cause a massive – and largely unavoidable at this point – devaluation of the US dollar (and most other fiat currencies, as well).
A Fund Manager´s Take On The Protesters on Wall Street
The kids downtown are credible and the “vocal fringe” is actually representing a disenfranchised majority that is quickly growing disenchanted with “reasonable centrism.”
Thoughts on the Fed’s Twist
The Twist in essence reduces to a bank subsidy.
Implications of the US Sovereign Debt Downgrade
We believe the downgrade of US Treasury obligations is legitimate and, in one very relevant way, insufficient.
