George Dorgan had been one of the predictors of the financial tsunami of January 15, 2015. This is also visible in many posts in Seeking Alpha between 2012 and 2014. Very often he spoke about the impossibility of the peg and the strong Swiss economy.
He often criticized the - as for CHF - notoriously wrong bank research, in particular in the Seeking Alpha article:
The Swiss Franc, Pseudo-Mathematics and Financial Charlatanism
George lives in Zurich and knows well the Swiss mentality and the mindset of the Swiss National Bank (SNB) that is in line with supply-side and Austrian economics.
George is a heterodox economist and manages a very small private hedge fund on global macro basis following contrarian strategies.
Dorgan is largely an Austrian economist, supply sider and fierce advocat of deflation caused by technologic progress, free trade and the global distribution of labor.
He is against both the Keynesian mainstream and those Austrians that see the hyper-inflationary collapse coming. His ideas are also inspired by Minsky and Richard Koo, but he considers fiscal intervention only when private sector savings rates are rapidly increasing.
For Dorgan, GDP growth is currently not important, but a stabilisation of savings rates. Apart from some countries in Southern Europe, unemployment is extraordinarily low in the world, in particular in emerging and less privileged economies.
For him, the 2008 financial crisis was rather a balance of payments crisis of the United States and thanks to globalisation, only a very short-lived crisis.
Dorgan started up as quant programmer, worked at UBS and Reuters. He speaks nine languages including Russian.
He has a broad knowledge on (economic) history, law, computer science and business. He currrently manages Too Big To Fail projects in big Swiss banks.
His recent publications that were editor's picks in Seeking Alpha:
FX Rates, Contrarian Investment And The Misleading Concept Called GDP http://tinyurl.com/ortw73c
The Dollar, The ISM, Buy American And Irrational Exuberance http://tinyurl.com/o6q7qtg
Other useful contributions are the regularly updated:
What Drives Government Bond Yields? http://tinyurl.com/pnn3urn
The Six Major Fundamental Factors that Determine Gold and Silver Prices http://tinyurl.com/qxahse7
His Google Plus profile https://plus.google.com/u/0/+GeorgeMDorgan
and his Twitter account https://twitter.com/DorganG
I have a critical care medicine physician with an extensive experience in six tertiary care centers in two continents and four states. The nature of my work deals with technical analysis of multiple bodily functions translated into graphs. That has engendered knowledge and experience of technical analysis over several years which I have used on trading various stocks. Because of my International background I also apply a fundamental analysis to my buys.
Dickson Buchanan Jr. is the Director of International Development and a Senior Precious Metals Broker at SchiffGold, as well as the Managing Director of SchiffOro. He holds an MA in Economics from King Juan Carlos University and regularly contributes commentary and analysis on gold, financial markets, and entrepreneurship. His interests include monetary theory, capital theory, entrepreneurship and the history of economic thought. You can contact him directly at firstname.lastname@example.org
Not a high-falutin' Pee Aich Dee economist.
Just a lowly physician tryin' to make sense of these Interesting Times.
"The State is the great fiction through which everyone endeavours to live at the expense of everyone else." Frederic Bastiat, 1848
I am but a bemused and conjurepated skeptic in a world of majestic deceptions.
I'm a member of the Investor Relations team at Callinex Mines Inc. Feel free to get in touch here or on any of our other Social Media profiles for more information about the company and our progress.
Twenty years top tier international corporate finance. Had my own boutique in Houston 1982-88. Written up in Oil & Gas Journal as number 1 firm for oil & gas European capital expertise. Prior, commercial banking VP with NYC and London sovereign debt experience in Belgium, Norway Yugoslavia and (whoops) very earliest Greek Government loans. Also 2 billion in asset generation for Oil Patch companies with Bankers Trust NY from Houston base. Investment banking deals with Shearson include being prime architect of IPO for oil service company and well regarded multi year oil co. exploration Partnership. As boutique, architect of institutional $200 million exploration deal and $45 million oil co. M & A transaction. Held Principal securities license among others. As retired hobby enjoy writing options, most against portfolio or small universe of equities, occasionally rank speculative. Worst deal 3,000 shares of FTR got hammered, holding on (FTR still pays 5%+ on my invested capital.). Best deal, large speculative purchase of TEF calls just prior to their 3 for one split, ouch, commissions tripled, still doubled up.
1992-2006 Cape Cod commercial clammer (50 tons dug.) Slightly recognized/successful political commentary blog ending 2008 (called banking fiasco early.) One play produced, Arthur Miller attended closing and closing party, sweet!
Colgate University, BA degree in Geology. Owner of Bristol Bay Flies (www.bristolbayflies.com).
Associate member, American Association of Petroleum Geologists. Interests in fly fishing, investing, coin collecting, backpacking, and organic gardening.
Individual investor with particular interest in any company that is on the cusp of change--for the better. These companies will have at least several attributes in common: They are underfollowed; underappreciated; have a clear, stated strategy for driving profits; management and BOD are perfectly aligned with common shareholders; management team and BOD with a track record of rewarding shareholders; and have near-term catalysts that will have meaningful impact on the business. Simple, right?
Upon receiving my Masters degree in Music from Connecticut's Hartt School of Music, I took a job at a local Friendly's serving ice cream, where I perfected the disgruntled, comatose look, as seen in the photo at left. As a first-time participant in the American economy by way of fast-food, I noted the vileness and squalor into which our country was plummeting.
Now, as an SA commentator, I look forward to multiplying my earnings, once I get some, and settling down as a prime member of society, living out my remaining years in the luxury every red-blooded American deserves.
I currently live in a barn with my saxophones, watching America decline around me.