GlobalAlpha

Options Trader: Wednesday Outlook

Phil, you mentioned that gold would be an interesting asset class, and I understand the rationale behind that
But wouldn't platinum at it's current level offer more potential upside? Despite the "industrial exposure" of platinum, it should still remain a reserve of value (maybe not in nominal terms if the severe deflationary shock continues, but at least relative to 95% of other asset classes). Plus there might be a Gold/Platinum price "recoupling" now that the negative auto industry demand shock has been seemingly priced in. What are you thoughts on that? Thanks a lot

globalalpha.blogspot.c...

Can Hank Paulson Lead?

You probably meant intercontinental nuclear warhead, no rocket launcher. The FED was probably broke anyways, the Treasury was the only entity left able to make things happen.

In the Midst of an Extreme Black Swan (Part I)

Lots of people saw it coming, well before Jan 1st, including myself.

Options Trader: Friday Outlook

Phil,
High oil prices are just a symptom of much greater problems, the result of a global economic septicemia fed with cheap credit and rampant moral hazards. Lower oil prices also are simply a symptom, that of the global credit crunch taking its toll. A secular repricing of all assets following an unbelivable expansion of credit is the key to reading the markets/economy; oil just happened to be the last bubble to pop.
Cheers
GlobalAlpha