From the Opalesque team: Opalesque has learned that Eidsis Capital is preparing to launch a Hybrid distressed fund which will be named Eidsesis Special. Get information, directions, products, services, phone numbers, and reviews on Eidesis Capital in New York, NY. Discover more Security Brokers, Dealers, and. SEC profile for Registered Investment Advisor (RIA) EIDESIS CAPITAL LLC including address, website, AUM, assets, growth, total accounts, advisory clients, .
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Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. The ability of governments to sustain the unsustainable ultimately eidess on their ability to maintain faith in their creditworthiness, and faith is something that takes a long time to crumble.
As with any emergency, this requires a tremendous amount of leadership. Developed markets that are the repositories of most of global financial wealth have had de minimis demand capiyal physical gold. Too big to fail is now too bigger to fail. Many things have to go right in the short term to delay the eventual resolution, if you will.
This financial system is completely unsustainable. The other is over-the-counter credit derivatives, which are basically grossly under-reserved insurance. These are irreconcilable issues, and the only way they can be reconciled is by printing more money for the moment.
They even thought they owned U. That raises another problem with financial technology—re-hypothecation—where banks make money by lending out collateral. But eiesis have to consider the Philadelphia problem. Secular changes that disrupt technologies are traditionally very, very difficult, and many will lose. It’s the means of production.
Unquestionably, things were done that were illegal in many cases, certainly grossly negligent. Human history ultimately is the history of ebbs and flows of wealth, and the ability to preserve wealth over time requires a very proactive approach.
But I try to diversify.
Eidesis Capital LLC – Financial Services Firm, New York, New York – BrightScope Advisor Pages
Many countries have gone through financial disruptions and had their currencies devalued and had all sorts of economic problems, even in the last 20 years. A spokesman explained that the main reason is to protect against a crisis scenario. The price of gold never rises. Simon Mikhailovich eidesus a thing or two about financial weapons of mass destruction. The new firm focused on distressed CDO investing.
Eidesis Capital LLC
All Rights Reserved This copy is for your personal, non-commercial use only. But once it goes, it can go very quickly. If we step back from everything that is going on in the U. Before you can solve the problem, you have to admit you have a problem. It is the value of financial assets that declines. Armageddon is a physical end of the world, financial disruption is financial disruption. They increased productivity and they created oversupply, and that excess supply needs to be liquidated.
In the movie Trading Placesthe hero is trying to sell his very expensive Swiss watch at a pawn shop in Philadelphia, and he is told that in Philadelphia it’s worth 50 bucks.
The hidden cost of deleveraging proceeding without a blowup is that it transfers value from savers to debtors. My approach is what investors should do to protect themselves from the consequences. Mikhailovich, who emigrated to the U. That creates distortions, misallocation of capital, and mismanagement of risk, and we are seeing it time and time again. Although there’s faith in the U. However, in the current environment, gold can produce tremendous real returns because it’s an asset that doesn’t produce any cash flow.
Investors should look for alternative sources of uncorrelated assets or assets whose value is less correlated, as opposed to simply looking capitaal the price of eidedis assets. Russia, Argentina, Brazil—it didn’t extinguish life in those countries.
That is the endgame. But some people will win. There is a huge vulnerability. Tremendous wealth was created during the Great Depression. The most important thing for the government to do is admit the truth: It’s silver, diamonds, Rembrandts, Picassos, real estate. We have just seen an example of that.
I don’t know; nobody knows. Gold is not an investment.