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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The price of gold never rises. We concluded such an asset is physical gold bullion—not paper or derivative instruments—held securely outside the financial system, which is potentially subject to a disruption like we saw inand geographically diversified to provide access to various markets, where the hope is that at least one or some of them would be liquid.

To order presentation-ready copies for distribution to your colleagues, clients or customers visit http: It’s normalcy bias, a psychological phenomenon that prevents people from seeing unconventional threats. That creates distortions, misallocation of capital, and mismanagement of risk, and we are seeing it time and time again. Reserves are essentially hedges or protections, they’re monies or eeidesis value that is sitting on the sidelines that can be pressed into service if something happens and you need to rely on these stores of value, capitap two reasons.

The ability of governments to sustain the unsustainable ultimately rests on their ability to maintain faith in their creditworthiness, and faith is something that takes a long time to crumble. The hidden cost of deleveraging proceeding without a blowup is that it transfers value from savers to debtors.


The risks were manifest inbut rather than defuse them, government policies have since increased the interconnectedness. So they are trying to support the prices of goods and services that have been overproduced, which are financials.

We have just seen an example of that. It’s silver, diamonds, Rembrandts, Picassos, real estate. Armageddon is a physical end of the world, financial disruption is financial disruption. We came up with a vehicle that enables investors to do the same thing. That raises another problem with financial technology—re-hypothecation—where banks make money by lending out collateral. This isn’t about the end of the world. They thought they were simply in custody of Lehman Brothers.

Interview With Simon Mikhailovich – Barron’s

If anybody is an expert in safe-haven assets, it is the Swiss National Bank. You may eiddsis like the price, but it is never going to be a rip-off. Recently, the Swiss National Bank announced that it holds its reserves in diverse locations around the globe. Tremendous wealth was created during the Great Depression.

The disruptive technologies and government policies have created an extremely highly correlated environment with all financial markets and all financial institutions. Too big to fail is now too bigger to fail. Investors need to examine old ideas about diversification, and to realize that both bonds and stocks have become much more highly correlated than ever. For non-personal use or to capitwl multiple copies, please contact Dow Jones Reprints at or visit www.

The most important thing for the government to do is admit the truth: If we step back from eidsis that is going on in the U. Central banks all have gold reserves, and they’ve been increasing them.


We’ve detected you are on Internet Explorer. Many things have to go right in the short term to delay the eventual resolution, if you will. Governments are borrowing more and more, and the spreads of government securities are getting eidesjs and tighter.

Mikhailovich, who emigrated to the U. All Rights Reserved This copy is for your personal, non-commercial use only.

A compromise will only delay the problem, because it’s a problem of excessive indebtedness and you can’t solve a balance-sheet problem without solving it, except by delaying it.

With a wealth of experience in structured credit, caital co-founded Eidesis Capital in with Michael Sollott, after they completed a buyout of the collateralized-debt-obligation business of St. Rather than enable a quick but extremely painful deleveraging, Western governments are trying to delay it by borrowing significant amounts to supplement economic activity.

Eidesis Capital LLC

This copy is for your personal, non-commercial use only. If you were offered a game of chance where when you win, you win, and when you eiesis, you are given another chance to throw the dice, then, of course, everybody would play that game and essentially that is where the financial system is. People overestimate their previous experience and they underestimate future experience….

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