Radio Interview – with Steve Austin
14 Mar, 2023 Marcel with Steve Austin on ABC radio discussing the Silicon Valley Bank (SVB) failure, the circumstances and implications of this failure and what is on the horizon... [see podcast]
Geldzug – FUND MANAGER COMMENTARY – January Junkyard Dogs
16 February 2023 January looked like a great start to 2023, after the losses of 2022. The S&P/ASX200 index was up 6.2% for the month, similar to the 6.3% rise in the US S&P500 index. Share markets in Europe, China and Latin America were even stronger. But appearances can be deceptive. The January rally was built on hope, not facts. [...]
Geldzug – FUND MANAGER COMMENTARY – 1 Million Dollars Per Hour From Commodities
Year’s End 2022 ALPS ended 2022 in positive territory (+21.67%), in stark contrast with global equities (-19.46%) and bonds (-15.13%). During the year, Arminius Capital collected two international awards for 3rd and 5th place for monthly returns in August & September from BarclayHedge. https://www.barclayhedge.com/rankings-awards/performance-awards/... [read more]
Geldzug – FUND MANAGER COMMENTARY – Bears on Cocaine
December 20, 2022 ALPS is in positive territory year to date to November (+14.71%), in stark contrast with global equities (-15.81%) and bonds (-14.58%). Global Macro funds have shone this year as they capitalised on a semblance of normality returning to bond markets with the Fed leading the charge of recalibrating interest rates after keeping the world high on low [...]
Geldzug – FUND MANAGER COMMENTARY – Bond vigilantes & drunk chickens
November 30, 2022 Our global macro hedge fund is in positive territory year to date (+18.99%), in stark contrast with global equities (-21.17%) and bonds (-17.51%). Our returns have been achieved in spite of the Bank of England during October effectively having to bail out the majority of the UK pension fund industry, which was by far and large the [...]
Radio Interview – with Steve Austin
11 Oct, 2022 Marcel with Steve Austin on ABC radio discussing why governments and central banks have caused the current inflationary environment, in light of the Federal Treasurer’s comments today of the necessity of “blunt and brutal” interest rate rises in the months ahead and his pending trip to the IMF in Washington... [see podcast]