Alhambra Investment Partners

About the Author Alhambra Investment Partners

At Alhambra we begin with the belief that you are unique. And since unique situations require unique solutions the first step is to listen to you. There is no one-size-fits-all investment plan, so before we invest the first dollar we get to know you, your goals and your dreams. Next we compare your specific needs and requirements to determine whether active or passive investing is right for you and whether your plan should be strategic or tactical or both. Finally, we take our analysis and engineer a custom investment portfolio that matches who you. Alhambra investment decisions are based on our own extensive research and expertise. Our research staff has almost 100 years of combined market experience. The team drills deep into corporate data to find the smallest details that others miss, looking for true opportunity for our clients. The members of our team are highly respected in the financial industry and their insights are sought after by television business networks and radio programs. Their opinions and commentary are also widely quoted in financial publications as well as a multitude of internet outlets such as RealClearMarkets.com.

Golden Simplicity

In a world wrapped in an often impenetrable morass of complexity and numbing esoteric deceitfulness, sometimes it is worthwhile to marvel in fleeting passes of simplicity. We have been looking for an isolated glimpse or almost control group synthesis of the Asian “dollar.” I suggested a few weeks back that China’s weeklong national holiday might provide such an opportunity, with the Chinese pressures drummed into silence and then unleashed again; to see it without and then with in short order.

In some parts of the eurodollar system it never was, as pointed out yesterday the raw eurodollar prices and configurations seemed unaffected at both ends. You can make a passing resemblance of stock prices in the US and in some parts of the world, but it seems as if commodities and really crude oil have circled at least some agent of Asian “dollar” addition (through subtraction).

ABOOK Oct 2015 Dark Leverage WTI Golden Week Up Close

Obviously, there are other factors to consider, but for a brief moment we appreciate at least the potential for unassuming revelation. In my analysis this isn’t a random occurrence and more so I don’t think it is being taken as such. Also noted yesterday, I think the continued “safe haven” bids especially in gold might be, in some part, recognition of how the eurodollar system is itself under duress while at the same time China and any Asian “dollar” might only add to it (or, at worst, trade places, back and forth, as the primary engine of disruption, combining into a roiling stew of continuous backwardness).

ABOOK Oct 2015 Dark Leverage GoldABOOK Oct 2015 Dark Leverage Gold Longer

I find, therefore, significance in gold retracing now all of its “dollar” dump from July. The Asian “dollar” may end up being an imperfect signal of the true end of “transitory.”