We use insight from a model of earth techtonic plate movement to obtain a new understanding of the build up and release of stress in the price dynamics of the world's stock exchanges. Nonlinearity enters the model due to a behavioral attribute of humans reacting disproportionately to big...

We examine the case for gold as a long-term or strategic asset allocation for European professional investors. The role of gold in asset management is currently very topical. From a longer term perspective a wide consensus exists that gold is a useful hedge against inflation and a long-term...