Gold •168 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 932.40 | -2.20 | -0.24% | |
WTI Crude •38 mins | 70.42 | -0.16 | -0.23% | |
Gasoline •10 mins | 1.938 | -0.005 | -0.23% | |
Ethanol •168 days | 2.161 | +0.000 | +0.00% | |
Silver •168 days | 30.82 | +1.16 | +3.92% |
Silver • 168 days | 30.82 | +1.16 | +3.92% | ||
Copper • 168 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.05 | -0.34 | -0.46% | ||
Natural Gas • 10 mins | 3.480 | +0.106 | +3.14% | ||
Heating Oil • 10 mins | 2.241 | -0.014 | -0.60% |
Contributor since: 23 Nov 2013
Dr. Tom Fischer is professor of financial mathematics at the University of Wuerzburg, Germany. His research interests lie in the areas of asset and derivative pricing, systemic risk, risk capital allocation and FX risk management. As a gold and silver investor, professor Fischer closely follows the precious metals markets and has developed a proprietary stochastic gold price model for Approximity. He is a member of the German Association for Actuarial and Financial Mathematics (DGVFM) and the German Risk Management Association (RMA e.V.).
Some commentators who write about gold forward rates (GOFOs) seem to lack even the most basic knowledge about the subject. For instance, Fekete Research has…
After the recent publication of my piece "Fekete's Arbitrage Fallacy", I had to endure the wrath of the Fekete camp. However, a week later, I…
This essay analyzes the definition and the use of the notion "arbitrage" in Antal E. Fekete's writings and comes to the conclusion that they are…
Originally published September 21, 2013. Every time gold briefly slips into backwardation, some gold commentators are quick to write that this was abnormal and, in…