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Upaded gold charts   10 Jul 10
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We have added a tremendous amount of new charts and data recently, incl. Yen/Yen-Gold, Yuan/Yuan-Gold, WTI Crude Oil, U.S. GDP, and much more.

gold.approximity.com

New chart of the month, showing the slowly developing bull market in gold: gold.approximity.com/gold_charts.html

Make sure you check out this graph: DJIA during the 1987 crash gold.approximity.com/1987/DJIA.html

R+GPU   10 Jul 10
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gputools uses CULA to give you a GPU enabled fastICA. Very impressive .. speeds up R :-).

brainarray.mbni.med.umich.edu/brainarray/Rgpgpu/

New Armstrong articles published   29 May 10
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New impressive articles by Martin Armstrong, definitely worth reading.

www.martinarmstrong.org/economic_projections.htm

Clarke and Dawe ask the million dollar questions   28 May 10
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enjoy the video!

www.abc.net.au/news/video/2010/05/20/2905304.htm

Greenenergyinvestors.com: The HYPERINFLATION Thread, Facts, charts and discussion   27 May 10
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good thread, worth reading

www.greenenergyinvestors.com/index.php?s=47bc29f8c5c432c86c879d7535e86675&showtopic=4411&st=2780&p=169037&#entry169037

Great C/C++ coders wanted   27 May 10
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Contract or full-time C/C++ developers for high performance adserving wanted

Very interesting high performance challenge. We’re talking about hundreds of thousands of requests per second here that we need to handle!

If you are one of these guys that likes C/C++ coz you like to have control of what your code actually does and like to work in a team of brilliant nutcases, please do apply.

The ideal candidate:

  • is pretty familiar with gcc and linux
  • very open-minded and a good logical thinker
  • familiar with ruby
  • familiar with libevent
  • familiar with nginx

This is for a TX Fort Worth based startup.

Please email your resume to jobs at simpli dot fi. No .doc, only txt or pdf.

Thanks to GetDigital for the great pic!

In real money, British house prices are down by 70%   26 May 10
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Good article by Dominic Frisby

www.moneyweek.com/investments/property/uk-house-prices-in-ounces-of-gold-02110.aspx

More charts at: gold.approximity.com

Interview with the author of Tokyo Cabinet: Mikio Hirabayashi   26 May 10
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tokyocabinetwiki.pbworks.com/02_MikioHirabayashiTheAuthor

No-arbitrage pricing under cross-ownership: the multi-firm equilibrium   12 May 10
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Ground breaking original work by Tom Fischer on pricing crowss-ownership. In the current Greece madness this is more important than ever and allows for a first time to price these common constructs. Cross-ownership is a real, structural problem!

If you are a rating company or investment bank and interested in these algorithms please contact us at armin @ approximity dot com. Existing models do not attempt multi-firm, multi-liability and multi-priority cross-ownership in a structural way.

The general case:

  • Models the XOS of assets and liabilities for groups of firms.
  • Multiple different classes of liabilities, e.g. debt and derivatives.
  • Multiple different priorities of claims are allowed.
  • Directly incorporates counterparty risk at the multi-firm level into derivatives pricing and general asset pricing.
  • Underlying exogenous assets can be stochastically dependent.
  • Situations where valuation is impossible (no equilibria/multiple equilibria) exist.
  • It should be possible to extend any model based on the original Mer- ton Model (for instance the Moody’s KMV model) to incorporate cross-ownership along the lines of this paper.

Tom Fischer’s latest slides: statistik.mathematik.uni-wuerzburg.de/~fischer/papers/DGVFM_Fischer_XOS.pdf

The full article: arxiv.org/abs/1005.0768

The image below from the NY Times shows a good application of Tom’s XOS work.

Updated Gold Charts   10 May 10
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Tom updated the Gold Charts.

gold.approximity.com

 

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