THE MATTERHORN INTERVIEW – 1 December, 2013: Prof Tom Fischer
“Gold as Part of Gresham’s Law for Interest Rates”
Financial journalist Lars Schall talked with German academic Tom Fischer, a financial mathematician, about the phenomenon why gold’s usual state of contango suggests central bank interference. Moreover, they took a look at the issue of the paper vs the physical gold market, and discussed other issues related to the precious metal markets, such as the gold-silver ratio.
Dr. Tom Fischer is Professor of Stochastic 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. Besides his academic interests, Mr. Fischer is the scientific head behind the FX Risk Management tool, which was developed by the risk management firm Approximity. He closely follows the precious metals markets, and besides appearances of his related work in the press, he has developed proprietary models for these markets. He is a member of the German Association for Actuarial and Financial Mathematics (DGVFM) and the German Risk Management Association (RMA e.V.).
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