Most financial analysis mistakes noise for signal. Chaos & Order does not.
I’m Marjorie Nadal. Twenty-five years building and running institutional commodities trading operations: Société Générale, Lehman Brothers through the 2008 collapse, Crédit Agricole CIB as Global Head of Commodities Structured Products, BBVA as Global Head of Metals and Softs Trading. Precious metals options market-maker across multiple market cycles. I built trading desks from scratch at three institutions and designed the portfolio optimisation franchise at Eni Trading and Shipping, where I served as board advisor to the CEO.
Advisory relationships have included the World Gold Council and the World Platinum Investment Council, where I contributed to the institutional framework at inception.
I trade my own book and publish what used to stay inside institutions. Each edition takes one thesis — a structural shift in markets, a geopolitical realignment, a capital flow that hasn’t yet acquired a consensus name — and builds it to its conclusion. Sourced data. Original charts. A stated position.
The analytical track record is published openly. Forty-nine verified theses, average 159 days ahead of institutional consensus. Because opacity is for people who have something to hide.
The archive includes the Europe series, the New Money Architecture series, Water Wars, twenty-plus strategic intelligence briefs, and ongoing coverage of everything from European energy infrastructure to private credit’s structural fragility.
Written for allocators who read footnotes. People who manage serious capital and want a considered view before it becomes the room’s consensus.
Advisory enquiries: privateoffice@mnadalandco.com
