Jeffrey Lewis

Articles by Jeffrey Lewis

There is an unspoken difference between debt that is designed to be paid back and debt (disguised as perpetual flow) to finance pre-existing streams of debt service.

The second type of debt is a Ponzi large enough to make Bernie Madoff...
“The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.”

-Winston Churchill

Let’s take a look at this quote in the context of physical silver. I don't think it's going out a limb to...
“I think this is a time where people will look back on us and see it as a period of practically central bank worship.”   - Jim Grant

Central bank equals big private-publicly owned banks. The populace still holds a collective...
"There are some ideas so wrong that only a very intelligent person could believe in them."

-George Orwell

In a recent widely distributed associated press article, Bond Market Bubble is Looking Fragile, Bernard Cohen correctly (...
“We have deep depth.”- Yoga Berra

The dollar institution is much larger than the Fed, the Treasury or the entire basket of FOREX that derives relative values of backless currencies.

Market action makes market commentary. Few question...
I keep hearing...

"You don't want a world where silver is $350 or gold is $10000".

Maybe not. But the probability of that happening, with all the "known, knowns" of risk - make it crucial to own some amount just in case.

Obviously...
I think it's normal to have doubts - especially in rigged markets like this. Stockholm Syndrome creeps in and we begin questioning everything.

Commenting on these markets over the last decade, I often wonder how long they can keep it...
Purchasing and securing precious metals is easy. It's like stepping out of the river where you can see the mainstream headed for the big waterfall.

Figuring out when to jump back in the river and bring it back into the system is a...
“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.”
-H. L. Mencken

Recently, The U.S. Treasury...
“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.”
- Nikola Tesla

The silver market is always one day from panic. The same could be said for the bond market or the dollar. In the age...

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US silver mining began on a large scale with the discovery of the Comstock Lode in Nevada in 1858.

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