Jeffrey Lewis

Articles by Jeffrey Lewis

`Let the jury consider their verdict,’ the King said, for about the twentieth time that day.

 `No, no!’ said the Queen. `Sentence first–verdict afterwards.’

`Stuff and nonsense!’ said Alice loudly. `The idea of having the...
“Profound ignorance masquerading as wisdom – all the worse from the mouths of the prestigious,  the PhD,  the Nobel prize winner….” – Unknown

It’s time to revisit British economist Peter Warburton’s April 2001 classic tome “...
56,859 contracts represents over 284 million ounces of silver in a market with a total of just under one  billion ounces in open contracts (open interest of 197,092) and a combined warehouse “physical” inventory of just over 180...
Despite the continued technical, paper induced bias to the downside, recent news that the US Mint has stopped silver eagle production is once again is being singled as the likely cause for the premium surges now being observed across all...
The cycle of hyperinflation is already upon us. It was set in motion long ago.

We are in the ultimate conundrum. Politically, the US Government, Treasury, and Central Banks must satisfy – pay for – unfunded liabilities and promises....
We are playing with fire. 

How quickly we forget about the power of compounding interest - in reverse. 

The world is limping along at ultra-low interest rates. Otherwise benign movements from such extreme lows are magnified...
The question of how to speak to others about this:



Concessions



Earthquake



In the end – the course we are on – the only thing left.


So I’m tired of apologizing

Charlie brings up a familiar narrative including...
Here comes the “Better than Cash Alliance”.

So unless they can find a way to exempt themselves from this madness it will die in Congress.

The tighter they grip it, the more sand falls through their fingers.

Whistling past the...
In a world of full of concessions, and a financial system rife with complexity, it is often too easy to lose sight of basic economic principles. This is especially true when it stops becoming a show that you watch and begins to be a...
Question from a fellow silver highwayman.

“I don’t understand why the major silver producers don’t set their own prices – why let the brokers set the prices. If the producers stop selling forward contracts, this nonsense all stops.”...

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The word ‘silver’ originates from the Old English Anglo-Saxon word 'seolfor'

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