Jeffrey Lewis
Articles by Jeffrey Lewis
We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US $100 billion. This arrangement will have a positive precautionary effect, help...
The ongoing plight of the long term value investor continues - seemingly without end. However, decades of exuberance and greed have colluded. The financial establishment has created an accident waiting to happen. The mainstream has not "...
Silver is not just any old commodity. It is old money. Despite massive efforts and price fixing, clipping and manipulation, it has remained central to monetary and political systems for centuries. Today it is small and relatively dark in...
Despite the persistence of the recovery meme, financial markets are more fragile to risk than ever before. On top of this, witness the slow creep of policy disguised as regulation. It comes for the low hanging fruits. The final labors of...
Economic suffering is occurring all around you. For the most part, it is confined to the voiceless and those that (socio-economically and/or demographically speaking) didn't have very far to fall to begin with.For everyone else there is...
Price discovery in all commodities is an electronic paper affair. While the macro-economy and the geopolitical provide a distant framework, they do not wield significant direct influence. The "discovery issue" occurs across the board, but...
A recent article we published last week brought up some interesting commentary worthy of expansion. Particularly, with regard to money velocity and complexity theory.Here is a recap of the main points of the article...If the amount of...
Primary gold investors versus silver investors are not exactly alike.Swapping gold for silver is a trade always worth considering, especially when the ratio blows out as wide as it is now. Portability is one obvious reason for the reverse...
This is the mentality of our economic leaders-The consensus is that there hasn't been enough stimulus. It was a political thing. Too much headwind up against what they should have done.It's almost futile to resist.We should not fight the...
The missing variable in the great monetary equation is money velocity. We hear it over and over again, "There is no money velocity." And therefore, inflation cannot be a problem and is not.Yet, there is a great divergence between the...
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