Silver as an investment

Category Archives: Financial Capital

We’re Living In The Age Of Capital Consumption

Authored by Ronald-Peter Stöferle via The Mises Institute, When capital is mentioned in the present-day political debate, the term is usually subject to a rather one-dimensional interpretation: Whether capital saved by citizens, the question of capital reserves held by pension funds, the start-up capital of young entrepreneurs or capital gains taxes on investments are discussed – […]

The Big Reversal: Inflation And Higher Interest Rates Are Coming Our Way

Authored by Charles Hugh Smith via OfTwoMinds blog, This interaction will spark a runaway feedback loop that will smack asset valuations back to pre-bubble, pre-pyramid scheme levels. According to the conventional economic forecast, interest rates will stay near-zero essentially forever due to slow growth. And since growth is slow, inflation will also remain neutral. This […]

Goldman: Global Capex Is Accelerating (But It Might Not Be Good News)

In “Capex complex: Seeking a revival in global capex”, Goldman Sachs is reversing its bearish stance and getting bullish on global capex prospects. Global capex has hit a trough. After three years of declines, aggregate capex for Goldman Sachs’ coverage of c.2,500 companies is set to grow by c.4% yoy in 2017 according to our […]

Financialization & The Destruction Of The Real Economy

Authored by Charles Hugh Smith via OfTwoMinds blog, Strip an economy of capital, productive incentives, talent and yes, ethics, and what are we left with? An economy spiraling toward an inevitable collapse. Financialization is destroying the real economy, but few in power seem to notice or care. The reason why is painfully obvious: those in […]

Consumerism ‘Softens’ The Reality Of Powerlessness

Authored by Charles Hugh Smith via OfTwoMinds blog, Consumerism is a simulacrum of real economic agency. There is perhaps no better metric of class in America than personal power–what is known as agency: the power to influence or transform one's circumstances in a a self-directed manner. Those with agency have power, those without agency (or […]

There Is Only One Way Out of Debt-Serfdom: Fanatic Frugality

Authored by Charles Hugh-Smith via OfTwoMinds blog, Debt is serfdom, capital in all its forms is freedom. If we accept that our financial system is nothing but a wealth-transfer mechanism from the productive elements of our economy to parasitic, neofeudal rentier-cartels and self-serving state fiefdoms, that raises a question: what do we do about it? […]

“Everything Is Not Awesome” – Don’t Be The Turkey

Submitted by Lance Roberts via, Review Let’s start with where we left off last week for some context. “The post ‘Trexit’ rally that started on Wednesday took out the first two levels of resistance with some ease. However, the “sell signal” remains intact with the market now back to extreme overbought levels as shown by […]

New York Lost The Financial Capital of the World – It’s London

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / By Martin Armstrong / July 17, 2013 QUESTION: Did New York follow the 224 year cycle peaking as the financial capital of the world? First Bank of the United States – Third Street, Philadelphia ANSWER: No. The first financial capital of […]

Asia – The Coming New Financial Capital of the World

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / By Martin A. Armstrong / October 11, 2012 One of the most significant advantages of gathering historical information on the rise and fall of nations throughout history, has been the discovery of the true nature of the world […]