Silver as an investment

Category Archives: Political Economy

Stagflation Signals Loom As Empire Fed Slides To 5 Month Lows

For the second straight month, Empire Fed Manufacturing survey disappointed expectations in December, tumbling to its lowest since July.   Under the hood are glimpses of stagflation as new orders slide but prices paid rise… and employment and workweek number stagnate (if not contract)…

Stagflation Strikes As US Consumer Prices Surge At Fastest Pace In 5 Years

After the hotter-than-expected PPI print, Consumer Prices confirmed that inflation is running hot with the fastest rise since Feb 2012. Notably core CPI (at 2.2%) has been above The Fed’s mandated 2% ‘price stability’ level for 15 months in a row.   Of course, one of the big drivers of this price surge is in […]

Chicago PMI Rebounds To 2-Year Highs After January Crash

After crashing to its lowest print in a year (in January), MNI’s Chicago PMI soared in February to 57.4 – well above the highest expectation – to the highest since Jan 2015. The median estimate of 35 economists was 53.5 – this surge to 57.4 is above the highest of those expectations with 6 of […]

Gold Holdings Slump Most Since 2013 As Barbarous Relic Tests ’11’ Handle

Gold ETF Holdings have collapsed by 1.93 million troy ounces in the days since Donald Trump's election. This is the biggest decline since July 2013, a period when gold prices plunged to $1200 before ripping almost 20% higher in the next few weeks. Bloomberg reports that traders have raised bets on higher borrowing costs following […]

WealthCycles: Them’s the breaks! – WWI Breaks Out, Gold Standard Breaks Down

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Some of this chapter made it from my first book, Understanding Money, to the first draft of Guide to Investing in Gold and Silver, but was later cut by the editors.  It shows the economic consequences of war. It is […]

WealthCycles: Italian Populist’s Call for Smaller Government Falls on Deaf Establishment Ears

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Beppe Grillo, popular leader of the 5-Star Movement, champion of smaller government and less government spending, has yet to get his message across to the more conservative Italians, who watch little media, in some respects a function of demographics, they […]

When Murray Rothbard Schooled James Buchanan on Basic Economic Theory and Method

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. mises.org / Joseph Salerno / Friday, May 2nd, 2014 Working for the Volker Fund during the 1950s and early 1960s provided Murray Rothbard with the opportunity to read and write reviews and memos on hundreds of books on the social sciences, […]

WealthCycles: Myanmar Census Stirs Ancient Ethnic Divisions

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. For 30 years Myanmar (Burma) has gone without a census. The ruling military junta, unresponsive to popular needs, had little need for a broad understanding of the population. The three-year-old civilian government, however, has pledged to seek an accurate representation […]

Guest Post: Why Keynesian Political Economy Is Theft

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. zerohedge.com / MONTY PELERIN / 03/02/2014 20:35 -0500 The plague of our time is Keynesian economics. It has destroyed the economics profession and enabled the political class to obtain powers never intended. Keynesian economics provided the intellectual cover for the criminal class […]

WealthCycles: Buy-To-Rent Income Sliced Up Threatens Intergenerational Wealth Transfer

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The past year has seen a dramatic transformation in the American housing landscape. Large institutional investors have bought up huge swaths of single-family homes in the nation’s choicest locations and slapped up rows of “For Rent” signs on streets once […]