Silver as an investment

Category Archives: Reflexivity

In The Shadows Of Black Monday – “Volatility Isn’t Broken… The Market Is”

Authored by Christopher Cole via Artemis Capital Management, Volatility and the Alchemy of Risk The Ouroboros, a Greek word meaning ‘tail devourer’, is the ancient symbol of a snake consuming its own body in perfect symmetry. The imagery of the Ouroboros evokes the infinite nature of creation from destruction. The sign appears across cultures and […]

SocGen: “Global Earnings Are Back To 2014 Levels; Stocks Are 15% Higher”

Is it QE or is it earnings? With the Dow starting off the final quarter with a bang, surging to new all time highs alongside the S&P, few care what is prompting the latest surge in risk assets, which is a problem because as One River CIO Eric Peters noted yesterday, we have gotten to […]

Brodsky: “A Socialized Market With Guaranteed Positive Returns For All Must Fail”

Submitted by Paul Brodsky via “Selfishness is a virtue.”        – Ayn Rand “Selfishness is profitable, but for institutionalized investors it takes courage to be selfish.”        – Paul Brodsky Self-Serve In Passive Aggressive, we made the case that ETFs can be useful vehicles for thoughtful active investors. A few people agreed with our […]

Hedge Fund CIO: “This Is Why So Many Intelligent People Get Destroyed By Market Trends”

Some thoughts from the latest weekend notes by Eric Peters, CIO of One River Asset Management Anecdote “When they laugh at your idea,” said the esteemed investor. “That’s usually a good place to start,” he continued. We were discussing thematic investing. “The first stage of any paradigm shift is a humiliating period for those who […]

What Trump Means For Vol Trading: “This Is The Start Of Global Regime Change”

Via Artemis Capital Management, The world changed the night of November 8th when Donald Trump rode a wave of populist anger to become the president elect of the United States of America. Many readers of our investor letters know that Trump’s victory was not a surprise to Artemis… as I observed with fascination how many […]

Mark Yusko – A Conversation Between Capitalists (Part 1)

By Chris at It was over a week ago now that I had a conversation with CEO and CIO of Morgan Creek Capital, Mark Yusko. It’s one of the true pleasures of my work: speaking with the sharpest minds in the investment world – from the fine, dignified, and exceptionally bright, right through to the unrefined, rough […]

Jeffrey Miller: “I Don’t Know How Dumb Things Will Get Before Central Banks Finally Stop”

Jeffrey Miller’s weekly letter did a masterful job describing how the Fed is simultaneously the most destructive organization on the planet yet also now the most useless.  As we have done on numerous occasions, Miller points out the many negative consequences of the misinformed Fed policy that has driven a record $13 trillion of government […]

ZeroHedge: Something Strange Emerges When Looking Behind The “Brexit” Bookie Odds

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Two days ago we pointed out something surprising: according to Ladbrokes’ head of political betting, Matthew Shaddick, the key catalyst that moved bookie odds on Monday morning, the first day after the suspended campaign in the aftermath of Jo Cox […]

ZeroHedge: Brexit: All Eyes On European Banks

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Lewis Johnson via Capital Wealth Advisors, “If you go then I’ll be blue cause breaking up is hard to do.” Neil Sedaka   “France and Great Britain shall no longer be two nations, but one Franco-British Union. The constitution […]

ZeroHedge: Restoration Hardware Stock Crashes After Company Slashes Guidance

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Last quarter, the stock of Restoration Hardware crashed after it announced dreadful earnings, which however were somewhat redeemed after the company came up with the most original of excuses: in an exercise of absurd reflexivity, RH blamed its own falling […]