Silver as an investment

Category Archives: speculative bubble

Peter Schiff: Bitcoin Heading To $0, Many Bitcoin Investors Will Lose EVERYTHING

Investor Peter Schiff is warning once again about Bitcoin’s massive speculative bubble. Schiff, who is well-known for predicting the 2008 financial crash, is saying it’s those who are buying in now will be the most vulnerable when Bitcoin hits $0. “People who got it years ago, even people who got it at the beginning of […]

Bumps, Dips, Bubbles, and Storms – Part 2

Bumps, Dips, Bubbles, and Storms Part 2   The Return To Gold Throughout the 1920s most of the world returned to gold because the Classical Gold Standard had worked so marvelously well before WWI. It was the greatest period of international trade and stability the world had ever seen and the world longed for the […]

Bumps, Dips, Bubbles, and Storms (Part 1)

I had to split this chapter from my first book, Understanding Money, into two parts because of its length. It takes you on the wild economic ride from the end of WWI, the depression of 1921, the Florida real estate bubble, through the roaring 20’s, and ends with the stock market crash of `29. The […]

Law Learns a Lesson – The Mississippi Bubble

This chapter did make it into my book, but the editors watered it down by removing a few paragraphs and all of the colorful quotes from the wonderful little book, Extraordinary Popular Delusions and the Madness of Crowds, written by Charles Mackay in 1841.  I have now restored it to its original state.  All quotes […]

Who Killed Facebook?

Despite evidence to the contrary—such as 1.28 billion monthly users and a $1.84 billion market valuation as of March 13—online social network Facebook is dying, according to a paper by two Princeton academics published in January. The Princeton study predicts that Facebook will lose 80% of its peak users by 2017. The Princeton results reaffirm […]

Asian Silver Demand, State Legal Tender Laws Signal Move to Gold, Silver

In May of 2012 we wrote Shanghai Exchange Begins Physical Silver Delivery Shanghai Silver, and an update is due, as since then, now almost two years on, an immense demand has emerged on par with the famed Asian love for the yellow metal. As you can see in the chart below, silver deliveries out of […]

What Are Speculation and Deflation, Just More Capitalism?

What is speculation and what is deflation? Depicted in the “lamestream media” as unethical and dangerous, respectively, in fact they are beneficial cornerstones of free market capitalism. Speculation and deflation are two of the most hated words in lamestream media and new-age textbooks, thanks to the “New Economics” of John Maynard Keynes. But Keynes was […]

What Are Speculation and Deflation, Just More Capitalism?

  What is speculation and what is deflation?   Depicted in the “lamestream media” as unethical and dangerous, respectively, in fact they are beneficial cornerstones of free market capitalism. Speculation and deflation are two of the most hated words in lamestream media and new-age textbooks, thanks to the “New Economics” of John Maynard Keynes. But […]

Facebook IPO- Shares Spike Valuation to $178 Trillion

Yes, you read that right, Facebook was briefly valued at 3 times larger than the entire world output. So there is nothing wrong with present-day markets? See our piece Are the Machines in Charge?

2.8 billion shares x €50,000 = $178 Trillion “market”…

Overt Currency Printing – Round 3

The Federal Reserve holds eight regularly scheduled meetings annually, and other emergency meetings as needed. These meetings are where the carefully crafted Fedspeak message is painstakingly explained for us rubes. We believe that there is a clear dif…