Dr. Jeffrey Lewis

Disaster, by over-optimization, is another important way to frame the much-heralded “just in time” inventory practices which are used broadly by industry and grafted to monetary assets...

The dividing line between silver performing as a monetary asset versus an industrial commodity is tethered to a broken price discovery system, where unlimited position limits are held by the most...

History does not repeat; it rhymes.Current stability comes from confidence and force. We’ve all heard that cliché over and over. But to rhyme is to the use any words you choose. We can...

The Chinese financial system, along with the rest of the emerging market, exist as an extension of “the world is flat monetary policy” on a scale never seen before. It is equally a giant...

The wall of fiat money created over the last five years is staggering, offset only by the stasis that pervades its exchange. Money velocity is the key variable that will signal the character of...

Nothing matters to anybody until it matters to everybody — and by then it’s too late. This could easily be said for the gold and silver price manipulation.The question is whether the end...

Much controversy surrounds comparisons between precious metals and the growing number of crypto currencies. In some ways an ideological wedge has formed between hard asset investors and the most vocal...

The errors of financial policy, led by the world’s central banks have once again created the makings of a massive crisis. Blind to risk, and completely captured by politics and ideology, it is...

The central bank driver world macro structure is in full can-kicking mode. The fuels that have built up are almost too numerous to mention, though some issues continue to be recycled as if they were...

If the new-found mainstream awareness of price manipulation of precious metals is embraced with anything close to the impact of LIBOR and similar scandals, the news may ultimately be a sweet...