Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

A Time to Prepare

Stock-Markets / Financial Markets 2015 Dec 19, 2014 - 06:34 PM GMT

By: Dr_Jeff_Lewis

Stock-Markets The observation of modern finance through the lens of sound money requires an onion peeler. Each time I imagine onions, I think of my soft contact lens patients; the ones who abuse them.  I think of the patients who wear them too long or through periods of mild irritation or redness and practice poor hygiene. 

Soft contact lenses mask normal corneal sensitivity. They act like tiny onion goggles. With soft lenses in place, one can literally chop onions and not feel the normal irritating sensation at all.  The problem is they tend to be the last to know about the trouble.


They can tolerate the underling problem before it becomes a bigger issue like an infection or inflammation - which can lead to permanent damage. But when the pain breaks through it’s never pretty. Everyone is miserable. People generally consider vision one of the more important senses.

Financial ignorance will be worse.

Many are in a position to understand. They know better. They are either dependent on it muddling along or observers view the state of financial risk as an odd curiosity —a phenomenon too complex to grasp — and, therefore, outside of their control.

Something they saw or learned about in a documentary. Yet they should be hearing a voice inside blaring a warning.

When something tied directly to each and every part of modern civilization and personal survival has become unrecognizable and alien it is time to act. No one knows when the years of erosion and irritation will reach the collective ‘financial pain threshold’.  Or how that final awakening will be triggered for the masses.

You’ve probably had these conversations many times. I count in the thousands — and often it’s same people who are also abusing their contact lenses. For me, it’s invariably that suspicious, sideways glance that says, “What’s with all the passion about this? So you recommend silver as an investment?”

That usually ends the discussion - politely for most.  Of course, silver is not an investment in the conventional sense of the word. It is a store of value that can be used as a medium of exchange and as a unit of account. 

Yes, silver contains multiple personalities. It’s an industrial metal - in a big way. With many thousands of uses, silver’s industrial ‘persona’ is just slightly less important to modern culture and civilization than oil.

Obviously, this puts a massive constraint on supply; especially compared with gold.

No government stockpiles of silver exist. The largest remaining ‘official’ storage is tied up and held in possession by a massively bloated financial system that literally controls nearly aspect of government, politics, and popular opinion. 

Bloated with paper.

At this moment…Silver and gold are a bet on the stupidity of the modern economists that frequent academic establishments.  Although it isn’t even that personal. The metals are a cheap option against the money captured finance and money printing gone wild.

A put against the insanity of the political system and as if that were not enough, the pricing mechanism (like all financial derivatives) is a “legalized” price fixing drastically covering the truth about physical supply and demand.

One could hope that wading ankle high into the world of precious metals ought to be enough to shift perspective. The act of even a small acquisition - the buying, the holding, the transaction - considering each aspect even in the simplest sense is illuminating.

With the ‘known knowns’ of both now and yesteryear accessible to all. To measure a ‘return’ with anything other than ounces at this stage in the game is absurd. Euros, Rubles, U.S. Dollars, Zimbabwe dollars - it makes no difference.

No one is suggesting putting all of your eggs in one basket. That will not change anything, nor will it protect you - ultimately.

Disaster prep at some level is available to almost anyone. Those with the means have no excuse - and therefore will hold on the strongest and the longest, assuming they can make any problem go away.

I worry that the status quo having a strong enough voice to rise up against this is a false hope.

Because what happens when that collective worth of the status erodes overnight?  Its purchasing power - its leverage — disappears…

When they become the "disenfranchised".

For more articles like this, and/or for a breath of fresh silver market reality amidst the stench of denial and technically meaningless short term price obsessed madness, check out http://www.silver-coin-investor.com

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com

    Copyright © 2014 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Dr. Jeff Lewis Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in