Tag Archive for: profit

Silver Crash Makes Silver Trash?

Silver Price Crash September 29, 2021

The price of silver dropped a dollar, or over 4% on Wednesday. Some voices in the precious metals press want you to think that there is only one conceivable cause. We should coin a term for this form of logical fallacy: argumentum ad ignorantia. This is an argument of the form: “the cause must be […]

Lower Prices, Stronger Fundamentals

Lower Prices, Stronger Fundamentals

Since last week’s Report, the price action has been downwards. The price of gold dropped about $50, and that of silver $1.35. The gold-silver ratio rose to its highest level since the end of 2020.   Technical chartists are either throwing in the towel, or tearing their hair out. We advise against tearing one’s hair […]

The Purchasing Power of Capital, Report 29 Sep

We discuss capital consumption all the time, because it is the megatrend of our era. However, capital consumption is an abstract idea. So let’s consider some concrete examples, to help make it clearer. Flipping Homes, Consuming Capital First, let’s look at the case of Timothy Housetrader. Tim has a small two-bedroom house. Next door, his […]