Silver News

The Mission Of The Silver News Surfer Has Always Been & Will Always Be - To Preserve Your Wealth, Protect Your Purchasing Power and Create Generational Wealth!

May Health Wealth And Success Be Yours!


Central Banks Bought Most Gold in Nearly 50 Years – Here’s Why…

Silver Bullets
  • If Central Banks Are Buying "Record" Amounts of Gold... Do They Know Something I Should Know?
  • Sprott Calls This Platinum & Palladium Breakout Year... Here's How To Profit.
February 14, 2013 1:00 pm est

Feb. 14th 2013 8:00am est

Top Economic Advisers Forecast War and Unrest -Kyle Bass, Larry Edelson, Charles Nenner, James Dines, Nouriel Roubini, Jim Rogers, Marc Faber and Jim Rickards Warn or War – Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives.

Read More Here 

RED ALERT: Obama Signs Cyber-Security Executive Order – Department of Homeland Security To Regulate the Internet:

Read More Here 

Sprott: Platinum & Palladium’s Breakout Year –  Professional investors have noticed and are expressing concern over the consequences of concerted currency devaluation and the continuation of zero-percent interest rates. PIMCO’s Bill Gross, aka “The Bond King”, is now regularly touting gold and hard assets as a prudent investment in 2013.3 While his advice appears to have fallen on deaf ears, interest in inflation protection is once again on the rise. We continue to believe that precious metals remain the place to be invested in this environment and are always interested in different avenues with which to participate in the sector’s inevitable rise.

Read More Here 

Gold at $5,000 and Beyond: Peter Schiff sticks to his call- Schiff says government calculations are not accurate and we’ve got a CPI averaging between 5% and 7% a year.  Watch Krugman vs. Schiff He’s not the only one concerned about hyperinflation though. Check out what veteran trader Art Cashin had to say earlier this week.

Read More Here 

Central Banks Bought Most Gold in Nearly 50 Years – Central banks bought 534.6 metric tons of the precious metal last year – the most since 1964 – led by Russia, Brazil and Iraq. Ric Spooner, chief market analyst at CMC Markets expects this trend to continue, noting that there is a, “broad tendency for the U.S. dollar to decline in value with the Federal Reserve’s QE policies. Assets like gold are a hedge against debasement against foreign exchange reserves.”

Read More Here 

(Reuters) U.S. Gold Bars & Coins Find New Home Overseas on Asian Demand – Booming demand for gold as a store of wealth among Asian investors is driving physical gold bars and coins out of the United States and into Asia. A growing number of gold vaults for affluent Asians and new precious metals investment products, particularly exchange-traded funds, have led to an exodus of gold owned privately from the United States into emerging economic powers such as China. On Friday, Commerce Department data showed U.S. exports of nonmonetary gold, which excludes central bank transactions, soared by 43 percent to $4 billion in December from the previous month. That’s the highest total and the biggest month-on-month jump in U.S. private gold exports since September 2011, when gold rallied to a record high over $1,920 an ounce.

Read More Here 

End