Here we go again! The Metals market is under attack this morning and that can mean only one thing… Another accumulation opportunity!
I realize that some of you may get anxious about another drop in “price” but again, I’m here to remind you to focus on the “value”, not the “price”.
When you wake up and see a drop in price and can’t find any news related to the drop, you know it’s just manipulation and that should give you confidence that you made the right decision.
The reasons? Lets take a quick stroll down memory lane…
1) Cyprus: When the banks do re-open, it’s pretty fair to say that if this were you and me, I would be one of the first in line to get my money out. Then I would do what I talked about yesterday… prepare my fort to become an independent Central Bank.
2) Last week the FED meeting concluded and assured investors that the $85 Billion per month of asset purchases would continue, thus weakening the dollar even more.
3) N. Korea continues it’s threats against an all out attack on the US – Also, there are the geo political tensions with Israel and Syria.
4) Inflation as you and I know is a lot higher than reported by the FED, yet they think it’s tame and under control, but again, you and I are not dumb and we feel the pain every time we go to the gas pump and the grocery store.
5) We also that we are in a secular bull market in precious metals and secular bull markets last for 20-30 years and we are in year 13.
To recap: We have all the necassary fundamentals in place that assure us that every investor should have silver and gold in a portfolio for protection of wealth, preservation of purchasing power and to create generational wealth… PERIOD!
We are being lied to by the same people we voted into office to tell us the truth, to protect us, to speak for us on our behalf, to stand up for our rights according to the Constitution of the United States of America.
This is why I stress everyday that this is a different time, a time like no other and we must make the necessary adjustments to adapt to different times.
If you’re goal is to preserve your wealth, protect your purchasing purchasing power and create generational wealth, than you are in the right time and in the right place with the right opportunity staring you in the face… the question is … will you take advantage of it?
I would like to point out this brief video that I feel is the best description of what is going on and what we should do to protect ourselves. It makes this situation crystal clear.
In the interest of your time, when the video starts to play, fast forward to 5:40 to get to the point I am trying to make.
Eric Sprott’s silver lining to banking crises – Another great update by Mr Sprott He discusses what investors should and should not have in their portfolio as it pertains to wealth preservation, so if you have any loss in confidence in the metals, grab a cup of coffee and watch this brief video, then hang up and call me at 561-746-5844
10 Lessons Cyprus Is Teaching The World About Money & Gold –
The Cypriot case is all over the place, in all types of media. However, it is amazing how the following simple facts remain underexposed. It is one thing to look at the news; it is another thing to look at the learning that comes out of the news. For those who are willing to see, here is what Cyprus is teaching the whole world about money, the debt crisis and gold – Again, the protection of wealth is not only about making money, it’s also about hanging on to what you have!
US Mint Sells Another Whopping 1 Million Ounces of Silver Eagles at Virtually Record Premiums! The US Mint has just updated March Silver Eagle sales for the first time since 3/21. In the wake of the Cyprus banking collapse, the US MINT HAS SOLD NEARLY 1 MILLION OUNCES OF SILVER IN 4 DAYS!!
North Korea puts rocket units on alert to ‘attack US’ North Korea has elevated its artillery and strategic missile forces to “combat-ready posture” and said it is prepared to strike targets in South Korea, Japan, Guam, Hawaii and the continental US.