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!


US Mint Sells A Record 63,500 Ounces Of Gold In One Day!

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April 18, 2013 8:10 am est

On a Personal Note…

 

Just FYI – In case you were not aware – Aside from great advise and good reading… The Silver News Surfer does sell silver and gold.

 

Obviously by now, you all know that The Silver News Surfer is a metals bug, but in no way is the Surfer a conspiracy theorist; but it is suspicious that on the Thursday before the Friday gold collapse there was an 11:00 AM meeting of all the major bankers at the White House. Coincidence? Perhaps, or maybe not. Are things unraveling so fast that these criminals cannot cover their tracks more carefully.

As I have tried to explain before – If the Central Banks are so desperate to smash the price of paper metals to scare the heck out of you, there must be something greater going on behind the scenes even worse than we can imagine, the truth shall soon reveal itself.

One thing is for sure, If they want the gold & silver that bad, then you know it must me good for us! Don’t let them steal an ounce from you – You have the opportunity right now to “stick it to them” by BUYING MORE PHYSICAL and taking it away from them manipulating bast..ds! In this piece How The Criminal Banking Cartel Is Destroying America shows a picture of what goes on behind the curtain in the far away land of oz.

It appears that the rumors on the default of the COMEX are increasing and there will be none left to deliver! If you recall, shortly after the collapse take-down of MFGlobal in October of 2011, Ann Barnhardt walked away from Barnhardt Capital Management, and published a prescient prediction on the coming collapse of the paper futures markets, as the loss of confidence by arbitrageurs in the paper markets would result in a decoupling of the cash markets from the futures markets.  Barnhardt warned readers

Also, John Embry said in an interview last night – Physical Buying Intensifying On Lower Gold Prices So, as noted yesterday, the prices are being smashed in the “paper” exchanges, yet the premiums on “physical” are increasing tremendously because physical demand is skyrocketing at the highest level since 2009!

I think people are starting to get the same erie feeling of a 2008 event and they’re not taking chances anymore!

If you are late to the party, please don’t get angry with me when our prices have to rise also and then we have to pass those increases on to you, that is out of my control; but I will remind you that when the spit hit the fan, you are not going to care how much the premiums are, you will be lucky to buy an an ounce of anything! However, you can avoid busy signals and rejections and high premiums if you take this opportunity now!

May Health Wealth And Success Be Yours!

I am here to serve you –

Eric Weigand

The Silver News Surfer

954-639-3059

Now, onto the business of protecting your wealth…

I realize that people are scared and confused. The calls and emails I have received are asking generally – Eric, I thought you said silver & gold are supposed to preserve my wealth, protect my purchasing power and create generational wealth… how can we accomplish this if the price is falling?

Great questions, keep them coming! You see guys, the answer is very simple and it can be summed up in one word – TIME!

In order to preserve wealth, protect purchasing power or even create generational wealth, one cannot look at the daily noise, we must focus on the future!

Throughout TIME, which has the most value in this chart?

gold-vs-dollar 1

If these are your goals, then you simply set it and forget it – period!

The fundamentals have not changed one bit since gold was $250 an ounce in 2001 in fact, the fundamentals have only been stronger, but I don’t take your concerns lightly.

If you are in gold and silver to preserve your wealth, you are in the right vehicle, but for one to accomplish this goal, TIME is involved. This is very similar to the reasons you started an IRA years ago (although I would be extremely careful right now with your IRA – see the first article below) So if you have an IRA for your “future” you have no intentions of spending it now right? So set it and forget it. (See chart above)

If you are in gold and silver to protect purchasing power, then you too are in the right vehicle, but again, to accomplish this goal TIME is involved. (See chart above.)

If you are in gold and silver to create generational wealth, then you too are in the right vehicle, but again TIME is involved. In fact, maybe this brief video I have put together may help you to understand. (please forgive the quality of the video and focus on the message) then, see chart above.

Conclusion:

As you can see, regardless of what happened through any period in history, precious metals have always done their job of preserving, protecting and creating – now here’s the greatest part… TIME!

My point is that if you are invested in paper proxy’s such as ETF’S SLV, GLD or even the most dangerous of them all… Futures you don’t have TIME, but with physical gold & silver TIME is on your side!

If you are invested in the physical gold and silver markets and you are smart enough and have the resources to pay in full – then you have a massive advantage over other investors and most importantly, the Central Banksters and Uncle Sam – and that is TIME!

So I would recommend to you my dear friends and follows – check your emotions at the door and don’t ever forget the core reasons that you accumulated gold and silver in the first place!

If you then remember the reasons, you will be dialing your phone as fast as you can to BUY MORE at these amazing levels while supplies last!

Now, on to the breaking news that matters…

Get Ready Friends, It’s all going to unravel at once – Retirement Savings Accounts Draw U.S. Consumer Bureau Attention – The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments. “That’s one of the things we’ve been exploring and are interested in in terms of whether and what authority we have.

Read More Here

Not Just a Little Guys, but a Massive Run On Physical Gold & Silver At UBS & Scotiabank – The damage in gold will not be long-term because physical supply is already drying up.  Asian countries have been aggressively buying gold.  This really is an unprecedented opportunity for investors.  This take-down in the metals has created incredible demand for both gold and silver, and anyone who wants to unload dollars or euros and put them into gold because they don’t trust the currency, now is the time to do it.”

Read More Here

Dollar Decline Confirmed! – As I have been saying for over a year now, the dollar will not make new highs, and it will collapse as the consequences of QE infinity ultimately take their toll. Today the dollar confirmed that an intermediate degree decline has begun by closing strongly below the previous daily cycle low. A new pattern of lower lows and lower highs has now begun.

Read More Here

Scary Pattern Could Be Forming on S&P 500 Charts – A scary head-and-shoulders pattern could be building in the S&P 500, and this negative chart formation would be created if the market stalls just above current levels. “It’s developing and it’s developing fast,” said Scott Redler of T3Live.com on Wednesday morning.

Read More Here

While some weak investors were selling gold, the US Mint sold too, but in a different way – They sold a a Record 63,500 Ounces Of Gold In One Day – According to today’s data from the US Mint, a record 63,500 ounces, or a whopping 2 tons, of gold were reported sold on April 17th alone, bringing the total sales for the month to a whopping 147,000 ounces or more than the previous two months combined with just half of the month gone.

Read More Here