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!

Red Alert! Frontside INTEL Coming In

May 15, 2013 9:48 am est

On a Personal Note…

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

I will keep today’s commentary brief so as to draw your attention to the breaking news that matters. There is a tremendous amount of information from some of the worlds leading gold & silver experts that not only proves manipulation in these markets, but also how it is coming to an end.

With that said, I would encourage anyone with open positions in futures, physical or otherwise to pay down those loan balances and margins and dollar cost average down on a dollar for dollar basis so as not to lose those vitally important positions and acquisitions of precious metals.

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

May Health Wealth And Success Be Yours!

Eric Weigand

The Silver News Surfer


Indisputable Proof Paper Gold Markets are Massively Manipulated – What would you think if someone told you the following? “Three times this week, I am going to tell you the low price of gold with near perfect accuracy, and one of those three times, I am going to tell you events that will precede the low and the exact time that gold prices will crash.” You’d think someone was under the influence of manipulation right?

I firmly believe that when these banker raids in the paper price of gold and silver fail in the future (see “Why the Western Banking Cartel’s Gold and Silver Price Slam Will Backfire” here to learn why) that the confidence in global currencies such as the yen, the USD, the euro, and the pound sterling will plummet, and ultimately this rapid loss in confidence in fiat currencies is what will drive gold and silver rapidly to higher prices.

Read More Here

How A Criminal Syndicate Of Banks Is Raping The Gold Market – Outspoken Hong Kong hedge fund manager William Kaye also spoke with King World News about exactly how this is being done and who is profiting.  Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, had this to say –

The same people who rigged LIBOR, I’m telling you are very obviously rigging the gold market.  It’s so obvious that only the mainstream media would not be able to figure this out.”

Read More Here

Global Hyperinflation Coming – Gold expert Nick Barisheff says the plunge in the gold price is sparking demand.  Barisheff contends, “Usually when there is a big drop in price of paper, there is also a drop in demand on physical gold.  This is the first time I can remember that it has gone the opposite way.

People perceive the drop in price as a gigantic buying opportunity.  It’s on sale at a lower price.”  The dollar is going to dramatically lose value.

Read More Here

Gold buying becomes frantic in India, strongest since 2008 – On Monday’s Akshaya Trithiya festival, the demand was so high that some jewelers opened their shops at 7 am. People stood in queues for hours to buy coins, bars, and ornaments, hoisting sales to the brisk pace last seen in 2008 when gold prices were half of the current level.

The sudden surge in demand has prompted the World Gold Council to say India’s imports this year will exceed earlier estimates of 865-965 tonnes.

Read More Here Also Read India Trade Deficit Deteriorates As Gold Imports Soar 138%

The Move To Global Hyperinflation Is Now Accelerating – Matterhorn Asset Management of Switzerland says – what we are seeing here with the booming stock markets and weak currencies is a clear sign of the hyperinflation that is guaranteed to come.

The booming stock market is the first sign of hyperinflation.  That is always the case. The US stock market is also booming due to printed money.  It has nothing to do with the economic prospects in the US whatsoever. Despite the recent weakness in the metals, I wouldn’t be surprised to see new highs in 2013.

What investors need to focus on is the fact that hyperinflation is coming.  This is becoming clearer and clearer by the day.  So they must own physical gold and silver and store it outside of the banking system.”

Read More Here

Red Alert! Frontside INTEL Coming In: Trillions Of Dollars Coming Back To The US! – Word on the “street” is that there are trillions of unused, unwanted US dollars coming back to flood our markets in the next few weeks!!! Do with it what you will! Is this the reason the FED is going to be stopping QE?

Read More Here

US Dollar Collapse Imminent by Stansberry Research – A bit of a long read, but once you start, you can’t stop.

Read More Here


It Was Only a Precursor to What’s Coming

Author : Bill Holter

Published: May 13th, 2013

The last 4 weeks has seen huge and unprecedented global demand for both gold and silver.  Between just China and India the demand was close to 400 tons of gold… then you add in the rest of the world.  Compare this 400 tons (from just 2 countries) to the 200+ tons that was dug out of the ground over the same time frame.  During this period we saw sovereign mints go into “ration” mode as they could not keep up with demand and struggled to procure the necessary volumes of blanks.

We also saw “junk” silver supply completely wiped out with none available.  Prior to the supply shut out, junk was well over $5-$6 over paper spot, or a 20-25% premium.  Delivery times for both metals were stretched out 3-6 weeks depending on product.

Basically this “episode” has shown just how fragile the supply chain really is.  While premiums have now slightly lessened and delivery times a little bit shorter I think it is important that you look at what just happened as merely a precursor or warning to what WILL happen.  Here in the U.S. people are still sleeping for the most part, maybe not “soundly” but they are sleeping with the thoughts that “the government will never let it happen.”  As long as current policies are continued, they ARE making “it” happen.

What we have just witnessed in merely a pre shock warning and a “roadmap” if you will, to what will eventually happen.  A mad rush into the metals can begin at any time for any number of reasons.  The list just keeps growing as does the fiat outstanding that will do the “chasing.”  The problem is that as just illustrated, supply has no depth whatsoever and the bottom of the barrel has already been exposed.

The next time a wave of buying hits this market (not that the current wave is done) may be the last time that the demand gets met by supply.  Once supply is gone, it is gone.  This is not like the banking system where a bank runs out of money and calls their central bank for more.  It takes real sweat, labor, equipment and capital to dig gold and silver out of the ground.  “Supply” doesn’t happen with the wave of a magic maestro’s wand.

Another “anomaly” in the precious metals market is that demand will actually increase if supply gets tighter or price begins to go exponential.  This is the fear factor where once you are told “you can’t have that because there isn’t any available” makes you want it even more.  Forget about greed, “fear” is what will take the physical product out of the market.  It could be anything that tips the scale.  It could be a European sovereign or a bank.

It certainly could be the Japanese bond market that is currently in crash mode.  It could be further QE in the US or a slowdown of QE.  It could even be that US “goodwill” fails because of the Benghazi and IRS sleights of hand.  It could be anything from anywhere on the planet, it could be as minuscule as an ATM machine running out of cash in the tiny country of Luxembourg.  The financial forest is tinder dry while politicians, bankers and alchemists of modern finance the world over are throwing cigarette butts and fireworks in all directions.

I know that I must sound like a broken record here but supply cannot meet demand which is THE most basic premise.  Supply has had to come from somewhere and that “somewhere” now has less inventory than it did just one month ago.  How many more body shots can the supply take?  I don’t know the answer to this question, I do know that sooner or later a run on the bank is a certainty and that the bank does not have unlimited supply.  Don’t be one of those who will say “woulda coulda shoulda” because you still can… for now.