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.
Interestingly enough, we’ve got a lot of people calling this the bottom of the correction in silver and gold and the top in the equities… Who is right and who is wrong remains to be seen. I still hold the view that it doesn’t matter who is right – To have an opportunity to buy silver down at $22 is a phenomenal opportunity.
As encouragement, if you are a silver and gold investor, you are in the right market for the right reasons and if you have the wherewithal to dollar cost average your positions down and lower your risk and heighten your reward, you will fair just fine.
Again it is noted that silver and gold should be viewed as long-term investments as they have always been throughout 5,000 years, this year is no different – Don’t get caught up looking at today, look out into the future.
The Mission Of The Silver News Surfer Has Always Been & Will Always Be – To Preserve Your Wealth, Protect You’re Purchasing Power and Help You To Create Generational Wealth!
May Health Wealth And Success Be Yours!
The Silver News Surfer
Now, onto the business of protecting your wealth…
Regardless of what is happening today in the price swings, the future prospects for silver and gold are huge – If you look at this 12 year secular bull chart in silver, you will note that the action of late is a blip on the radar.
We have to keep our eye on the ball guys and don’t allow your core belief system to be shaken because the FED speaks. The power in their hands (or mouth) is one of disastrous proportions and no one on the earth should have that much power.
After all, isn’t he the one who has the master “print” button? Isn’t the FED the one who has us $17 Trillion in the hole? Isn’t it the FED who has devalued our dollar so much that a loaf of bread is $3 and a gallon of gas $3-$4?
Why on earth would anyone chose to believe anything they say? This is why I sound like a broken record when I repeat – “Do what they do and not what they say to do”. Just as a reminder, Central Banks across the globe are printing more money than ever in the history of the world – All the while they are buying gold at record rates.
Be smart – Be educated and with the same conviction you had buying silver at $32-$35 just 3 months ago, you should be cost averaging, paying down/off loan balances, margins and buying dollar for dollar down here with even greater conviction than you had before! If it helps to review please look at…
Hopefully, a quick review will help to answer some of your questions and reinstate to you your WHY!
Have a great weekend, and as always, I’m available to take your calls and answer your questions and address your concerns…
Now, on to the breaking news that matters…
Silver and the Dow – The Dow’s relationship with the Dow/Gold ratio is highlighting something interesting regarding this current silver bull market compared to the previous two. Below is a 100-year chart of the Dow/Gold ratio:
Whatever the reason, it has created a setup for a massive financial panic. Value is likely to run from paper assets to silver and gold like never before. While the first part of this collapse of paper assets has been relatively controlled; the last phase is far more likely to result in chaos. This means that the Dow’s collapse could be vicious.
At the same time, after having had a relatively subdued rise since the beginning of this bull market, silver could explode higher like never before, once the bottom is in. The current decline is likely to bring attractive opportunities to increase physical silver positions.
The Hunt Brothers, The Greatest Silver Story Ever Told – If you’re a silver investor, don’t be scared off. Silver will begin building back those losses; after the dive, the demand for physical silver is off the charts and premiums are rising just as strong as demand.
Premiums Soaring As Massive Run On Gold & Silver Continues – What we are seeing is a divergence between the paper gold and the physical gold markets around the world. If you want physical gold you are going to have to pay up for it because there is not a lot of available physical gold out there. For what it’s worth, the shenanigans, which have gone on recently, were orchestrated and designed to allow a couple of major entities to cover that were short gold.
Soros Reports Over $239mm In New Gold Positions – This stunning move by one of the world’s top performing hedge funds, suggests a powerful surge ahead for gold equities. It should be noted, that in the forty years prior to 2010, the Soros Fund averaged a 20% annual rate of return.
Stock Markets Ripe for a MAJOR Selloff – Here’s Why… Despite bulls’ assertions otherwise, the stock markets are not cheap today. They are quite expensive and very overbought, ripe for a serious selloff.
The S&P 500 stock index now has average valuations matching the ones seen in October 2007 when the last cyclical bull topped. Valuations should be around 12x or 13x now, 13 years into this 17-year secular bear. To get from 21x to 13x would require the broad stock markets to fall on the order of 38%!
Stock Market Will Crash Within 2 Months! Here’s Why – The euphoria phase of the bull market that I warned about months ago is no beginning its final parabolic phase. I’m guessing we still have another 1 to 1.5 months before this runaway move finally ends. Depending on how far above the 200 day moving average it ends up stretching, I think there’s a pretty good chance we will see the entire intermediate rally wiped out in a matter of days or even hours when this house of cards finally comes tumbling down. That is how these runaway moves terminate – They crash! Parabolas always crash.