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.
Because these reports and my website www.silvernews.info are built for you everyday, I want you to know that your opinions count and they do matter to me.
Several people have wrote over the past few days and expressed that they love the information presented, but it can be too lengthly most times, so I will try to make them more brief and to the point.
If you have a comment, suggestion or recommendation, please reach out in someway so I can continue to customize these reports for you – The end user.
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!
The Silver News Surfer
Now, onto the business of protecting your wealth…
Today is supposed to mark the bottom for silver according to yesterday’s research from Bo Polny – Lets see if its an educated guess or something he can see that we cannot. I will point out yet again, it really doesn’t matter. The significance of having silver and gold working in your portfolio is stronger today, than any other time in history.
You might be thinking – What the heck are you talking about Eric, all the data coming out of the Government is showing positive signs for the economy, we are turning the corner!
The only flaw I find in that statement is the lack of confidence I have in G-Data. According to this article, Interest Rates Are Being Manipulated To Hide Risks proves that we have to take their data with a few grains of salt. Remember the LIBOR scandal? Do you see how the Jobs reports are misleading? How about the inflation rate? Do you see a pattern?
This is why I say from time to time that we have to follow our gut instincts and do what they do and not what they say to do. I really don’t think that there are any of you reading this that think having physical silver and gold in your portfolio is a bad idea – again, I just think it is investor psychology, the fear of making the wrong decision when you know that the wrong decision is not making a decision at all.
“It is easy to sit up and take notice; what is difficult is getting up and taking action.” With that said, we all have decisions to make – Do we start now at this 3+ year low in silver and start to accumulate, or do we trust that this time is different and the DOW will continue to climb all summer long?
Like him or hate him, but he has been a successful investor for 34 years, but Cramer from CNBC says he has never seen anything like this in his 34 years of investing – that’s an erie feeling to say the least.
If all markets are manipulated, yet I have to put my money somewhere, I would rather a physical manipulated market that can’t be reproduced, than a paper market any-day of the week.
Now, on to the breaking news that matters…
Silver Low – Probably: Significant lows are separated by approximately 4.5 years, with rather wide variations. I doubt you can trade this, but if you are investing for the long term, this indicates that buying aggressively approximately every four to five years should work out fairly well. The April of 2013 silver price looks like it is at or near a multi-year low. Each low-high-low cycle takes roughly 4.5 years. At price peaks the silver bulls are euphoric, while they are depressed and worried at the lows.
Will gold and silver test recent lows again before heading higher? – Think back to how the stock market crash of 2008 was retested in March 2009 before shares headed higher for more than four years. Gold and silver will likely prove to be very much the same. The problem for investors is that timing moves in the gold and silver market is next to impossible. If you don’t stay invested you can quickly miss out on the biggest price moves that make being invested worthwhile.
This Key Chart Tells You All You Need To Know About Gold – “The longer ‘they’ oppose, the higher she goes. That is the first Law of Nature. Sit back, relax, and enjoy. This may seem like ‘Black Magic’ but it is simply Mother Nature at work.
Global Banks Massive Criminal Conspiracy In The Gold Market – Show me another bear market where demand goes up as prices collapse. You can’t. It hasn’t happened in history. So what that confirms is this (drop in the price of gold) is all mythology. That was the first sign that this was the new strategy, and we (central planners) are going to engage in the wholesale raid, the wholesale manipulation of the precious metals market.
We’re just going to scare the public out of this thing, destroy investor psychology, and we the elite, the insiders, will acquire more at these cheap prices. And if the downside is there is a redistribution of tangible wealth from West to East, so be it. So to sum up, Eric, this is a criminal conspiracy.”
What’s Going On With Silver? As you can see from this chart, silver prices have been pretty volatile. They’ve settled down over the last few days — and they are ready to run. When silver prices move, they ramp up very quickly. Christian is forecasting the white metal will be up 357% by November 2013.