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!

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Unintended Consequences For Silver, Gold & The US Dollar

May 1, 2013 8:24 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’m sure you’re tired of hearing about the huge demand for physical silver and gold and the lack of supply, but it is with this information you are better prepared to make better decisions related to your silver and gold investments and as always, I’m here to help! Helping to facilitate your purchases or simply to help you understand all of the confusing information that comes out of the media on a daily basis… either way, I truly appreciate your support and your patronage.

When the market (forcefully) corrected on April 15th, there were a lot of economists, fund managers and bullion dealers coming out of the wood work talking about the explosive demand this downturn created. This could have been a ploy to get people motivated to step up and buy, but as time goes on and you hear the same thing coming from Perth Mint, The US Mint and other big players around the world, so you know the story has clout.

When The World Gold Council reported yesterday of Huge Demand Amid Price Drop maybe there is something to this theory. When large global gold dealers are telling us that Gold Buyers Are Forced To Go On Waiting Lists for Up To 6 Weeks, maybe there is something to this theory.

My point is that I realize you can’t believe everything you read and you should “take everything with a grain of salt” – If this information is only half right, we will be in for a strong advance in the price and value of each metal.

May Health Wealth And Success Be Yours!


Eric Weigand

The Silver News Surfer



Now, onto the business of protecting your wealth…

Throughout my research in the early morning hours today I have seen numerous indicators telling me that the US Dollar is setting up for a collapse and a major bullish “cup and handle formation” is setting up in silver and gold, particularly in silver (as shown below) If you understand how the dollar and precious metals work inverse to each other than your decisions should be clear… Buy Physical silver and gold now!

If we think back to a couple of weeks ago when I had suggested that the “take down” in silver and gold on the paper exchanges had backfired on the cartel and created all this physical demand – these were the “unintended consequences” of their actions, which in turn, has benefited us with lower entry points in the silver and gold physical markets… Here is my point…

With every action comes “unintended consequences” and I truly believe that this is what is setting up with all of the money printing from the FED. The “unintended consequences” of the bailouts of ’08, QE1, QE2, QE3, (heck, I lost count) will be a massive decline in the dollar.

This spiral that I expect to happen will be a rapid decline in the dollar followed by a rapid increase of the value of silver and gold. The only thing I cannot define is the time, but that really doesn’t matter now does it? The result of massive over printing can only be one way for the dollar. DOWN!

As a reminder, today we have a dollar that is trading at the higher range of 52 weeks and silver and gold at the lower range for the same period – What we must remember is that today, we have the opportunity to take a stronger dollar and buy more of something that will protect us by preserving our wealth, protecting our purchasing power and creating generational wealth – So dig in with both hands!


This philosophy is quite simple, it’s the same thing that is happening with silver and gold. You see guys, there is only so much metal to go around, so the supply is limited, thus when the demand is high and supply is tight, that causes prices to spike.

On the other hand, if there is too much supply of the dollar and nobody wants it, the value drops… like a rock! If you apply the laws of supply and demand to anything and use these laws to your advantage… you win virtually every-time!


Now, on to the breaking news that matters…


Australia’s Perth Mint demand highest since Lehman Brothers Collapse. – The largest refinery in Australia and one of the largest in the world, said that demand has jumped to the highest level since the Lehman crisis in 2008. Demand has been robust due to currency devaluation concerns and then the 15% price fall led to a massive surge in demand as store of wealth buyers leapt at the chance to acquire physical bullion at much cheaper prices.

Read More Here

It is also as reported, The US Mint sells a record 4 million ounces of Silver Eagles for the month of April at high premiums!

Read More Here

Sprott: This May Create A Massive Upside Breakout In Gold – I firmly believe the bottom is now in, but people are still fussing because of the terrible beating the gold market took.  But very simply we are talking about dollars on the downside and hundreds if not thousands of dollars on the upside at this point.  So what are people worrying about?”

Read More Here

World Changing Events & The Global Run On Gold And Silver – It is frustrating to think that many investors are not taking action to protect themselves, but the truth is that most of them have delegated the decisions to others and are unaware of the issues and the perils to which their savings are exposed.  Most account holders are oblivious and will remain so as long as the stock and bond markets are artificially elevated.  They are also trapped in (managed funds) programs that do not allow for any allocations to gold and silver.

Read More Here

Silver Price Forecast 2013: Silver’s Bullish Cup Formation – These cup (or cup and handle) patterns are very bullish formations. Below is a long-term silver chart showing the mega cup formation as well as two smaller cup formations:

Read More Here


Dollar Collapse Has Begun – As this process starts to accelerate over the next couple of months the dollar bulls are going to get a rude awakening, as our currency shows its true colors. The acceleration began today as the dollar has now completed a lower low and a lower high. It’s time for the unintended consequences of QE infinity to come home to roost.

Read More Here

CME Executive Chairman Terrence Duffy On Gold “They Don’t Want Certificates, They Want The Real Product – What’s interesting about gold, when we had that big break two weeks ago we saw all the gold stocks trade down significantly, we saw all the gold products trade down significantly, but one thing that did not trade down, was gold coins, tangible real  gold.  That’s going to show you, people don’t want certificates, they don’t want anything else.  They want the real product.

Read More Here

Financial Treachery & Harsh Consequences –  The gold market sell-off was as shocking an event as it was pathetic. It was as destructive an event as it was hilarious to observe. The bankers committed suicide on the global stage. Rather than permit a London and New York gold market default, they committed a grand illegal act by selling $20 billion in gold through paper certificates in two days.

The grand sale was executed without benefit of any metal changing hands, without promise of any metal changing hands, with full protection by the USGovt for its criminal actions. The false Gold price has no real supply. The false Bond price has no real demand. The claimed price is not where Supply meets Demand to clear the table on the market. Therefore the claimed price is not the real price.

Read More Here