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!

History Shows That The Long Wait Is Almost Over…

August 20, 2013 8:45 am est

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!

On to the business of protecting your wealth…

Only 8 trading days left until September. Its been a long, boring summer in the precious metals sector, but that’s all about to change according to this seasonality chart..


At the end of the day, all you have to do is ask your self two questions…

1) Will I continue to put my money and my trust in Wall Street and Gov’t Data or will I start a new savings plan and trust the only sound money that has always been honest since the times of the Greeks, Romans and heck, we can go back as far as the time when a man called Jesus walked the earth?

2) Is all of the information that has been provided to me from The Silver News Surfer and the other informational resources found on the Internet sufficient enough for me to trust in silver and gold?

That’s it – Only two questions and the best part is – The choice is yours… Be sure you make the right one for you and your family.

We know our trust has been violated from the people at the top who control the world, yet we continue to trust in them.. Why is that? I think it’s fear. Not fear of them, fear of change.

One example of violated trust is that it was discovered that Goldman Was Buying Gold While They Were Saying ‘Sell I know that might seem like a stretch, but yes, Goldman is crooked too. Wall Street is like going to a Casino, the house always wins, the difference is – At least the Casino can be fun!

If you look at gold and silver for what it is and use it for what its intended for… you win! It’s a savings account. Let me ask you a question.. When was the last time you looked at your savings or checking statement and saw the interest you’ve earned in a month? This is why it’s getting harder and harder to save for retirement. They pay nothing!

View the strategy and purpose here.

The time for you making your decisions is closing in if you want to capture some gains that this seasonal month has to offer for the past 38 years.

Allow me to assist you in understanding these ever changing and challenging financial markets and more importantly, how you can profit on the upside potential and protect yourself from the downside risks….

Now, onto the breaking news that matters…

Silver’s Very Bullish 3-Decade Chart Pattern – I have been describing silver’s long-term chart pattern as a rounding bottom, which shows distribution from the 1980 peak to the early 1990s, followed thereafter by a decade trading range and then a decade of massive accumulation. In other words, over this period silver moved from overvaluation and selling by weak hands, to undervaluation and buying by strong hands.

Regardless of the name we call the above chart, the bottom line is that it is presenting a very bullish picture for silver. After a decade or so of distribution, a decade in a trading range and another decade of accumulation, silver is in strong hands; particularly after the onslaught it endured the past two years.

In summary, the outlook for silver is spectacular, and my recommendation for both precious metals remains unchanged. Accumulate gold – and if you are inclined to accept the greater volatility, then accumulate silver too – on a cost-averaging program with monthly (or quarterly if it fits your budget better) purchases. By doing so you are saving sound money. Buy physical gold and physical silver only.

Read More Here

Silver and Gold Price Forecast: Gold and Silver Update – I believe the Dow to be the main obstacle to Gold and Silver’s major rallies. So, just as I expect the Dow to drop violently, I expect a violent rise in gold and silver at roughly the same time. This is because it is likely the same panic that causes the Dow fall that will make value to run towards gold and silver.

Silver’s recent performance could be the best evidence that the current gold and silver rally could be “the real thing”. This is because silver has significantly outperformed gold since the beginning of August. We can see it from the gold/silver ratio.

Read More Here

Gold Now Beginning Its Long-Awaited Ascent – Over the last 5-7 trading days gains have ranged from 5%-40%, and I suspect that after this breakout, the greatest gains lay in the weeks and months ahead. One of the biggest risks we face now however—is running out of time. We’ve had this exciting bear market bottom all spring and summer, but alas, all good things come to an end, and it’s time to say goodbye.

Read More Here and Here

Gartman still likes gold, but stumped on stocks – The unrest in Egypt will continue to push gold higher, closely followed investor Dennis Gartman told CNBC on Monday. But he’s stumped on stocks.

Gold is “nothing more than another currency. And in a world where there is some confusion à la Egypt, money is moving to safer havens. Gartman, a long-time gold bear, turned bullish and bought the precious metal just before prices sunk to $1,179 an ounce on June 28. Gold has increased more than 14 percent since then.

Read More Here

Is the golden dragon set to breathe fire on the US dollar? (Fast Forward To 9:10) In the third edition of Venture Capital, Katie Pilbeam explores the reasons why the world’s largest producer of gold, China, is buying up the shiny commodity in record quantities. This sudden gold rush is igniting speculation that the country is getting set to create a new gold standard for its currency.

Read More Here

Gold Trader: “Big Money Is Now Trying To Get In On A Violent Regression To The Mean” – “Big money is now trying to get in on the long side and I think this move up out of this bear market bottom probably isn’t going to behave like a normal rally…it’s going to have a violent regression to the mean…my theory was that we were going to see a pretty strong V-shaped rally out of this bottom…that appears to be what’s going on…we could see gold retesting those September 2011 highs in the next three or four months depending on how hard the dollar falls.”

When you have a bear market like we did, people are very nervous and as we come up off that bottom, they’re afraid to [buy]…and so they wait until we start going up again, exactly like what has happened this time—we go up very aggressively, get overbought very quickly—and then they ‘can’t’ buy because it’s overbought…[then] as soon as the dip comes, it looks like the bear market is [returning]. So they ‘can’t’ buy again, and they continually miss this move.

Read More Here

18 Signs That Global Financial Markets Are Entering A Horrifying Death Spiral – You can see it coming, can’t you?  The yield on 10 year U.S. Treasuries is skyrocketing, the S&P 500 has been down for 9 of the last 11 trading days and troubling economic news is pouring in from all over the planet.

The much anticipated “financial correction” is rapidly approaching, and investors are starting to race for the exits.  We have not seen so many financial trouble signs all come together at one time like this since just prior to the last major financial crisis.  It is almost as if a “perfect storm” is brewing, and a lot of the “smart money” has already gotten out of stocks and bonds.  Could it be possible that we are heading toward another nightmarish financial crisis?

Could we see a repeat of 2008 or potentially even something worse?  Of course a lot of people believe that we will never see another major financial crisis like we experienced in 2008 ever again.  A lot of people think that this type of “doom and gloom” talk is foolish.  It is those kinds of people that did not see the last financial crash coming and that are choosing not to prepare for the next one even though the warning signs are exceedingly clear.

Read More Here