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Jim Rogers: Prepare For Market Panic, Gold Going Much Higher…

August 29, 2013 9:07 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…   

This is almost comical. I have to laugh when these reports get published. Last week, the reports were gloom and doom and now, the jobs numbers come out and it’s dancing in the streets time!

Please don’t get caught up in all this hoopla!

US claims, growth beat estimates; stir new taper speculation

Remember when I posted last weeks data reports?

While the MSM tries to distract our attention away from the real issues – Lets you and I stay focused, shall we?

It’s apparent to my anyway, that all this talk about invading Syria will happen and will happen soon; My issue with this is the funding. Where will the money come from and if we have money to spend on a war that is none of our business, then why don’t we use that money to open new factories here in the US? Why don’t we take some of that money and spend it on US infrastructure and create jobs?

Why don’t we use some of that money to rebuild the (once) most powerful city in the US (Detroit)? Do you guys ever ask yourselves these questions or am I the odd ball?

The tensions are mounting big time:

Syria crisis: Russia and China step up warning over strike

(Reuters) – China’s top newspaper said on Wednesday the United States and its allies were seeking to use the issue of chemical weapons to pursue regime change in Syria illegally and fan an already ugly and difficult conflict.

It seems to me that other world leaders want US to keep our nose out of where it doesn’t belong, I for one side with them. I understand that things are ugly over there and they may need help, but what good is helping others when you can’t even help yourself?

On another front… Money printing continues to blanket the world. If you don’t think it will continue here too, you better perform a gut check! But even if the FED decides to “try” taper…

Gold Is Going Higher Whether Or Not The Fed Tapers

And if these countries can’t stop juicing the economy with crack, what makes anyone think we can stop it here in the US?

Bank Of England Ready To Inject More Stimulus

BoJ Will Continue Easing Until Inflation Stabilizes

If that were not enough to convince you of the “black Diamond Slippery Slope” we are facing… Read this…

Take The 10 Minutes To Watch This VIP Video: Your Savings Are Not Safe In The Big Banks – People in the U.S.A. think that their savings are safe in the big banks because the FDIC will supposedly protect their deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating bank deposits when, (not if) the big banks fail. Individual, as well as public funds from municipal, university, county deposits are at serious risk.

Your bank deposits can disappear in the next crisis! Public officials in charge of taxpayer funds need to be aware of the dangers here. The loss of taxpayer funds and the inability to meet payrolls and obligations will certainly prompt a response that will be both immediate and forceful. This video may also be useful to present to public officials to inform them of the dangers of losing public funds under their care.

Read More Here

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…

Jim Rogers – Gold Going Much, Much Higher – Prepare For Market Panic – “when this artificial sea of liquidity ends we’re gonna see panic in a lot of markets, including in the US, including in West developed markets.” Potential conflict in Syria and the scaling back of Fed stimulus point to a full-scale market ”mess,” says investor Jim Rogers, with the countries running trade deficits likely to be hardest hit.

Read More Here

Matterhorn Asset Switzerland: DON’T STAND IN THE WAY OF THE GOLDWAGON – Since early July I have warned investors that we have seen the bottom of the 22 month correction and that gold and silver would rise dramatically from the end of August. Well we are here and this is the time to enjoy the ride if you are invested or to just jump on if you are not and then not worry. Because not only will this rapid rise continue in September but we will now resume the bear market in the currencies, especially the US dollar which will lead to new highs in gold and silver in the next 12-15 months. We could very well see $2,500 for gold and $70 for silver during that period.

Investors should not own gold for financial gains but primarily in order to preserve purchasing power and protect their wealth. But gold and silver must be held in physical form and stored outside the banking system. With only 1% of world financial assets invested in gold, very few so called investment experts have any understanding of the yellow metal.

So during the 22 month correction in the gold price, most of the 99% who don’t own gold have all been calling the end of the bull market. What most of these people don’t understand is that gold is not in a bull market. It is paper money going down rather than gold going up. For 5,000 years gold has been the only money that has maintained its purchasing power. Every single currency has been destroyed throughout history in a permanent bear market. Voltaire was so right when he in 1729 said that “Paper money eventually returns to its intrinsic value – ZERO”. We have just started the acceleration phase of the up move in gold (and silver)

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James Turk: What We Are Witnessing In The Gold Market Is Truly Historic – Both gold and silver have been showing tremendous strength, Eric.  With each passing day, the odds improve that a major low was made in June.  Therefore, we have to set our sights on much higher gold and silver prices in the weeks and months ahead. I have no other way to express this development other than to say that it is truly historic, Eric.  The fact that gold remains in backwardation is remarkable.

Everybody needs to be paying attention to this because the jump in price has not induced enough holders of physical metal to sell.  This shows that people are afraid of paper.  They want a tangible asset because they know and understand the protection provided by physical gold and silver.

Physical gold and silver are safe havens.  They are money outside of the banking system, and do not have counterparty risk. The big rallies since June in both in gold and silver have been nothing short of spectacular, but this is just the beginning.  The moves higher in gold and silver will be absolutely breathtaking in the future.

Read More Here

Silver Price Forecast: Gold/Silver Ratio Signals Much Higher Silver Prices – The current pattern has not completed yet, and it would suggest that it will only complete at a point much lower than a ratio of 15. Such a completion of the pattern is consistent with the bullish fundamentals of silver (and gold) in relation to paper money – understanding that a lower ratio will likely mean higher gold and silver prices..

Furthermore, it is consistent with the scenario that we are in a downtrend in the ratio; therefore, being, more likely to go lower over the next couple of years. A recent comparison of the relationship between the silver and Dow bull markets tell the same story.

This compares favorably to the positive fundamentals of the silver (and gold) market, since there is nothing to suggest that paper (money) is now safe, and much less riskier than gold and silver. The massive debts that lurk behind the fiat currencies (including the US dollar) are representative of these great forces that will keep more people preferring gold over these debt-ridden currencies.

Read More Here

Presenting The Numerous, Undisputed And Very Clear Signs That India’s Currency Was Set For An Epic Crash – Citizens of India have been watching, in stunned amazement, as over the past month the local currency has lost an unprecedented 15% of its value, with a record plunge taking place just last night. And, as so often happens, the population habituated to a government “acting in its best interests” is asking itself – how could we have possibly known this was coming. The answer, as usually happens, was staring everyone right in the face.

As Grant Williams shows in his latest “Things That Make You Go Hmm”, the warnings came loud and clear, and were very explicit in the form of not one, not two, not ten, but many more sequentially imposed and escalating forms of capital controls by the Indian central bank that sought to prevent the conversion of paper into hard currency. Gold. (Which also overnight hit a record high in rupee terms).

Following are the measures taken by the central bank and the government in 2013:

Read More Here

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Don’t go along the heard – There are wolves waiting in the bushes in sheep’s clothing!