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!


There Are Endless Positives For Silver, Here’s Just A Few…

August 27, 2013 9:52 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…

With Options expirig today, we should expect some volatility, but the word volatility is not always a bad word, sometimes it can be to the upside.

Other than market actions, such as the above, there is so much going on around the globe in the way of geo-political tensions that can have an additional effect on the metals to the upside.

Over in Syria, things are really starting to heat up. In fact, it’s been reported that the US Navy stands ready to launch first strike on Syria

You can also read:

15 Signs That Obama Has Already Made The Decision To Go To War With Syria – 

I mention this because next week, as we head into September, which as I’ve showed you before is the strongest seasonal month for silver (some 30 years of history) If we were to get any event outside the scope of the seasonal factors, silver’s rise could be explosive and you will want to be involved.

In fact, there are other factors coming into the mix that could prove a large spike in the metals, even if we don’t go to war.

As we saw last week,

New Home Sales Crater To Lowest Since October; Biggest Drop Since May 2010; Median Home Price At 6-Month Low

And Yesterday,

US durable goods plunge in July, cast shadow over Q3

Also,

Here is what economists say is US biggest worry.

So, where is the recovery that everybody was talking about over the summer? I hope you guys are paying attention to all this. I hope you are inteligent enough to realize that you are being fed lies, deciept and mis-information to keep you away from the one good thing that going to save your arss’s.

 

This was an email sent to me from a customer out of state, it’s not photo-shop, I’ve seen the sign myself –

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Some may take offense, but there is truth in numbers.

 

With all of this information day after day, its easy to get overwhelmed, I know. But there are two ways you can look at silver and gold from today going forward (of from June 28th going forward) You can get in and make some quick money, or you must realize that silver and gold are long term wealth preservation tools – I choose to look at the later, but either way YOU look at it, it would favor the investor to have some exposure to the metal at this price, or any other –

Focus on value my friends, not on price!

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…

What’s in the cards for silver? – We could go all day about the US dollar, economy and bonds but that’s for another time. In the long-term it is worth reminding ourselves that over 80 years ago $100 would buy you 400 ounces of silver, today it would only get you 4 ounces. With each decade that passes you get less silver for your bucks, but more bucks for your silver.

With the year that both gold and silver have had, no one knows how they might finish it. But we feel assured that the two drivers of price – supply and demand – look set to play their part well.

Read More Here

While Gold Demand Slips, Soaring Silver Demand Indicates Higher Prices – Rising record demand, heavy (manipulated) price declines and rising production costs are causing a shortage in supply of silver bullion. This will lead to a further price surge eventually.

Silver prices have rebounded about 28% since the lows of late June, and are currently trading at around $23 an ounce. Silver price rises have actually outpaced gold in the past few weeks. Since August 6, the most active September silver futures contract rose about 18%. In contrast, the December gold contract climbed by roughly 6%. Many speculative hedge funds had gone short on silver, expecting more downside to the sharp sell-off that occurred in the precious metals space.

The hedge fund community had the lowest amount of net-long positions in silver in about 10 years. Some of those bets have now been covered, with the funds buying back silver futures contracts. But there may be more short covering to go. As silver moves higher, shorts will rush to cover, and give prices an even bigger boost.

All the above and many more uses of silver make it more apt as an investment, as compared to gold, which is simply an investment instrument — a store of value like silver, but nothing more. There are endless positives for Silver Prices…

Read More Here

Also Read:

Silver will be the New Gold amid the New Financial Market Collapse.

Why I’m Buying Silver Again, One (smart) Mans Point Of View – I maintain that long-term precious metals stand to gain significantly from balance sheet expansion at central banks and currency debasement despite criticisms that this will not happen. While gold is an excellent play off of the stimulus coming from governments worldwide, I believe silver and silver companies may outperform gold in the next few years.

Regardless of the precious side of silver it has massive industrial demand, particularly in the technology sector. Smart phones alone generate billions of dollars in silver demand, much of it coming from the most common household tech names.

This article presents some extremely bullish supply and demand evidence to argue in favor of silver and I believe each approach outlined can be profitable on the rebound that has begun. Physical holdings are my preferred way to go. At current levels of $24.05, with the fundamentals and technicals looking very positive, I believe silver and silver companies are significant opportunity buys, especially for the long-term investor.

Read More Here

Gold’s Explosive Move Continues–Trader Expects “$1500 Within Next 2 Weeks” – As a word on gold and commodities from the institutional fund management community, Don Coxe, Chairman of Coxe Advisors LLP, noted on Friday that, “The trend has shifted…the CRB bottomed out in June and is up sharply since then…gold [also] bottomed out at that time…

[So] commodities are demonstrating that there is new strength,” he added, along with a recent, “tremendous change in China’s imports.”  Due to this resurgence of pricing and consumption, Don concluded that investors should be, “increasing [their] exposure to the good commodity stocks.”

Read More Here

Also, From Jim Sinclair, Read…

Price Manipulations In Gold Now Favor The Bullish Side – 

Gold within striking distance of bull territory – Gold pushed above the key $1,400 psychological level on Monday to its highest in almost three months, putting the precious metal within striking distance of bull-market territory.

A combination of weak U.S. economic data on Friday and concerns about geopolitical tensions in the Middle East helped boost gold prices to as high as $1,406 in Asia on Monday, before pulling back slightly to around $1,400. That put gold’s gains from the lows hit in late June at about 19 percent, just shy of the 20 percent move that would push bullion into bull-market territory.

Read More Here