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!


Despite Pullback, Gold & Silver To See Spectacular Surges

September 11, 2013 8:34 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…

 

I’m not sure if many of you caught the Presidential Address last night, I did. It sure sounds like he wants to strike regardless of what Congress and the Senate say. If you missed it, you can get the highlights here: Obama, in Speech, Presses His Case on Syria and just a few hours ago, Russia ‘to renew offer to supply S-300s to Iran’ It”s a mad mad mad world guys, be careful.

In other news, Bloomberg says Banks Seen at Risk Five Years After Lehman Collapse and Hank Paulson says the world should prepare for new financial crisis” It seems that the economists that I bring you daily are not the only people seeing this coming… Do you see it?

Heck, I’ve said time and time again – I hope for the best, but will prepare for the worst. How would I do that? Simple –

First, I would become my own central bank. I would watch what powerhouse countries and powerhouse millionaires are doing to protect themselves in the financial calamity we are facing today and I would do the same – it’s really that simple.

Do what they do and not what they say to do.

Second, I would then devise a strategy to protect my wealth – If you are not sure how to do that and would like some help, that’s what I’m here for, give me a call. I promise I don’t bite. I may bark sometimes, but I definitely don’t bite.

The sad truth is that 92% of Americans Are Wrong About Wealth But again, don’t worry because I’ve got your back.

I’ve heard your cries for help, your questions and concerns about your past, present and future concerns regarding your wealth and I am in the works of bringing you the most powerful, make sense strategy that you have ever seen. This is something that nobody has even heard of, seen or even thought of.

This new “out of the box” strategy is so powerful and simple, yup, you guessed it, even a caveman can do it. I will be releasing this information over the next week or so, I’ll keep you informed.

I strongly believe that unconventional times call for unconventional solutions and I’m confident you will want part of this solution. If you want a preview, you will have to pick up the phone and call me.

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…

Despite Pullback, Gold & Silver To See Spectacular Surges – After some chaotic action in the gold, silver, oil and bond markets, today top Citi analyst Tom Fitzpatrick sent King World news 4 amazing gold, silver, and debt charts.  Fitzpatrick had previously indicated to KWN that he expects a massive 150% surge in gold, and a staggering 300% move higher in silver.  Below are his 4 astonishing charts & comments about what to expect next from the metals in this powerful interview.

As we all know, silver has been a bit more volatile than gold.  As an example, the correction we got on silver coming off the $50 level was extremely aggressive.  But in the overall scheme of things, we now believe that silver has bottomed, there is solid support near the $22 level, and silver is ready to reassert itself the upside once again in terms of the secular trend.”

Read More Here

For those of you who don’t truly understand the fundamentals of Gold & Silver ownership and would rather accumulate off the technicals… Here ya go! 

MUST SEE: Gold: These Charts Say It All! – The following 27 charts provide a historical perspective on Gold in and of itself and its relation with Debt, Inflation and other factors. Anyone interested in gold should look at these charts.

[The charts in this post come from Incrementum*  and are presented by  Lorimer Wilson, the editor of www.FinancialArticleSummariesToday.com as well as www.munKNEE.com and the FREE Market Intelligence Report newsletter . [This paragraph must be included in any article re-posting to avoid copyright infringement.]

Read More Here

COMEX Default Risk As Gold Inventories Plummet 36% – The immediate risk of a unilateral bombing of Syria has abated but there remains a real risk of confrontation in the region and the possibility of a wider war in the Middle East involving Iran and Israel and their respective allies. This will support gold and could contribute to materially higher prices.

However, of far more importance to gold is the very tight physical market place which is manifest in the negative gold forward interest rates, gold futures still in backwardation and perhaps most importantly plummeting inventories on the COMEX.

Comex gold inventories have plunged more than 36% year to date, creating a market more leveraged than it has been for the last nine years. Inventories are down from 11.059 million ounces to 7.034 million ounces today.

Read More Here

Sprott: West Now Engaging In Psychological Warfare As It Implodes – The big news of the day is the fact they appear to have averted the Syrian war.  The last thing the world needed was another war in the Middle East.  But the central planners are using this as a cover to pound gold and silver, and lift the U.S. stock market

There was a lot of enthusiasm about what was going to happen to gold and silver prices after the summer, as we moved into the fall.  I strongly believe that it will be a fabulous rest of the year for the metals, but the central planners wanted to strike early to put fear into people’s minds about the price action in gold and silver.  This may work in the short-term, and discourage people from entering the sector, but it won’t make one bit of difference because gold and silver prices are headed spectacularly higher in the next year.

The major factor behind the dramatically higher move in gold and silver prices is quite simply debasement of currencies, and impairment of the financial system.  None of this has been solved, and in fact it is actually getting worse as we speak.  The fundamental trends generally don’t change much once they are established.

For all of those gold and silver investors that can stop the psychological warfare from causing them to react emotionally, and simply use these pullbacks to add to positions, they are going to benefit from what will literally be the greatest wealth transfer in the history of the world.”

Read More Here