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!


What Has Been The Best Performer Since The 2008 Crash?

September 16, 2013 8:07 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…

Yup! You guessed it – SILVER! In fact when you look at the chart of all the asset classes, it’s not only the best performer, But It blew everything else away by huge percentages . What is even more amazing is that silver has still taken the number one position even though its price has fallen 56% since its high in May of 2011.

Also read Lehman Five Years On: Gold Still Safe Haven As Financial System ‘Insane’

So next time you get frustrated that “silver isn’t doing much lately”… remember that 5 years after the worst crisis the world has ever seen, silver is the shiniest star and takes the place at the very top of the Christmas tree. This is why, regardless of “how your emotions feel” there is a place for physical silver in everyone’s portfolio no matter how big or how small, how old or how young. My oldest customer is 95 and my youngest customer is my nephew who is 9.

Look, when you invest your wealth, there are things that you switch in and out, buy and sell and then there are things that you leave “for the long term” because they are the very foundation of your portfolio, this should be silver and gold in the physical form and held outside the banking/financial system. (However, I am working with higher powers to bring you the best of both worlds… That’s the only hint I will give.)

Similar to building a house, you need start with the foundation and you want the foundation to be the strongest part of the entire house. So, if you are going to build your house, do you want the foundation to be built from paper or a hard physical asset?

Lets face it – all of you who don’t have physical assets in your portfolio are a heck of a lot less stable than those who do and you should consider this…

You live by the ocean and a major cat-5 hurricane is on the way and you are right in the path – If your homes foundation is currently built from paper (equities, bonds, treasuries) the entire thing will be washed out to sea.

However, if the foundation is rock solid, built from hard assets,(gold, silver, platinum, palladium) then the house you love so much can be rebuilt because the core foundation will always be intact… strong, resilient to even the strongest storm mother nature can toss at us.

I try different ways with different analogies to say the same thing – in hopes that one day that little light will go off in your head and you get that “Ah-Ha” moment and give me a call. This is serious stuff guys and should be taken serious.

This week will be a very volatile week for all markets as the FED meets Tuesday and concludes Wednesday. The big question is will they or won’t they taper. Please define the word taper. It’s not stopping the entire $85 Billion a month in purchases. Lets say they take $10 billion off the table, is that enough to say the economy is fixed and it can now stand on it’s own two feet? I think no.

What about the $trillions they’ve already printed? How is this going to be paid back? What about the debt ceiling debacle coming up in a few weeks?

My point is that if they came to a screeching hault and didn’t print $1 more – Are we out of the woods? Will interest rates come down? Will this put people back to work? Jim Grant says he is bullish on gold and the FED will not taper this week. 

In other news, Larry Summers calls the president over the weekend and respectfully bows out of the nomination for the FED chair seat, which leaves Janet Yellen as the next candidate. Will she be able to turn things around? The buzz on Wall Street is like a hornets nest… The biggest question on WS is Bernanke staying still possible with Summers out?

All this remains to be seen – One thing I can say with 100% certainty – This is a crazy messed up world we live in. Be safe and take precautions…

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…

MAJOR BREAKING NEWS! Morgan Whistle-blowers Confess JP Morgan Bank Manipulates Gold & Silver

In a stunning development, two JP Morgan whistle-blowers have confessed that the bank manipulates the gold and silver markets.  This is truly a shocking admission by the courageous JP Morgan whistle-blowers.  In a blockbuster King World News interview, London metals trader Andrew Maguire told KWN that the two JP Morgan employees came directly to him with hard evidence that the bank was actively manipulating the gold and silver markets.

This is a truly catastrophic event for JP Morgan, which up to now has denied manipulating these markets.  Below Maguire takes KWN readers around the world on a trip down the rabbit hole as he discusses how he led the two JP Morgan employees to turn over the evidence to a law firm which specializes in high profile whistleblowers, and also to the CFTC.

According to Maguire, the CFTC has virtually buried this information.  Is this a cover up, or the next LIBOR scandal about to be exposed?  Below is what Maguire had to say in this blockbuster interview.

Read More Here and Here and Here and Here

Also Read Gold And Silver Price Manipulation Ends With The Death Of Fiat

Billionaire Eric Sprott backs up his prediction that gold will hit $2400 by next summer. Taped at Cambridge House’s Toronto Resource Investment Conference 2013. A must-see interview!

Read More Here

COMEX Deliverable Gold Bullion Has Plunged By 78% in 2013 Claims Per Ounce Highest On Record – The last time that the claims per ounce were nearly this high was in the late 1990’s. At that time the central banks had to intervene to keep one or more bullion banks from faltering. It occurred during a period of coordinated bullion selling from the central banks into the market under the Washington Agreement, culminating in the notorious gold dumping known as Brown’s Bottom. That selling failed to hold the line, and shortly thereafter gold began its great bull market run.

One difference this time is that the fellows who examine the more detailed reports tell us that the big boy of the bullion banks, JP Morgan, is said to have already liquidated their large short position and gone net long gold. Perhaps they are well advised.  There was another big buildup in the claims per ounce that occurred just before gold began its big bull market run in 2000.    Some contend that this drain in dealer gold was the result of a last ditch effort to the hold the price of gold lower before the market broke and the price began its remarkable run.

But given that the banks became net buyers of gold around 2008, as shown in the third chart below, it does not seem likely that the Bank of England or the western central banks will sell bullion into the market to save the overleveraged speculators again.

Read More Here

Investment bank manager: “Nobody knows what the f**k is going on…” – Why buy gold hoping to gain more paper currency down the road? Owning gold is all about trading away your paper currency into something that cannot be conjured out of thin air by central banks.

The “price” in paper currency may rise. Or it may fall. But this is largely irrelevant.

When the hopes and dreams of the entire global financial system rest on the lies of politicians, the whims of central bankers, and the mountains of debt they have all accumulated, things could turn on a dime… tomorrow. Gold is an insurance policy. It’s a form of money that you might never need to use. But should that need ever arise, you’ll be so much better off for owning it.

Read More Here

Charles Nenner Research Says Stocks Are Near The Top, Downturn Will Drive Everyone Crazy and they are long gold and silver.

Watch Brief Interview Here