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!


Silver Prices and the Shutdown, Prepare for Gains –

October 16, 2013 8:23 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…

Here we go again! Fitch puts US AAA rating on rating watch negative – In fact, the US credit risk is now worse than 2011

Isn’t this nuts? I mean when you stand back for a moment and look at everything that is going on… what are you thinking?

What questions are on your mind, or better yet, what statements would you use to describe what is happening with your government and your financial system?

I’d love to hear what you have to say… Write in Here and let me know – let your voice be heard!

Read The Countdown… Its not what you think. It’s not the shutdown – Its precious metals.  Default or hyperinflation for the U.S. economy? Default or Decoupling for precious metals? These are the real dramas unfolding before us. Ignore the noise of the mainstream parrots. Ignore the Puppet-Show (and the Puppets). They serve merely to annoy us, amuse us, and (mostly) distract us from reality.

Also read – How will the shutdown finally end? Let’s talk 1995 – There have been 17 government shutdowns since 1976 and they’ve lasted an average of 5 days. But one truly stands out — December 1995. That was the super-storm, the one people remember like the giant hurricane. It lasted three weeks. It is also the benchmark against which the current shutdown and its economic effects are being evaluated. The similarities to today’s battle are eerie. Here’s what actually happened and how it finally ended.

Sarah Palin did a power-packed interview yesterday where she said “Defaulting on our national debt is an impeachable offense, and any attempt by President Obama to unilaterally raise the debt limit without Congress is also an impeachable offense,”

Also, David Tepper, Appaloosa Management president & founder voiced a strong opinion when he said No taper for ‘long time’ to push up stocks

John Embry also noted who a Majority Of People Have No Idea US Is Headed For Disaster – Think he’s right?

With all the “distractions” happening around us, there is at least one man who is keeping focused on the real issues – Three things that worry Marc Faber more than DC – While investors fret over D.C. brinkmanship as the government gets closer and closer to the debt ceiling, “Dr. Doom” Marc Faber has other concerns on his mind. Specifically, the publisher of the Gloom Boom & Doom Report newsletter warns of disappointing earnings, deteriorating technicals, and a decline in consumer confidence.

Finally, read this… 22 Reasons To Be Concerned About The U.S. Economy As We Head Into The Holiday Season – The following are 22 reasons to be concerned about the U.S. economy as we head into the holiday season…

#1 According to Gallup, we have just seen the largest drop in U.S. economic confidence since 2008.

#2 Retailers all over America are reporting disappointing sales figures, and many analysts are very concerned about what the holiday season will bring.

Read More Here

Do you have a headache yet?

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 Prices and the Government Shutdown, Prepare for Gains – If the U.S. defaults, expect silver prices to soar, as everyone tries to protect their investments with the commodity. But let’s say the government raises the debt ceiling and the economy is saved from catastrophe. Does this mean you should avoid silver?

The government shutdown is only one factor affecting the economy. The Federal Reserve has a hand on the economy too – a big hand. The Fed recently declared the economy wasn’t strong enough to sustain itself without stimulus – or even with reduced stimulus – so it’s continuing to print money to fuel the economy. This devalues the dollar, and when the dollar is low, silver moves up.

As you can see, while silver has declined and risen with the tides of the debt ceiling, the sustainability of silver will continue long after October 17th. Silver is used in many industries, and that means demand will continue to affect prices.

Read More Here

There Is No Question That We Are Now In The End Game – Anyone with a brain knows that what these people are doing is not sustainable, but as I’ve told you, they will sustain the unsustainable as long as they can.  And part of that game plan requires that gold be kept in a cage for the short-term.  Now the problem with this plan is that while the major central banks can digitally print all of the dollars, or all of the euros that they want to or that they need to print, they can’t print physical gold and they can’t print physical silver.

I would say that the fourth quarter of this year is most likely the end game.  And as we get into 2014, the risk/reward is such that it is highly likely we will see a slingshot effect much higher for the price of gold.  I would project a price of $2,000 to $2,500 an ounce for gold by the end of 2014, and quite possibly $60 for silver.  Meaning, once this short-term noise is over, the reward in the next year for patient investors will be staggering.”

Read More Here

Embry: There Is No Rule Of Law In The United States Anymore – We have these corrupt central planners and they are trying to destroy people.  And when I say there is no rule of law, this is particularly true when it comes to financial markets, and when I say they are trying to destroy people, I mean they are trying to destroy anyone who is attempting to intelligently invest as we enter the end game.

To me it’s so apparent what’s unfolding, but because most people don’t want to confront something which there is no easy answer to, they just stick their heads in the sand and ignore the fact that the West is in serious decline.