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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!

ALERT: Banks Could Now Start Doing What?

November 29, 2013 8:54 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!

Now, onto protecting your wealth…

Now this is nuts! First, we as savers are being penalized by ultra-low interest rates – our bank gives us about .3/4% on our savings, and according to Mike Maloney’s extraordinary video series, we’ve learned that for every $100 saved, the bank actually lends out $90 and around and around it goes.

The reason I bring that up is because according to a new report, that’s simply not enough – it’s not enough for the banks to take your money and make money turning it over while paying you only 3/4% on what you try to save….

Now, the Banks Could Start To CHARGE You a Fee For Your Deposits! Can’t help it, but as I’m writing this, I’m shaking my head and laughing. How much more can we take?

First the banks stop giving toasters, then they chain the pens to the desk, and now they want to charge me for depositing my money???

This is why, if you want to “save” your money, (and by the way, saving money is for “longer-term”) you should be saving it in hard assets, not banks. Don’t Be Beguiled Into Thinking Owning Gold Is A Waste Of Time especially at these lower prices today, because these Weak Gold & Silver Prices are an Opportunity of a Lifetime for Investors who are looking ahead and want to save “real money” for the future.

In fact, here is why Citi just became “Bullish” on Gold And Silver and it’s not just technicals – there are a slew of fundamentals of why physical gold & silver are a must have in every investors portfolio; for example, the Fed Reveals New Concerns About Long-Term U.S. Slowdown Also, Dr. Paul Craig Roberts, a former US Treasury Official reminds us how the US Is Being Deliberately Destroyed and today, the Markets Are Riskier Than At Any Time Since The Depths Of The 2008/9 Crisis

Furthermore, what about The $2.3 Trillion Nobody Mentions about Quantitative Easing?

Well, friends Here’s The Truth Governments Don’t Want The Public To See so please don’t look.

The United States might be posting some promising growth data amid government shutdowns and debt ceiling debates, but Albert Edwards, Societe Generale’s uber-bearish strategist, has predicted a recession is coming for the world’s biggest economy and there is nothing the FED can do to stop it. “No-one expects a recession is around the corner, but in my experience, they never ever do,” Edwards said in his latest note released late on Wednesday.

Please don’t mis-understand me… I hope these guys are wrong. I hope THEIR compasses are off and we glide into a nice recovery here in the US. My feeling is that we have to look at the people who are writing this stuff – who are they and what is the difference in their credibility verses the credibility of the talking heads on CNBC, FOX or other MSM outlets?

Here is a serious question…what if YOUR compasses are off?

What if one day your alarm clock didn’t go off at the time you set it? What if you woke up and found out that these guys were right about another economic and systemic collapse? What if you were wrong and you didn’t protect yourself?

This is what we plan for – The “what if’s”. This is why we do what they do and not what they say to do. I’m not a doomsdayer. I am an optimist by nature, but this new world order of banks and governments manipulating everything to their advantage (and getting away with it) and chocking the average investor and prohibiting them from making money for a nice secure and peaceful retirement… this is what’s forcing me to become a realist.



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…

Gold is a Great Hedge Against A Market Crash – Merk Investments chief says stocks are way overpriced and the Fed will err on side of inflation “Ultimately the Fed has no interest in tapering,” Axel Merk of Merk Investments tells CNBC in a Nov. 25 interview in which he argues that gold is as crucial as ever as the euphoria of an ever-rising stock market trumps caution.

“Right now the market appears to be floating higher; we are concerned about it. As you know, we are very contrarian usually. There’s a lot of complacency with the VIX index as it is — very, very low. And so we’re scared of the stock market. … We like gold right now and are very scared of (stock) valuations. …

“Rebalancing the market is usually a good idea. So if you had an equity allocation, you may want to trim it. If you had a gold allocation, you may want to increase it. Now on top of that, we think gold is a great hedge against a market crash. Gold is also a great hedge in a rising rate environment, despite what people think. And the reason it is so is because in the 1970s, the Fed was behind the inflation curve.

Well, (incoming Fed chief) Janet Yellen and (outgoing Fed head Ben) Bernanke have all but promised they will be tightening too late. And so, yes, gold may be down in the short term, but in the long run it should do extraordinarily well, especially in comparison to valuations. …

Read More Here

The Fed has created a huge global bubble – “This is a financial asset bubble, and you can see it in the valuations if you want to look at it,” Stockman said on Tuesday’s episode of “Futures Now.” “The Russell 2000 is hitting another peak today—it’s trading at 75 times reported trailing earnings. That makes no sense. It’s up 43 percent in the last year, but earnings of the Russell 2000 companies have not increased at all. It’s up 230 percent from the bottom. Mainstream America is not doing that well.”

In fact, Art Cashin, director of floor operations for UBS, made a similar point on the same episode of “Futures Now.”

“This market, this whole economy has kind of a split personality,” Cashin said. “Wall Street is making a record, and yet your brother-in-law can’t find a job.”

“This is dangerous. We’re in a dangerous financial system that has been more or less wrecked by central banks and their policies,” Stockman said, adding that “I haven’t seen too many bubbles in history” that haven’t ended violently.

Read More Here

I had this wrong – See if you can guess right.

Do you know what The Most Rapidly Depreciating Currency In The World is? – ######” are a great analogy of how inflation works in the real economy. It’s clear that the supply of ###### is increasing rapidly. But the effects go unnoticed for a long time. Then suddenly, one day, prices go up dramatically. And most people who have been responsibly saving for a rainy day suddenly find that years of their savings are worth less. ###### are the most rapidly depreciating currency in the world. And they’re an interesting sign of things to come with fiat currencies. Can you guess?

Read More Here