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 Alert: Are These Patters Suggesting Another 100% Rally?

November 6, 2013 8:41 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…

For anyone that has the slightest concern about confiscation of gold & silver – You must watch this video. This is a very well thought out presentation packed full of truths and also clarifies some mis-information that has been floating around.

In a follow up to yesterday’s report about India’s massive silver demand, here are some other interesting facts you should know and how it will effect your silver investing decisions:

That’s a Lot of Silver… According to the Silver Institute, industrial users (including jewelry makers) absorb about 850 million ounces of silver each year, which leaves 150 million ounces for investors. But by importing 132 million more ounces this year than last, India is taking almost all of that surplus for itself, leaving the rest of the world’s silver bugs to scramble for what little is left.

There are about 32,000 ounces in a ton, so India’s projected 2013 imports of 6,000 tons is nearly 200 million ounces. The total annual supply of silver is 1 billion ounces (750 million ounces from mines, 250 million from recycling). So 200 million ounces is 20% of total global supply – a lot of silver for just one country.

Read More Here

The Next Wall Street Collapse is Coming… The signs are popping up everywhere that something very negative is about to unfold in the financial world on Wall Street. When you put together this string of events over this time period, it should be clear to any thinking person that all hell is about to break loose on multiple fronts converging at the same time. It doesn’t take a rocket scientist to figure this out — just someone who is willing to pay attention to one shocking fact after another.

Let’s take a A Closer Look At Bank Bail-Ins And The Black Hole Of Our System and the Crashing US Dollar vs. Gold & Silver Prices

So who is in a position to survive this potential catastrophic event? I can tell you of one powerhouse country that has been getting prepared for many years now… China is Buying Up the World – Big Time! Take a Look

On another note…

I was a little taken back when I saw the release of the statement that Bart Chilton, the top dog at the CFTC gave his resignation letter to the Prez yesterday. Then this morning, I saw that Leal Bernard, the US Treasuries top international official also announced he is stepping down. Also, as we know, Ben Bernanke will not seek another term.

This had me up late thinking…. What the heck is going on? Then it came to me. Could it be that all of this hoopla about kicking the can down the road (and running out of road) may be coming to an end sooner than we think? Why are so many people jumping ship?

Maybe the reason is because the people in power do not want the system to collapse while on their watch – So when they see how out of control the system has become, they know it’s ready to come down and they can’t stop it, so they step down from their high powered, high paying positions so as not to have the system implode on their watch?

Who knows the real reasons, but this one seems to make the most sense to me with everything I read – Especially things like this… U.S. Economic Confidence Plunges in October – Sixteen-point drop to -35 is sharpest in any month since Gallup Daily tracking began.

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…

Compelling Evidence…

Silver Alert! Are These Patterns Suggesting Another 100% Rally Is Coming Soon? For the first time in 2013, Silver and the Gold/Silver ratio are breaking above their 10 Ounce Silver Bullion Bars falling resistance lines and that’s a positive for Silver. The last time the Gold/Silver ratio broke resistance in 2010, Silver rallied well over 100% in a matter of months. Are the patterns suggesting another 100% rally in Silver?

Read More Here

Ron Rosen: 60-Year Market Veteran – People Missed 2 Amazing Charts – I’m 82 years old now, and for the benefit of most of your worldwide audience that is younger than I am, I can promise them this will be one of the greatest bull markets in history before this is over.  To hell with the Dow Jones, Nasdaq, and the S&P at this point — let the gamblers at the casino trade those.  Instead, just keep trading in your fiat money for physical gold and silver because it will be all that is left standing when the dust finally settles.

I remember watching people who were destroyed financially because they held on to undesirable paper assets during the ‘Great Inflation’ of the 1970s.  This time it will be much worse.  This time we are looking at a true financial collapse.  The bottom line here is that investors who are not invested in hard assets, such as gold and silver, will be facing a wipeout much worse than what the world witnessed in the 1970s.”

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Art Cashin: This Can Cause The Entire Financial System To Collapse – At present, the Fed holds $3.84 trillion in assets, with capital of just $54.86 billion, putting the Fed at 70-to-1 leverage against its stated capital.  Bear Stearns and Lehman were only leveraged at 30 to 1 but they collapsed like a house of cards.

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12 Reasons Why Gold Should Bounce Sharply Higher in 2014 – Is it time to throw in the towel? Is the bull market in precious metals really over? I don’t think so because my analyses suggests that nearly all of the fundamental factors that have been driving the gold price higher in the past decade have only strengthened in the past two years. Now that the correction has most likely run its course, I expect gold to rebound into the close of the year and bounce sharply higher in 2014.

All of the fundamental reasons to own gold and silver have only strengthened in the past two years. Against this backdrop, the sharp correction in prices over the past two years makes little sense. Whether or not the price is being surreptitiously suppressed is not the important point. The bottom line is that:

1. Prices are not reflective of the fundamental economic conditions in the world today,

2. No matter why this is occurring, it is not likely to last long,

3. So investors should welcome the manipulation and take advantage of the fire sale prices while they last.

4. As the gold price climbs back towards its inflation-adjusted high of $2,400, Shadowstats’ target of $8,000, or Mike Maloney’s target of $15,000, we will look back at this current correction as nothing more than a bump in the road and excellent buying opportunity

Read More Here