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…
Please don’t just glance over this report today…
There is a strong message here…
Regardless of the “price” swings from day to day in the precious metals, the “value” is constant and always will be the same or even greater…
In order to understand this, we must look deeper into the velocity of money that if sloshing around and thereby determine what effect that volume of money has had on things we NEED to buy everyday – When evaluating something, nothing else should matter other than the true survival items we need on a daily basis…
Let me ask you this…Is it fair to say that since 2008 that the US dollar has lost a staggering amount of value?
Yes. Of course it has. This is IMPORTANT so follow along…
Gasoline in 2008 was about $1.50 per gallon and now some are paying as much as $3.50 per gallon, simple math equations clearly show this. Looking at the price of food, groceries and everyday incidentals has also shown either a dramatic rise in price or a dramatic decrease in weight.
This is called “stealth” inflation. (Stealth for those of you not familiar with the term is “under the radar”. How is this done? Check the net weight of your purchase next time you are in the grocery store. The packages are getting smaller AND/OR the price is going up.) See The incredible shrinking cereal box
I’m close to my point, so please follow me –
So, if it’s clear that the dollar has lost that much purchasing power in only a few short years (5 to be exact) and you and I judge that on the goods we buy everyday to survive, then we are horrifically miscalculating what money really is. Lets quickly revisit it’s definition, shall we?
mon•ey (ˈmʌn i)
n., pl. mon•eys, mon•ies,
1. any circulating medium of exchange, including coins, paper money, and demand deposits.
2. paper money
3. gold, silver, or other metal in pieces of convenient form stamped by public authority and issued as a medium of exchange and measure of value.
4. any article or substance used as a medium of exchange, means of payment, or measure of wealth.
5. Also, and most importantly, lets see what the Constitution of The United States has to say:
The United States Constitution declares, in Article I, Section 10, “No State shall… make any Thing but gold and silver Coin a Tender in Payment of Debts”. This means that no State can make something besides gold or silver a “tender in payment” (which means they cannot “make something else an offer as payment”) for any debts, which would include debts owed by and to the State.
However, EVERY State in the United States of America HAS made some other “Thing” an offer as payment – they have by law declared that they will accept, and pay out, Federal Reserve Notes for any debts owed by or to them. Therefore, every State is in violation of Article I, Section 10 of the U.S. Constitution. Thus the need for the “Constitutional Tender Act”
Here is the foundation of my whole point – If “prices” of goods have risen this high since 2008 and the value of the dollar fell that low, let’s take a quick look at the “other money” for a moment…
Silver in 2008 (post crash) was at $9 per ounce and gas was $1.50 per gallon – That means I could purchase 6 gallons of gas with my 1 ounce of silver!
Today, even though silver is significantly down from it’s highs of 2011, we are bouncing around $21.00 per ounce and according to my calculator, $21.00 divided now by $3.50 per gallon of gasoline still buys me 6 gallons of gasoline!
(FYI: In 2011 at the $48 highs, 1 ounce of silver purchased 14 gallons of gas – But even at today’s price, the value is phenomenal!)
Did your dollar do that? Does your dollar buy the same amount of goods today than it did in 2008? No! It can’t. The FED continues to print $85 Billion of those little green suckers every month. How can it possible hold ANY value at all?
What will happen in 1,2,3 or 5 years from now as they continue to print even more?
Once you stop focusing on the “price” of silver everyday, you are then able to understand the “value” that silver has in PROTECTING YOUR PURCHASING POWER!!
Get it? Got it? Good! Now Go Get More!
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…
I believe that everyone should take the 10 minutes and watch this interview…
The $85 Billion Gorilla In The Room – Financial analyst and trader Gregory Mannarino says, “There will be no Fed taper . . the Fed is the $85 billion a month gorilla in the room, and this will be increased sooner than later.” Mannarino contends, “The Fed will not allow the dollar to be strong . . . They have no recourse.
There is no recovery here in the United States. There is no economic recovery over in Europe. The central banks are going to attempt to print more in greater amounts to keep this propped up.” Mannarino goes on to say, “They’ve already lost control here. We’re just watching a slow motion train wreck come apart.” Mannarino steadfastly recommends putting some money in physical gold and silver.
To his critics, Mannarino says, “I think people are missing the big picture . . . keep dollar cost averaging until the cows come home” Obama Care will be “awful” for the economy, and Mannarino points out, “This will be a wealth transfer. It’s that simple. They want young healthy people to subsidize the older sick ones.” Mannarino goes on to predict, “This is going to kill jobs beyond a shadow of a doubt. It is going to steal money that could be put into the economy.”
The Federal Reserve Is Monetizing A Staggering Amount Of U.S. Government Debt – The Federal Reserve is creating hundreds of billions of dollars out of thin air and using that money to buy U.S. government debt and mortgage-backed securities and take them out of circulation. Since the middle of 2008, these purchases have caused the Fed’s balance sheet to balloon from under a trillion dollars to nearly four trillion dollars. This represents the greatest central bank intervention in the history of the planet, and Janet Yellen says that she does not anticipate that it will end any time soon because “the recovery is still fragile”.
Of course, as I showed the other day, the truth is that quantitative easing has done essentially nothing for the average person on the street. But what QE has done is that it has sent stocks soaring to record highs. Unfortunately, this stock market bubble is completely and totally divorced from economic reality, and when the easy money is taken away the bubble will collapse. Just look at what happened a few months ago when Ben Bernanke suggested that the Fed might begin to “taper” the amount of quantitative easing that it was doing. The mere suggestion that the flow of easy money would start to slow down a little bit was enough to send the market into deep convulsions. This is why the Federal Reserve cannot stop monetizing debt. The moment the Fed stops, it could throw our financial markets into a crisis even worse than what we saw back in 2008.
Anyone with half a brain should have been able to see that this debt-based financial system that the Federal Reserve is at the heart of was going to end tragically anyway. The 100 year anniversary of the Federal Reserve is coming up, and the truth is that it should have been abolished long ago. The consequences of decades of very foolish decisions are catching up with us, and this is all going to end very, very badly. I hope that you are getting ready.
The Precious Metals Market: Welcome To The Matrix – What happens when you sell anything into a market? Inventories go up right? What happens when you sell a lot of something (i.e. an “exodus”)? Inventories go straight up.
What happened in the gold market during the third quarter, in the real world? Inventories went straight down. Indeed, during this entire, supposed “exodus” out of the gold market, faithfully reported by the WGC; Comex gold inventories have plummeted now by 80%, in aggregate.
This is the Real World. A sustained collapse in gold inventories, at a rate unprecedented in the modern history of markets. There is no more single piece of conclusive evidence on the status of any market than inventories. The report by the WGC is perverse, absurd, and unreal. There are only two possibilities in this Precious Metals Matrix of the WGC. Either everything reported by the WGC about the gold market is simply complete fabrication; or investors were selling something in Q3 (and Q2), but they weren’t selling gold. In other words, some/most (all?) of these paper-gold “funds” are nothing but paper, paper-called-gold.
What happens in any market when inventories collapse? Prices spike, in order to invoke the dynamics of supply and demand. Higher prices restrain demand, while simultaneously stimulating supply – allowing a market to move out of (extreme) deficit, and back to equilibrium, as inventories rebuild. What has happened in the gold market? As inventories have collapsed by 80%, prices have simultaneously fallen by 30%, a phenomenon which is mathematically/economically impossible in any free-and-open market.
Perverse, absurd, and unreal. Indeed, the simultaneous collapse of prices and inventories in any market is absolute proof of some form of (malicious) manipulation. Ipso facto, any phenomenon which could never occur naturally must be man-made.
Because time is running short for me, I still wanted to show you these…
What’s In Your Wallet?