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!

Gold Starved Indians Still Soaking Up Silver – Big Time!

December 13, 2013 8:30 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…

As Initial Claims Spike Most Since Sandy To Worst In 9 Months we get treated to a waterfall decline (on no news that I could find) when the complete opposite should happen. That tells me that these guys are running scared; and why shouldn’t they be, when the US Debt is Up $3T In Less Than 3 Years Under Boehner’s Deals; Which is More Than Under All Presidents from Washington Through Reagan combined! 

When things seem too crazy and you can’t believe your eyes, you start to think… enough is enough already – Yesterday, another bombshell was dropped; The IMF now wants you to pay 71% income tax Now, just so we are straight… They gamble with our money and lose and we pay while they get record bonuses?

Here is just a quick example of How Markets Are Rigged Against You 

So who and what do we believe? Who and what can we trust? For starters,If You Don’t Trust the Fed, Here’s an Inside View That Confirms Your Worst Suspicions

So again… who and what can we trust? Here are a couple of thoughts:

If history is any guide, then this will show you the last 200 Years Of Dollar Debasement and the last 5,000 Years of Gold and Silver as Money – Time and hard assets are on our side!

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-Starved Indians Still Soaking-Up Silver – Informed precious metals investors are well aware of the tremendous “squeeze” placed upon gold demand in India, via the draconian suppression of imports. Regular readers of my work understand that this gold-squeeze was, in fact, instigated by the One Bank – through placing enormous pressure on India’s government.

But as readers are frequently reminded, actions have consequences. When the supply of gold to the world’s largest precious metals market (and most-astute precious metals investors) was severely restricted; Indians switched to silver – and in a big way.

Even by June of this year, the Indian stampede into silver was already apparent. As noted in a previous commentary; it was at that time that the One Bank was maximizing its efforts at Indian gold-suppression (resulting in a total ban on imports) because monthly Indian gold imports had exploded to an annualized rate of around 2,000 tonnes/year.

In the silver market meanwhile, by the end of May; India had already imported over 2,400 tonnes of silver to meet surging demand, versus 1,900 tonnes in all of 2012.

At present, as precious metals investors; our best hope is that some sort of Decoupling will occur in the precious metals sector. Markets would divide into the (totally fraudulent) “paper bullion” markets, where practically no real metal would ever trade; and (what would most-likely be) illegal Black-markets for bullion.

We can protect ourselves, somewhat, individually, by accumulating gold and/or silver, and (simultaneously) ridding ourselves of the One Bank’s corrupt paper. If we’re driven out of gold; it can only be with the consequence of driving us into silver (and vice versa). But collectively; we will never be anything but “moles” dodging a sledge-hammer until the One Bank ceases to exist.

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This is Going to Get Ugly Real Fast – Dent, Faber, Celente, Maloney, Rogers – What Do They Say Is Coming In 2014? – Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core.  Many of the quotes that you are about to read are from individuals that actually predicted the subprime mortgage meltdown and the financial crisis of 2008 ahead of time.

So they have a track record of being right.  Does that guarantee that they will be right about what is coming in 2014?  Well of course not.  In fact, as you will see below, not all of them agree about exactly what is coming next.  But without a doubt, all of their forecasts are quite ominous.

Unfortunately, if the economic experts quoted above are correct, this is just the beginning of our problems. The next wave of the economic collapse is rapidly approaching, and things are going to get much worse than this.

Read More Here