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…
We all hear (and maybe tired of hearing) that the gold here in the US is moving to the East (china specifically) Well, it looks like the wealth they are creating at our expense is shifting back here to the US – But not the way we had hoped…
The Big Reset – The office building of JPMorgan with its largest private gold vaults at Chase Manhattan Plaza, opposite to the New York Federal Reserve building, has been recently sold to the Chinese. This indicates the US and China seem to be working together in advance towards a global currency reset whereby the US, Europe and China will back the SDR’s with their gold reserves so the dollar can be replaced.
This could be one reason that BofAML says: EUR Has Topped And Gold Will Surprise To The Upside as I’ve noted, there is something bigger happening behind the curtain that we can’t clearly see… YET!
Backwardation is back. In this piece (although a bit lengthy) Gold Arbitrage and Backwardation – Arbitrage is what drives economic action and, therefore, it drives prices, changes to prices, spreads, and changes to spreads in markets. The reason I post this stuff is to give you all of the information that is available to us for your education.
We know there are so many reasons for the price of silver and gold to rise and one of the big catalysts for this year will be not only the FED continuing to print $75 Billion a month, but apparently, the G’mnt just got a green light on a $1.1 TRILLION dollar spending bill – Do you think anyone read the bill before they passed it? Nope! They just see the number and know that a big piece of it goes to them; in fact, When asked Who Read 1,582-Page $1.1T Spending Bill Congressman Says: ‘Nobody Did’
Believe It Or Not, The Fed Wants Gold To Rise But They Want It To Rise Orderly This interview with Matterhorn Asset Management and Jim Rickards is explosive! If you can and want to learn how to protect yourself, you should watch/listen to it.
So as they continue to print, lie, send our gold to another country and they in tern, buy our Wall Street Depositories and other companies in the US… All we have to do is Wait for the Price of Silver to Confirm Its Intent – Then Start Stacking – You will be richly rewarded! How easy is that?!
Turning to the “Other” hard asset wealth protector…
Rising Appetite to Invest in Colored Diamonds – Nov. 2013 – Large diamonds have proven to provide good returns on investment in recent years. A 50.01-carat rectangular cut diamond that was sold at Christie’s New York in 2005 for $4.2 million came back to market last year and sold for $8.4 million.
There will always be a market for stones from 1 carat to 10 carats also, but at 50-100 carats we are looking at an elite buying field, and the rarer they are, the better they fare, Colored diamonds are continuing to climb in value as the market realizes that the supply is dwindling.
One bidder at auction says “I expected to win more stones as I bid quite bullishly,” he said. “I have seen the demand for these rare and beautiful stones continue to grow over the past years. The perception that they may become extinct in the not too distant future is a huge factor.”
Wealthy individuals have been investing in diamonds as a secure asset in an uncertain environment of low interest rates, according to Wealth-X, a consulting and research firm specializing in the habits of ultrahigh-net-worth individuals.
I hope you have taken an opportunity to watch this video below – If not, please don’t put it off one more day…
IMPORTANT: Click on the image of the diamonds and it will redirect you to a secure page where a brief 15 minute, very informative Q&A video will play for you and give you some information on a growing trend that you don’t want to miss – This video will help educate you on the reasons why people are turning to fancy colored diamonds as a way to protect their wealth.
Now that my friends – Is Protecting Your Wealth!
Beauty, Timeless and Elegant!
If you have any questions, you know you can call me anytime or feel free to use the contact form under the video.
Buy your Hard Assets from a source you can trust –
Buy Your Hard Assets From The Silver News Surfer!
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…
The Silver Spike Is Going To Shock The World In 2014 – The big question everyone should be asking here, Eric, is: When are gold and silver going to break out from the huge base both precious metals have been forming since their low price was reached last June?
I think we are getting very close. Will it happen this week? Will it happen before the end of this month? Who knows? But even if the upside breakout is still a few weeks away, or even if the precious metals need to make one more dip into support around $1,235 and $19.90 respectively, we are getting very close.
So the strategy I recommend remains the same: Continue to accumulate physical gold and physical silver because they remain extremely undervalued, and they are money that is safe because they are outside of the banking system. The following silver chart shows the potential awaiting us.
We can see how silver is being accumulated since its low in the 1990s. This “cup and handle” pattern is a classic, and it looks like the handle is finally ready to be completed as silver is now set to vault higher. But the real excitement will start when silver breaks above its all-time high of $50 per ounce.
Gold of course is still well above its January 1980 record, so silver has a lot of catching up to do. As this explosion in the price of silver takes place it will shock the world and leave market participants speechless.