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Now onto protecting your wealth…
So the battle on Wall Street continues with another massive sell off… I hope you like the color red because I think we will see a lot more of it when it comes to equities.
Take a look at this picture I took with my iphone at 2pm EST
However, please note that as far as I can see, we will most likely witness a dead-cat bounce perhaps with the FED minutes this week. Use this opportunity to get the heck out of dodge and make a shift. That’s how you have to see it… a shift. Lighten your load on equities (at the top) and start acquiring some gold and silver (at or near the bottom) when the cycle completes… rinse and repeat!
Look, Its always been sell in May and go away and now we are April – so with all these warnings I’ve been presenting to you, why would you want to squeeze every last point out of the equities… that’s way too stressful.
Silver & The Nastiest Stock Market In History – I note that one of my favorite newsletter writers wrote that “gold is just another currency.” I disagree. Gold represents pure wealth and unlike all other currencies, gold needs no nation to guarantee its worth or value. The gold that Cleopatra wore around her neck represented wealth in her time. And that same gold represents wealth today.
All the gold ever mined in history represents wealth today. Can any currency make that statement? No, gold is not just another currency. Tie up a bundle of hundred dollar bills, put them in a vault, and will them to your great-great-grandchildren. Then place twenty gold one-ounce coins in a box and will those coins to the same great-great-grandchildren. Which is a better and more valuable gift? Odds are the bundle of hundred dollar bills will, in due time, be worth nothing unless they have some collectible value.
Below we see the silver/gold ratio. And what’s this? The ratio has turned up in favor of silver. I encourage subscribers to take actual physical positions in silver. I think something is quietly brewing in silver. Buy the “monster” pack of 500 ounces of silver. The pack comes in a special green box, put out and packed by the US Treasury.
Just last night I read that Moody’s downgrades Ukraine to ‘default imminent’ so now, Gold buoyed by Ukraine fears; is a bull market ahead?
Power Of Elites Influences Gold And Silver Price More Than China’s Gold – No one knows when things will change but change they will, and only then will the price of gold and silver find their natural level.
It is always worth making the distinction between buying and owning physical gold and silver v futures. We encourage buying and personally holding the physical to the extent of one’s ability to buy both on a consistent basis, regardless of price. The endless printing of digital currency ensures the financial picture for the U S will end badly.
Those without gold and silver will suffer considerably. Those with physical gold and silver will also suffer, but they will be better positioned to survive the financial chaos sure to follow.
Its my most humble opinion that those with a diamond will suffer less because diamonds are not money, they are an asset and this asset has a major disconnect from Wall Street and Central Banks.
Click on the picture of the diamond & watch this NEW short video on CNBC. It is an eye opener!
Hold Something You Can Appreciate While It’s Appreciating!
Here Are Just Some Of The Benefits To You:
*Long Term Growth
*Oblivious To The Ups & Down Of The Financial System
*Doesn’t Rely On Reports To Realize Price Appreciation
Now onto the breaking news that matters…
9 Very Exciting Gold Charts – Below are 9 exciting gold charts which clearly show that gold is about to move forward – greatly – in the months to come. Here is a look at why this is the case and then take action as your means permit.
Historically, the month of March is not very ‘gold-friendly’ but April and May are more conducive to providing a rally. The March pullback came on schedule and appears ready to turn into a rally.
The two tiny ‘blips’ in yr 2000 and 2001 represent the large amounts (at the time) of money shoveled into the system by Mr. Greenspan to keep the system afloat during Y2K and ‘911’. The amount of money that is added at this time is mind boggling. During the last 30 day period the base increased by 80 billion dollars. No ‘tapering’ here.
While not all of this money will find its way into gold and silver, some of it will, and as the rally that began on December 31st picks up steam, more and more of this liquidity is expected to move into the precious metals sector.
Hedge Funds Get Gold Timing Wrong on Rebound – Hedge funds and other speculators misjudged gold prices for a second time in three weeks.
Just after the investors sold bullion holdings for a second consecutive week, a disappointing U.S. jobs report sparked the biggest rally in prices since mid-March. Their funds fared better in the five preceding weeks, correctly adjusting wagers 80 percent of the time.
Investors who were anticipating gold’s 2014 rebound would fizzle had reason to be confident at the start of last week. As U.S. equities surged to a record, bullion slid to a seven-week low on April 1 as fewer traders saw the appeal of the haven asset. Three days later, the payrolls data drove shares lower and bullion prices 1.5 percent higher to $1,303.50 an ounce, the biggest gain since March 12.
“There’s a lot of risk to these markets,” said Uri Landesman, the president of New York-based Platinum Partners, which helps manage about $1.35 billion of assets. “There’s sort of a 50/50 chance we go to $1,400 or back to $1,200. It’s really a hard call to make. My gut feeling is that the equity markets turn down sometime soon. I think that gold could once again become a safe haven.”
Record-Breaking Gold Backwardation Shocking Banks & Shorts – There are so many economic distortions throughout the world today, Eric, no wonder so many people are totally confused about what to do with their money. The central planners are hard at work pursuing policies that are destructive to markets. They do not understand or are completely oblivious to the fact that their constant interventions are perverting economy activity.
We have spoken before about how the super-rich are exiting currency into safe forms of tangible wealth, like collectibles and real estate in perceived safe-havens like London and Singapore. But there is also money flowing into physical precious metals. The demand from China seems insatiable, and maybe that is where the flight from currency is at its most advanced stage.
It is not just the Chinese super-rich who are leaving national currencies, but the Chinese middle class as well. When we consider that there are over 500 million people in that country’s middle class and that the majority understand gold’s unique attributes that make it a safe-haven money, the potential gold demand is mind boggling – as is the potential for higher gold and silver prices.
This Is Horrifying For The West & Will Bring The US To Its Knees – Gold is now entering its fourth week of lockdown. The price of gold was essentially knocked down $100 for virtually no reason at all. At this point the fundamentals for gold are absolutely rock solid. The sentiment for gold is terrible and you couldn’t get a better set up for a major move.
The continuous printing of money has now led to a seriously overvalued and extremely vulnerable U.S. stock market. As we both know, if the stock market were to collapse or run into some serious problems, the impact on the economy would be substantial. This is what people should be focusing on, rather than the money high frequency traders are skimming. They should be focused on the enormous systemic risks of what the Fed’s policies have created.
The problem for Western central planners is that they can only distort reality for so long. And when this all comes to an end in the future, I think the prices of financial assets such as stocks will come tumbling back down to reality. This is when gold, silver, and the shares will experience spectacular rises. It’s absolutely important that people understand that.”
he move by major nations to price oil in other currencies is huge. These other nations are sick and tired of the advantage the United States has enjoyed. This is why there is a move to start pricing international transactions in a currency other than U.S. dollars. This could be the thing that brings the U.S. dollar to its knees. Robert Fitzwilson addressed the potential of a flash-crash in the dollar, and I think the petro-dollar movement could certainly trigger something like that.
The long-term prospects of what the West is doing with its gold price suppression scheme are horrifying. I almost can’t believe this is occurring because it’s hard to believe Western central planners are this stupid and arrogant.
So here we have an extremely vulnerable U.S. dollar at the same time most of the West’s gold is either already in the East or headed there at a record pace. It’s shocking actually, and the longer-term aspects of this are extremely negative for us who live here in the West.”