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!


Two Things Investors Need To Know About Gold Right Now!

April 2, 2014 10:17 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…

I’m posting more and more of the research I find rather than my own commentary for the time being because I want you to know… I’m not making this stuff up. This is the craziest thing I’ve ever seen and that includes the witnessing of the 2008 financial collapse.

I truly believe we are on the brink of something major happening to our financial system and I’d like all my readers to be prepared – That’s why I spend countless hours everyday preparing these reports for you at NO CHARGE!

I just hope that when the day comes (and that day is coming very soon) and you want to take cover in hard assets, either in gold, silver or color diamonds… you will call The Silver News Surfer and allow me the opportunity to serve you.

Here is a question you should be asking yourself if you are paying the least bit attention to what’s going on around us…

With gold trading at $1,280 and silver trading at $19.80… should you be focused on the “price” or the “value” it represents in the time of crisis?

DID YOU KNOW As of January 1st 2014, as part of our Healthcare reform: Ya know… The “Affordable” Health Care Act

  • • The Top Income tax bracket went from 35% to 39.6%
  • • The Top Income payroll tax went from 37.4% to 52.2%
  • • Capital Gains tax went from 15% to 28%
  • • Dividends tax went from 15% to 39.6%
  • • Estate tax went from 0% to 55%

These taxes were all passed under the Affordable Care Act, otherwise known as Obama Care.

Now ask yourself… Do you really need a store of wealth like gold, silver and rare color diamonds?

The Two Things Investors Need to Know About Gold Right Now – Every asset in the financial system trades based on relative value. Ultimately, this value is denominated in US Dollars because the Dollar is the reserve currency of the world.

However, even the US Dollar itself trades based on relative value. Remember the Dollar is merely a sheet of linen and cotton that is printed by the Fed and is backed by the full faith and credit of the Unites States.

In this sense, the Dollar’s value is derived from the confidence investors that the US will honor its debts.

Moreover, the Dollar’s value today also derived from the Fed’s money printing. Indeed, a Dollar today, is worth only 5% of a Dollar’s value from the early 20th century because the Fed has debased the currency.

As a result of this the world has adjusted to this change in relative “value” resulting in a Dollar buying less today than it did 100 years ago.

The US “officially” owes nearly $17 trillion in debt. However, if you include unfunded liabilities this amount surges to at least over $80 trillion and likely north of $100 trillion.

These are promises the US has made. And the US Dollar’s value is based on the belief that the US will honor these promises.

These are promises that cannot be kept. And when these promises are broken confidence in the system will be broken. This will inevitably lead to a period of currency collapse.

Given the limited amount of Gold in the world, (a little over 171,000 tons) and the enormous amount of US Dollars in the world, this would require a revaluation of Gold to north of $10,000. Dylan Grice formerly of Societe General lays this out beautifully in the below chart.

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Former Treasury Secretary Warns Of Looming Financial CRISIS – In a new documentary produced by Bloomberg Businessweek and distributed exclusively by Netflix, Henry Paulson, former President George W. Bush’s Treasury secretary recounts what happened during the financial crisis of 2008. In a classic “we must learn from history” stance, Paulson expresses concern about the current economic climate and claims that this concern, in part, motivated the production of the documentary.

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“The Market Is Rigged” – Michael Lewis Explains How HFTs “Screw” Investors Every Day – It was almost exactly five years ago to the day, on April 10, 2009, that Zero Hedge – widely mocked at the time by “experts” – began its crusade against HFT [5]and the perils of algorithmic trading (which of course were validated a year later with the Flash Crash).

In the interim period we wrote hundreds if not thousands of articles [3] discussing and explaining the pernicious, parasitic and destabilizing role HFT plays in modern market topology, and how with every passing day, markets are becoming increasingly more brittle, illiquid and, in one word, broken. Or, as Michael Lewis put it most succinctly, “rigged.”

With Lewis’ appearance last night on 60 Minutes to promote his book Flash Boys, and to finally expose the HFT scourge for all to see, we consider our crusade against HFT finished.

Read More Here

Also…Watch the fight that stopped trading on the floor of the New York Stock Exchange

NOTE: So if the market is rigged from high frequency trading and virtually every other market know to man is either being manipulated of has been manipulated (such as LIBOR, Gold, Silver, etc) then where is an investor supposed to put his money?

Answer: Don’t “put” your money anywhere. Simply buy hard assets and store them in your possession! That’s why when people buy hard assets they call it a store of wealth!

Click on the picture of the diamond & see why I am always talking about them… Absolutely Stunning!

tdm yellow

Hold Something You Can Appreciate While It’s Appreciating!

Here Are Just Some Of The Benefits To You:                      

*Privacy

*Performance

*Portability

*Physical Possession

*Long Term Growth

*World-Wide Convertibility

*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…

Gold Projection by the Golden Ratio – Every major turning point in the gold market has been predicted by the Golden Ratio for the last thirty years. The ratio is predicting that this leg up in gold could send prices to a range between $2215 and $3880 from the low at $1180.

This article shows how Gold has been following the Golden Ratio which predicted all the major turning points with a high degree of accuracy for the past thirty years, and reveals the next possible major turning points. The Golden Ratio 1.618034… (also called the Golden Number, the Golden Section or the Golden Mean) can be found everywhere around us from mathematics to architecture, from nature to our own anatomy. But as you can see in the following analysis, it can also be found in the Gold Metal Charts.

The first chart presents the Secular Bear Market from 1980 to 1999 and the Cyclical Bull Market from 1999 to 2011 and shows how they are connected to the Golden Ratio 1.618. Firstly, you can see that the three most important turning points (1980 top – 1999 low – 2011 top) had a time duration which is accurately connected to the Golden Ratio. It is also interesting to note that the Golden Ratio has an inverse correlation with the previous turning point (high-low-high).

Secondly, the first leg up of the Cyclical Bull Market from the low on August 25, 1999 to the top of March 17, 2008 predicted exactly the low on June 28, 2013. Here again, the Golden Ratio has an inverse correlation with the previous turning point (low-high-low).

Thirdly, the second leg up of the Cyclical Bull Market – from the low on October 24, 2008, to the top on September 6, 2011 – pinpointed also the low on June 28, 2013 and once again, the correlation is inverted (low-high-low).

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Gold technicals and fundamentals now strong again – Today is the first day of the month and the gold price started to rise in Asia and then in London and appeared to be doing so ahead of New York’s opening. All immediate reasons for forcing the gold price down have disappeared. We expect to see the re-establishment of positions, a positive for the gold and silver prices. Both the technical position and the fundamental one remain strong.

It appears from weekend meetings that the ‘crisis’ in Ukraine will fizzle out. We did not see a large ‘Ukraine’ premium on the gold price so do not see any further falls due to this. Add to this Janet Yellen almost backtracking on the timetable for rising interest rates, another gold positive.

The Indian Finance Minister has informed the world that he is consulting with India’s central bank on lifting restrictions on gold imports. We expected more, but at least he confirmed he is considering easing them

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Shocking Chart Shows Gold Will Rise Over 100% In One Year – I find it amazing that Western sentiment toward gold and particularly silver remains so negative.  After all, gold’s 7% rise in just one quarter should be viewed as a big event.  But these low sentiment readings suggest that people in the West are simply not paying attention to what the precious metals are doing.  They are also ignoring that people in the East want all the physical metal they can get their hands on.

This news is important for investors everywhere, yet few people are paying attention, probably because the mainstream media is still painting a bearish picture for the precious metals by reporting the views of analysts from the big bullion banks, nearly all of whom are bearish.  But these analysts are ignoring what central banks are doing to destroy the purchasing power of national currencies.

But there is a more important message in the chart:  It shows how much catching up gold has to do. For the correlation to resume, the gold price has to double from here.  So looking ahead, there is every reason to expect that this year’s second quarter will be at least as good as the quarter just ended.  So for the correlation in the above chart to get back to normal, the price of gold needs to rise by more than a staggering 100% over the next 12 months.

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