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!
Before y’all start freaking out, I’d like to remind you that today is the day before one of the biggest holiday celebrations in the US, thus, there should be some profit taking in the metals throughout the day.
Also, as a reminder, I’d like for you to take a look at this. Hopefully, this will serve as a reminder of what to expect in July and going forward. Regardless of where gold & silver land for the month of July, it is historically THE BEST month to buy silver or gold.
What makes this even more convincing is the fact that we have so many geopolitical tensions going on around the world today and what’s more is that the new President in India favors gold and the “word on the street” is that he will be lifting the restrictions on gold imports to India this summer.
If you remember, this is just in time for the BIG India festival season that is known to ignite the gold market each year. BREAKING: India’s Central Bank Will Sell Gold on the Market in Exchange for Gold at the Bank of England
Tomorrow, as you watch the fireworks that represent the Independence of the United States, (enjoy it while it lasts –Land of the free? Not so much. Americans’ sense of freedom drops, poll finds.)
As you watch the rockets red glare, the bombs bursting in air… Think about silver! Because when the fuse gets lit and hits the gun-powder, there will be no stopping the rocket!
Grant Williams – Expect Serious Fireworks In The Gold & Silver Market – Gold may not go screaming straight back to $1,900 from here, but if we hold $1,300, and we hold it strongly, and then we get through $1,350 and hold that level, you are going to see an awful lot of people start to look at gold from the long side and that’s when the serious fireworks are going to start.”
$1.75 OVER SPOT DELIVERED TO YOUR DOOR!
Now, onto the breaking news that matters…
The Coming 2 Stage Rally In Silver – As the MSM, Wall Street and various so-called analysts waste time focusing on worthless and insignificant data, the price of silver is positioning itself for the coming TWO-STAGE RALLY. The majority of the precious metals analysts discuss the revaluation of silver as it pertains to the amount of fiat currency in the system.
While this is a good determination (from past historical guidelines), it only deals with one part of the overall equation. The second and maybe the more important factor… is the destruction of “PAPER CLAIM CHECKS” on physical assets.
Today, we have reached the limitations of energy, resources and the environment. Unfortunately, MSM and Wall Street tend to ignore energy and resource scarcity in their news releases and forecasts. Why? Because without unlimited growth forever, Wall Street’s business model will implode. Folks… PEAK RESOURCES destroys the ability for Wall Street to continue.
Unfortunately, PEAK OIL is here…. it’s just a matter of time before the declines take place and we enter into a world in which we have no experience. Thus, as the energy supply declines, the valuations of STOCKS, BONDS and most PAPER ASSETS go down with it…. probably not a orderly decline.
When the investing public realizes that GROWTH IS NOT POSSIBLE… I see a panic out of PAPER CLAIMS and into physical assets such as GOLD & SILVER coming in the future.
Silver Set For Stunning 33% Surge As Gold Market Breaks Out – With action in the gold and silver markets heating up, today top Citi analyst Tom Fitzpatrick sent King World News two incredibly important charts which show that silver is now set for a stunning 33 percent surge as the gold market breaks out.
Recent price action seen on both precious and base metals has been very constructive and in some cases we are beginning to see decent bullish breaks. The days and weeks ahead are likely to see higher levels from here.
Gold Poised For Breakout To 2014 High As Sellers Dry Up – This latest move has confounded gold and silver bears. There is no logical reason gold should be rising, they say. After all, stock markets are at record highs and the Federal Reserve continues to taper its quantitative easing program. Yet as is often the case, big moves happen when no one is expecting them. We won’t point to any fundamental catalysts that may have propelled gold higher, because any such explanation is secondary to what the charts are telling us. Quite simply, everyone who has wanted to sell gold has sold. There is no one holding gold, waiting to sell when the Fed makes its next $10 billion taper. Instead, it’s the bears and short-sellers who attempted to push gold lower on the back of Fed policy, but failed. When prices wouldn’t break, they were forced to cover, leading to the huge snap-back rally we saw in June. That leaves prices where they are now, just below $1,330 and primed for a potential breakout to the upside. If that happens, gold will be set up to challenge 2014’s high at $1,392.
BEYOND A REASONABLE DOUBT?
YOU BE THE JUDGE!