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Horrifying Financial Destruction To SHOCK Investors

August 1, 2014 9:28 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!

Don’t worry, the equities will resume their record highs day after day, month after month to infinity… Someone with a fat elbow just leaned on the sell switch by accident yesterday! – 300 point sell off – OUCH!

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The metals also came off a bit due to the strength of the dollar. That just sounded ridiculous didn’t it? The strength of the dollar? With TRILLIONS sloshing around in the system, how can the dollar have strength? Simple.

When the equities fall the way they did (and will) the US dollar is still the reserve currency, so when someone dumps stocks, they run to the dollar for a day or two until they say “this is no go either, I need to find under-valued assets to park my money!” With stories like this: U.S. inflation accelerates sharply in second quarter where so you think people will go to next?

First, lets see who is saying what about the equities… And who knows it better than this guy… 

Greenspan Says Stocks to See ‘Significant Correction’

Ron Paul: Stocks are in a bubble and will crash and out of the other side of his mouth: Gold Could Go To Infinity

Triple-digit fall for Dow futures after jobless claims

Man Who Executed QE1 For Fed Warns Major Turmoil Is Coming

Legend Warns Unknown Event May Trigger Avalanche Of Selling

Five reasons why the market is seeing red

This threat is ‘head-and-shoulders’ above all others

These factors could exacerbate sell-off: Cashin

Ugly day for the stock market; strange day, too

Now, lets see who is saying what about gold & silver…

Gerald Celente – Terrifying Crash & Death Of The Global Ponzi Scheme

Jeffrey Saut – Stock Market Plunge, Gold, Crisis & Contagion

Gold Prices From 1971 To 2014 in 3 Waves

Hold some gold. Better safe than sorry – Russia has been purchasing gold strongly in recent months.  It purchased some 18.6 tonnes in June alone.  It looks to be preparing itself for a period of financial attacks and sees gold as the best insurance against this.

Russia obviously believes in gold – as seemingly does China, the other modern day superpower.  Does the West believe in it any longer?  It’s hard to tell.  On the face of things no.   But who knows what is said behind closed doors except those directly involved – and they aren’t saying.

Thus it is still perhaps a good idea to hedge one’s bets and hold some gold against yet another global financial crisis precipitated by tit for tat sanctions.  Particularly when one is aware that today’s fiat currencies have virtually no backing at all and could revert to the value of the paper on which they are printed.

Let’s hope it doesn’t happen, but it may be better to be safe than sorry.

Read More Here

Now onto the breaking news that matters….

 This Will End In Tears For The West As Gold & Silver Soar – The U.S. is playing a dangerous game, and in the midst of all this you have the gold market setting up like a coiled spring.  The gold market is just waiting for signs of further capitulation of U.S. hegemony in major financial markets.  And I think we are getting closer and closer to realizing that sign.

Once it becomes clear that the U.S. is continuing to lose power in this world, it will be too late to buy gold.  Gold will be taking off like a bat out of hell.  I’ve told you for the last month or so that I sense there is a bid under the gold market.  I believe that bid is from China.  They want the gold right now.  So as the power continues to flow from the West to the East, gold and silver are the best plays from any reasonable long-term perspective.

In my opinion, investors have to overweight gold and silver as much as possible in their portfolios because I don’t see how this ends in anything but tears for the West, and this will eventually lead to a mania in the gold and silver markets. This is why investors must get positioned in the metals now.

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Gold Dips, Silver Eagle Bullion Coins Top 26 Million – United States Mint bullion sales were unchanged Wednesday as of 3:17 PM ET, but American Silver Eagles advanced by 260,000 in the later hours on Tuesday. The gain lifted Silver Eagle sales over 26 million for the year, maintaining a pace that is the second quickest in the coin’s 29-year history.

Silver Eagle sales in record year 2013 had topped 29 million through the first seven months.

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Horrifying Worldwide Financial Destruction To Shock Investors – With every passing day my conviction strengthens that gold will be virtually the only protection against a worldwide debacle that we are about to experience.

We went into gold in 2002 because it was already clear to us that gold was the ultimate wealth preservation asset.  Since then gold has gone from $300 to roughly $1,300 today, but we are not holding gold to make money.  We are holding gold in order to protect investors’ assets against the continued destruction of paper money by governments, which is happening worldwide.

Also, the geopolitical situation is looking more dangerous by the day.  These factors are not good for the world, but they will have a direct and massive upside impact on the price of gold and silver.

But people must not see gold as a short term investment.  They must instead look at the bigger picture.  By being patient, holders of physical gold and silver will realize in the next few years that they have made an extraordinarily wise decision.

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Black Swan To Engulf The World In Catastrophe – Almost a hundred years ago to this day the world witnessed a random assassination that triggered a horrific world war. Nobody saw that coming.  At that time there were market participants who were buying the dip and thinking everything would just blow over.

Of course it didn’t and those investors paid dearly. So the real danger is the complacency in major markets.  This almost assures that a catalyst will trigger selling and that the selling will engulf the market.”

The number of possible black swans is increasing with every new and unstable situation developing across the world.  We have the ISIS situation, the Israel situation, the Ukraine situation.  These all could escalate into a major crisis because someone makes a bad mistake.

So a situation may start off as a mistake, but who knows how quickly things could spin out of control?  This extends way past gold and into the equity markets, which are making new highs in the face of all this.  So the potential for a miscalculation is growing every day.

Yet none of this is being reflected in general markets, and I think that’s very dangerous.  At some point the music is going to stop, and when that happens people will be unprepared for the potentially catastrophic fallout.

Read More Here

Sorry to inform my men readers… But when it comes to how much silver you own…

SIZE DOES MATTER!