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!

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Precious Metals Consolidate Before September Rise…

August 18, 2014 8:57 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!

 

Why could September be the month for the a rise in the precious metals complex? First, consider its history within the current secular bull market. As I’ve noted in the past, for 11 out of the past 13 years we have seen very important breakouts in both Gold and Silver in the month of September, which carry gains well into fall and early winter.

But wait surfer… You’ve been saying this stuff all summer long and nothing has happened yet, what gives?

To start, Friday’s attack on precious metals showed us that nothing has changed with the new silver Fixing – some people were praising the new computer program fix, but I guess some people don’t remember that human hands make computers compute, so its the same old same old. I will say that the power struggle in the metals are exciting to watch!

HOWEVER…

Be reminded that it is summer and the ol doldrums are upon us… Thin trading and low volume make  Metals and stocks volatile because the BIG guys, traders and fund managers are on summer vacations. Also be reminded that we are now halfway through August and Labor Day Weekend (which officially says summer is over) is only 2 short weeks away.

Now, add into that seasonal mix the fact that the tensions are escalating all over the already fragile world.

On Saturday, the U.S. says they conducted air strikes in Iraq near Irbil and Mosul dam and over in the other heated part of the world,  Ukraine captures rebel building, jet shot down. Also, If you’re wondering why the price of oil has cooled down… maybe this has something to do with it:  ISIS is taking over oil fields in Iraq and Syria, making as much as $3 million a day in sales 

This is why you must see through the thick clouds of smoke and understand the truths; and the main truth that needs to be understood here is that the Equities are ready to cave in and gold & silver will become the beneficiaries of this paradigm shift.

Don’t believe me? That’s OK, don’t. I’m just The Silver News Surfer researching about 10 hours a day 7 days a week… However, Soros Fund Management increased a bear-call bet on the S&P 500 in a huge way. The fund lifted a put position — a bet the market will go lower — on the S&P 500 ETF SPY  to its biggest size yet, in terms of value and portfolio percentage, making a 605% leap over the previous quarter. Ya think they are expecting the market to tumble? Do you think Georgie knows some boys on the inside?

Also read George Soros loads up on bearish market bet

Now on the other hand, Paulson holds onto gold ETF, as Soros adds gold miners and if that were not enough to rattle your cage, CNBC Laughs at Bullish Gold prediction, Which is always a sign of an impending rise! I mean seriously. With all due respect (if there is such a thing) when did CNBC ever get it right?

If you are like me, you smell something brewing and you know damn well its not coffee. This is the time to take cover friends… before the storm, not after the storm. Some of you have called me over the past two weeks and said you are ready to buy gold & silver but haven’t yet.

When I can you back to follow up, you kinda chuckle and say you’ve been so busy. Sorry friends, busy is not a reason. China is busy too, but if you saw how U.S. Investment Outflow Hits Record as China Cuts Holdings  you can see they are taking all this very seriously and I think you should too.

Now don’t get mad at me for calling you out and go somewhere else to buy, I’m just trying to help you to understand the urgency behind preparation and how silly it is to procrastinate. Everybody can find 10 minutes in the course of a day, in fact, there are 144 10 minute increments in a 24 hour period and as I’ve told you; I am available to you for 72 of those 144 10 minute increments. 9am-9pm 7 days a week.

I think what is happening is you are trying to time the markets again… So what if silver dropped another buck and equities went up another 500 points… it doesn’t matter in the big picture of things.

Just remember The five most important reasons to hold gold – Questor editor John Ficenec says economic and political factors mean investors need gold in their portfolio even if the price has fallen in the last two years.

Look at this ruler below…

ruler

 

We have numbers 1 through 12 and this to me is like the gold, silver and the equities market…

With regard to the equities, I’d say we are more closer to the 11″ side of the ruler which offers very little upside potential and a significant downside risk.

Now, with regard to gold & silver, I see us more towards the 1″ side of the ruler with very limited downside risk and a significant upside potential from here.

(Thanks to Bill M. for the idea of the illustration)

Everything works in cycles Friends, and we’ve been in a bear cycle in precious metals for a bit more than 3 years now and the cycle will turn and when it does, it will turn quickly. I just want you to be protected and prepared rather than go through panic and stress.

Now, if you’re stomach can’t handle the volatility of either the equities or the precious metals and you want to have a “slow and steady wins the race” sort of approach, then don’t forget about these precious gems…

Again, According to Christies & Sotheby’s… Rare Fancy Color Diamonds have seen a 10-15% appreciation in value each year for the past 40 years with almost no volatility!

 

Click On The Diamond For A Brief Yet Powerful Video…

colors-of-diamonds

ALSO: If you would like advice from a FINRA, registered financial adviser on what you should do with regard to alternative investments in your portfolio, my friend Steve Magallanes from Treasure Coast Financial would be happy to answer your questions and address your concerns… He is a great listener, a christian man and puts your needs and goals first.

 

Just tell him the Silver News Surfer told you to call… this guy really knows what he is talking about with regards to investment diversification!

 

From a financial adviser’s point of view, look at Steve’s…

 

 Seven Points to Consider About Alternative Investments

Now onto the breaking news that matters….

U.S. Desperate To Halt German-Chinese-Russian Alliance – Today an acclaimed money manager told KWN that that the United States is now desperately trying to put a stop to an alliance between Germany, China, and Russia.  Stephen Leeb also said investors must be overweight physical gold and silver in order to survive the coming chaos and shift of power that is about to occur.

All of this is escalating the move together between the yuan, the ruble, and the mark, along with gold.  I now think that time frame has been moved up a bit.  And because of that I think the Chinese continue to have a very, very strong bid in the gold market.  Judging by the action in gold, whenever it looks like its getting ready to fall it gets support coming in the form of bids from China.   So my guess is you don’t have a lot of downside risk in gold.

What you are really waiting for now is when are you going to get that upside in gold?  In the meantime, I would still focus on silver.  Despite economic weakness in the world, I still think it will be a stronger performer than gold.  Silver is much cheaper for the masses to buy.

But I want to end by telling readers around the world that they have to be over weighted in precious metals.  As the dollar falls from grace, this will turbocharge gold and silver and also completely change the way the world is being run.  This will be a much more difficult time in the United States because of massive inflation.  This is why it is so important that people protect themselves ahead of this coming chaos.

Read More Here

Fleckenstein – U.S. Stocks To Crash As No Liquidity Fuels Panic – This can’t possibly end well.  This has gone on for so long.  It’s still not possible to say when it’s going to change and what’s going to be the catalyst.  The important thing to understand is that this is a very fragile structure.  The market is very crash-prone.  There’s not going to be any liquidity on the downside because of what’s happened in the banks — the algorithms and all that other stuff.

But none of that matters until it matters.  So you just have to understand what the mosaic is and what the facts are, but you can’t try to act on them until it starts to matter if you are going to express a view that is going against the printing of the central banks.” For instance, when the housing bubble started to burst I knew that the economy was going to get destroyed because the housing bubble had been driving the economy.

What I didn’t know was that the idiots at Lehman Brothers like Dick Fuld and the rest of these guys at Merrill Lynch and Bear Stearns were the ones owning all that debt on leverage.  And so that took that crisis, when it hit, in a different direction than had some other entity owned all that paper.  So when this thing starts to unwind, how exactly it’s going to go and where it’s going to be hit the hardest, you can’t know until we start to find out exactly who has been misbehaving the worst.

Read More Here