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!
On the other side, according to a lot of analysts, economists and just about every big-wig out there; the equities will start to fall in the second half but the Real Stock Market Correction is Going to Blindside Most of Us. In fact, Here’s Why analysts say September could be a big deal for equities
Even the SocGen’s Albert Edwards says the S&P 500 now ‘running on fumes’. Understand friends, breakouts and corrections never come with a 24-hour notice attached. They happen slowly at first, then a catalyst makes them move all at once. What kind of catalyst could change the financial environment? Ukraine says “close to point of all-out war with Russia” or maybe its how Al Qaeda Calls For Preemptive Jihad against USA One of these suckers is about to blow.
However, the MSM & the banksters want you to feel good so you keep piling your money in the equities and then all at once they steal it from you…. Even the Chairman of TrimTabs Charles Biderman says ‘Rigged’ Market Nearing a Top.
Remember the 2008 crisis how you sat in front of the TV or computer scream in total dis-belief that the market crashed the way that it did as fast as it did? Yet it happened and investment banks like Lehman Brothers, Bear Sterns and AIG collapsed and so did your investment dollars if you were a shareholder. History doesn’t favor this rally, says Art Cashin
Now we have the same thing ready to happen again and most of us are just as complacent as you were in 2007/2008. We don’t know which bank, which investment firm or brokerage firm it will be this time, but the domino’s will fall. Unprecedented Global Financial Wipeout Is Coming
What’s my point? My point is that Wall Street has gotten people so complacent with the record highs month after month and year after year, that most people still have 100% of their wealth entrusted in the equities market and Wall Street banks.
In fact, even Wall Street Admits That A Cyber-Attack Could Crash Our Banking System At Any Time – And you would rather have your money in a bank instead of scattered about in different hard asset classes outside the banking system? This is the definition of complacency my friends and its also the definition of insanity. Doing the same thing over and over and expecting different results.
Diversification is key friends and that is what I’ve been preaching about for so long now with Gold, Silver and Rare Color Diamonds. Also, as noted so many times, people call and write in to me all the time about why I’ve been saying buy silver now and yet it hasn’t moved anywhere!
Again, nobody knows who or what will rattle that first domino enough to tip over and fall, but they will tip over and fall, its only a matter of time. I just say that it makes more sense to take precautionary measures than to do nothing at all until the event happens.
Look, Just 2 weeks ago we saw how George Soros made a HUGE bet on the equity markets crashing, but nothing hasn’t happened yet – Does that mean that nothing will happen? Just because Georgie doesn’t know the exact timing of the markets to the day or even week, he can see when something is way over valued. What was his follow through move? He added to his gold instruments… something that is undervalued. How gold is defying the haters
You nor I. or even someone like George Soros can pick an exact bottom or the exact top to any market, but its the spread in between where people make money.
BTW, If you want to buy gold (or silver) buy the real McCoy, don’t go buying paper instruments. The purpose of acquiring gold and silver is to get out of paper liabilities and get into hard assets that have no counter-party risks nor is anyone else’s liability. Comex Gold Warehouses Filling Up…With Paper
Find an over-valued asset and start selling, then take your gains and go find something under-valued and buy it… rinse and repeat again and again – Its really as simple as that. You just have to be able to spot the difference and stay true to your inner convictions.
Now, Onto The breaking News That Matters…
Bo Polny Update – Get Ready for a Fall 2014 World Commodity Bull Market Breakout!
Cycle analysis indicates the third and final 7-year tidal wave of the 21 year Grand Tsunami Gold Bull Market cycle began this past July 2014; Gold has been consolidating in the 7th year of sabbatical rest within a Symmetric Triangle and one final push lower is still possible before a breakout arrives this fall 2014 that lead to World Commodity Bull Market Breakouts!
There remains a very probable possibility of a commodity inflationary price spike and should this inflationary spike occur, Gold would easily achieve $2000 by year-end.
If no inflationary spike arrives in 2014 (as cycle analysis favors it will occur) expect Gold to still close the year closer to $2000 than $1300.
The 7-year Gold cycle dictates a THIRD Gold Bull Market breakout comes this fall 2014 and runs for the next 7-years into the year 2020-2021!
The Gold Market Is A Coiled Spring That Will Soar To $2,000 – This special piece which features two fantastic gold charts that show the gold market may finally be ready for a massive breakout to the upside that will take gold to new all-time highs above $2,000. These are charts that the big banks follow closely, as well as big money and savvy professionals. (and according to my calendar, Today marks the first day back from summer break for all these savvy investors)
$280 Trillion Debt, $1.5 Quadrillion Derivatives. & A Gold Squeeze – 42-year market veteran spoke with KWN about the staggering $280 trillion of world debt, $1.5 quadrillion of derivatives, and a coming short squeeze in gold that will be one for the history books.
Below is what Egon Von Greyerz, who is the founder of Matterhorn Asset Management out of Switzerland, had to say in this fascinating interview.
Last week, for some reason I am not aware, I had 15 people un-subscribe to The Silver News Surfer on the same day…
As I’ve grown older and hopefully a bit wiser, I have learned that pleasing everyone is impossible, but pissing people off is a piece of cake!