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!

I Knew It Was Bad, I Just Didn’t Know It Was This Bad…

September 10, 2014 4:56 pm 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,  right to the breaking news that matters….

Today, I hope to put to rest anyone questioning “should I buy silver at $19 +/-“?

After reading the 2 pieces below, there is no way on god’s green earth that you can ever argue the case against buying silver (at any price) as a compliment to your portfolio and protection of your purchasing power.

Let’s start with the illustration below:



If you can’t read it, it says “assuming silver is $20/gal – Gas $3.70/gal – Milk $4.05/gal Eggs $2.00 and a stamp 0.49

The following article/graph should be read by everyone on the planet – You MUST SEE with your own eyes:

What $1 Used to Get You vs. What It Buys You Today – In 1810, you could buy three gallons of whiskey for just a dollar. Today that will get you a shot from a bottle you bought yourself. Inflation sucks, right?

While you can get a snack or download an app for a buck, one dollar used to go a lot further — we’re talking 10 cans of soup, an ounce of silver, four pounds of sirloin steak and two pounds of coffee.

Check out what 100 cents used to be worth and mourn how little a dollar gets you now.

View Graph Here

After reviewing the 2 pieces of information herein, hopefully some of you that were blinded by the hypnotic spell of what the FED, in conjunction with the government has everyone under can now see the light.

To date this year the FED has had at least 4 major meetings and in each one they come on to the TV and tell us that inflation is under control at just under 2%. BS

Now according to the more accurate website shadowstats, inflation shows its true calculation.

But the real kick my friends is this…

We don’t need websites and charts to show us how things have gone up (way up) in price and how packages are getting smaller; we see it everyday and that is why consumer spending is down because its costing Mr & Mrs John Q. Public just about all they have to feed their family of 4 while the FED says inflation is under control.

Its the biggest con game in the history of the world!!!

So the next time silver dips a bit and you question yourselves… should I buy or shouldn’t I? Just remember that the dollar is by design being debased to its own demise. I’m not sure why and not sure when, but as you can clearly see beyond any reasonable doubt, that the dollar has been and continuing to be systematically destroyed!

And who does it hurt the most? YUP! That would be you and me because according to my calculus formulas, it is in some way helping the 1%’ers so they can go out and buy hard assets to protect themselves, like gold, silver, diamonds, art, exotic cars, etc…

You see friends, the sole purpose since the creation of gold & silver as money has been to be an honest account. Unfortunately, Richard (I’m not a crook) Nixon took this country off the gold standard and proved that politicians are crooks… they just taxed you into infinity by not having an account of honest money.

This gave them the opportunity to tax you in another form, through your weekly paycheck!

HOWEVER… and this is the great part! You as an individual American CAN choose to have a portion of your worth, your portfolio backed by honest money again. The honest money that I showed in the illustrations above.

Imagine for a moment that the government said to you that you are not allowed to buy gold for your personal protection… What would you say back to them? Well friends, ask a middle-class citizen from India and he will tell you how pissed he is because his country curbs imports of gold and keeps it away from the people.

May I suggest that with the information I provided to you today that you STOP focusing at the PRICE and START focusing on the VALUE?

Stop looking to the FED to put us on the right track, they’re history is awful! Did they see the last crisis coming? Did they alert anyone?  Well get ready friends…

Billionaire Warns: Yellen Collapse ‘Will Be Unlike Any Other’ – Another horrific stock market crash is coming, and the next bust will be “unlike any other” we have seen.

That’s the message from Jeremy Grantham, co-founder and chief investment strategist of GMO, a Boston-based firm with $117 billion in assets under management.

Grantham pulls no punches when assigning responsibility for the coming financial carnage. In a recent interview with The New York Times, he calls Federal Reserve Chair Janet Yellen “ignorant” and says the Federal Reserve all but killed the economic recovery.

Grimly, he adds, “We have never had this before. It’s going to be very painful for investors.” Grantham isn’t the only one worried about a market collapse.

“We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it.”

Read More Here

People’s Savings May Now Be Destroyed Virtually Overnight – For the economists, they would call this “creative destruction.” For the unemployed, the retired, or nearly so barely getting by, it is a tremendous tragedy, worsened by rampant inflation in goods and services. Just destruction, creative or not. War is breaking out on almost every front imaginable.

This should be taken as another warning for savers and investors to exchange as much fiat currency as possible for real assets. Gold and silver are certainly two to consider, but the key is to move sooner rather than later, regardless of which type of real asset is added to portfolios.

Read More Here

Also, as a painful reminder, read:

The biggest stock market crashes in history and the losses investors endured 

Friends, If there is something you don’t understand or you are not quite sure of and you just want to talk it out with someone… GIVE ME A CALL!

Onto The Breaking News That Matters…

Silver Futures Market Is Keeping Silver Prices Down – but Not for Long – Silver futures activity has been smothering silver prices, with the white metal trading down seven of the last eight weeks as it nears three-month lows.

And not surprisingly, speculators have taken center stage in this protracted bear session, adding to their short positions for the fifth straight week. As of last Tuesday, speculators held 39,025 short contracts – paper bets on silver’s decline – representing 195.1 million ounces of physical silver, according to the most recent data by the U.S. Commodity Futures Trading Commission.

The last time it had traded this low was in late May, just as the speculator contracts had built toward a peak.

It’s still unknown when exactly this current session of short building will hit a peak, given that June’s 49,000 contracts was the highest the white metal has ever seen, but the current number of shorts is about 10,000 contracts shy of this mark.

If the current figure is indeed a peak, then you’ll likely see silver prices begin to move up as early as this week. But if short contracts are building up to a new record high, at the current pace, then you can expect a peak – and subsequent rally – in two weeks.

Read More Here

BO POLNY: $2000 Gold, Next Stop! 7-Year Gold Cycle Targets $5,000 & $333 Silver

Posted on September 8, 2014 c/o SD

These are the Final Summer 2014 ‘Buy-of-a- Lifetime’ lows here and now.  Next expect to see $1600, $2000, $3500, $5000+ Gold in the final 7-years sabbatical cycle!

The 3rd and final 7-year Bull Market cycle officially began in July 2014 as stated in the Secret 21-year Gold cycle update mentioned above.

$2000 Gold is NEXT and will be followed by many higher high price targets into the year 2021 when Gold is expected to reach $5000 minimum and Silver is expected to reach $333 basis a 15:1 Gold to Silver peak ratio once again.

Submitted by Bo Polny:

Is Gold’s next stop $2000?

In a May 14, 2014 New York Kitco Interview and forecast, cycle analysis indicated Gold was expected to rise in May/June and make a Top in June, then drop down in price making a Final Summer Low and in conclusion Spike and reach $2000 before year end?!

So what has Gold done since May?

Starting with the June 5, 2014 public update title ‘A 2014 Cycle Low Arrived June 4’ Gold did rise in price into the end of June, stretched in time 10 days extra and made a July 10, 2014 cycle high and top at $1346.80.

Still expecting a summer low off the $1346.80 high, on July 13, 2014 a public update titled ‘Final Summer Low Still Ahead as Gold’s Sabbatical Rest Comes to an End’ was posted.

As the price of Gold dropped below a potential low at $1281 and touching $1273 a second public update was posted on August 30, 2014 titled ‘The Secret 21 Year Gold Cycle That Leads to World Commodity Bull Market Breakouts in 2014 stating:

1. …one final push lower is still possible before a breakout arrives this fall 2014 that lead to World Commodity Bull Market Breakouts!

2. Silver’s cycle low was not yet achieved.

3. This final push lower on Gold will allow Silver to FINALLY complete its cycle bottom.

4. The historic Gold cycle dictates an end of summer 2014 low MUST remain ABOVE the June 2014 low at $1240.

Since the July top at $1346.80 and forecast for a price reversal, Gold has been dropping including breaking the $1273 mid-August low as cycle analysis predicted would occur in the August 30, 2014 update.

This past Friday September 5, 2014 Gold touched $1258.00 and Silver $18.99.  The 21-year Gold cycle dictates the final summer low MUST remain ABOVE $1240 and Friday September 5, 2014 Gold touched $1258.00 as the mining stocks (GDX and HUI) filled gaps from the June 19, 2014 falls breakouts.

The May 2014 Kitco Interview stated a ‘Final Summer Low’ would be a final entry point.  Summer officially ends September 21, 2014 and September 5, 2014 easily falls within the definition of ‘summer’ and $1258.00 is ABOVE the June $1240 low!

Technically, Gold trades in a 21-year channel and major overhead resistance today sits at $2550 and mid-point resistance sits at $1575. 

A little Secret about Silver

Silver has just quietly completed a Large Handle on a Cup and Handle chart pattern formation while NO ONE was looking and the entire time screaming price ‘manipulation’!  Notice what happens from the Example when Silver comes out of the handle.

So, will Gold head to $2000 next?  YES.  Will Gold ever see $1180 or lower?  Absolutely NOT!  Will Gold make $2000 this year?  After 3-years of price suppression (manipulation) $2000 is mathematically possible with a Spike.

Spike or no Spike, the Gold cycle as forecasted in the May 2014 Interview is almost COMPLETE, all that is still missing is $2000 Gold either this year or by mid 2015 latest.  Out of courtesy to my subscribers, Time Points are exclusive to subscribers.

These are the Final Summer Lows.  Whether you believe or not believe, that is your personal choice; but TIME will expose the truth just as it has since the May 2014 interview and you will soon see that these prices WERE in fact the Final Summer Lows as forecasted in the May 2014 interview!

The 3rd and final 7-year Bull Market cycle officially began in July 2014 as stated in the Secret 21-year Gold cycle update mentioned above.  $2000 Gold is NEXT and will be followed by many higher high price targets into the year 2021 when Gold is expected to reach $5000 minimum basis new Fibonacci calculations and Silver is expected to reach $333 basis a 15:1 Gold to Silver peak ratio once again.

As Gold rises to $5000, a devastating deflationary crash cycle will grab hold of the stock market and unlike the previous recession that followed the collapse of 2008, there is no way out of this one.  It’s going to go from bad to worse to terrible and our world will change forever

On August 7, 2014 an update titled ‘The Coming Inflationary Spike and Deflationary Bear Market Cycle That Devastates the World!’ was posted.  The article speaks of a possible quick Spike for Gold before the Deflationary Stock Market Cycle is to begin come 2015.  Spike or no spike, physical Gold & Silver are the ultimate Insurance Policy against everything paper to the coming Deflationary Bear Market Cycle beginning in 2015.

TIMING tradable future Gold cycle HIGH and cycle LOW price points into the end of this year and next, including timing a potential price spike and when Gold is expected to breakout of its Consolidation Wedge mentioned in the Secret 21-year Gold cycle update is exclusive to subscribers of

Cycle work allowed me to called the Silver $49 top, the $1900 Gold top, the June 28, 2013 Gold BOTTOM within 2-hours, the December 31, 2013 retest and higher low.

These are the Final Summer 2014 ‘Buy-of-a- Lifetime’ lows here and now.  To date, the May 2014 forecast has stood the test of time; next expect to see $1600, $2000, $3500, $5000+ Gold in the final 7-years sabbatical cycle! 

Thank you and all the best,

Bo Polny