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Sometimes, especially in times like these when you see the only asset class that should be going up… doing the complete opposite, we want to scream manipulation and throw our hands in the air and give up. You are right to a degree. You see friends, we know that gold and silver work opposite to the dollar. One goes up, the other comes down. So this begs the question…
Is gold & silver being manipulated or is the US dollar being manipulated in order to manipulate gold and silver? Does it really matter who is to blame when you are faced with a phenominal buying opportunity once again?
The reason I put this out there is because I want you to see the truth – With a country that is about $17T+ in the hole, there isn’t any way that we have a “king dollar” nor will we ever have it again…
Not when the charts look like this…
Charts from the video Money Morning With Jim Rickards
Maybe this is how the “snowball effect” got started? Now this is what I call a mountain of debt!
Debt – To – Capital Ratio
And maybe… Just maybe, this is why these billionaires are dumping stocks as fast as they can in anticipation of a catastrophic crash…
Stock Market Cap -To – GDP
And this is the place where you’d rather keep 90% of your “money for the future”? Let me know how that works out!
I don’t know about you, but this is what keeps me up at night… not a buck or two drop in silver… Not with information like this…
Do you remember when the “nasty boys” pushed gold & silver down in 2013? Do you remember that it caused one of the largest “runs on physical silver” in history? Remember the US Mint ran out of silver a couple of times in 2013? What do you think is going to happen this time around if they are stupid enough to push it down to the $16 dollar level?
They are not scaring people, they are giving people an opportunity to get out of their dirty money and into honest hard money… PERIOD!
You have been given an amazing opportunity in silver, but no matter what I or anyone else say, some people just don’t understand value.
What happens is that you hop a ride on the investors psychological roller coaster and it looks something like this.
You get worried about buying a big dip and that silver might drop another buck or so…
But you are not looking at your equities portfolio and exchanging “near tops” for “near bottoms” and exchanging your “paper assets” for “hard, physical assets“. (As illustrated in chart 2 & 3) Hard assets NEVER go to zero, but we are familiar with a couple of investment banks that do.
Imagine for a moment that all hell is breaking loose in equities AND precious metals, but you, who was smarter than the average bear bought a rare color diamond.
Now you are sitting back enjoying the peace and quiet knowing that your acquisition of one of these beautiful rare color diamonds is increasing in value 10-15% per year regardless of whats happening in the financial system; while everyone else is freaking out because of the massive volatility in world markets…
Remember friends, 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 because they are an uncorrelated market!
Click On The Diamond For A Brief Yet
Powerful Bloomberg Video…
Now onto the breaking news that matters….
I’ve got to believe that this guy has seen it all in his 50 years… Art Cashin Director of Floor Operations at UBS says…
The Next 7 Days May Trigger A Global Stock Market Crash The piece below has one of the most incredible warnings concerning the next 7 trading days. It reveals that the next week of trading has triggered some of the biggest crashes and stock market massacres in history.
A Cautionary Look Ahead – Traders will watch next week carefully. Not only will it contain the Autumnal Equinox but the day that the fabled W.D. Gann called the day more likely to see a reversal than any other day of the year – September 22.
The One Chart That Every Silver Investor NEEDS To See – As the Fed and Central Banks continue to manipulate the precious metals lower while propping up the broader stock and bond markets. Even though precious metals sentiment is at record lows, this normally represents a turning point in the gold and silver markets.
On the other hand, the clowns on the financial networks continue to be euphoric about the broader stock markets as they head toward the heavens. The Dow Jones Industrial Average hit a new ALL TIME HIGH reaching 17,265 today. However, if we look at the chart below, we can see a troubling trend.
As the Dow Jones bubbles to new record territory, trading volume heads into the toilet. This is not a good sign. The Fed must be holding up the majority of the market as investors with any lick of sense, already bailed out of stocks long ago.
Who knows how long before the Dow Jones Index finally receives a well overdue market enema. I can assure you of this, when it arrives it will be a very MESSY OCCASION.
Before I get to the CHART every silver investor should look at, let’s take a quick peak at this one.
And if that wasn’t enough…
Bloomberg Chart Of The Day: Silver’s Demand Outpaces Gold by Most Ever – The perception is that silver will do well, and should outperform gold as the economic recovery strengthens,” Tom Kendall, the head of commodities research at Credit Suisse in London, said in a telephone interview. “Belief in silver’s dual properties, as a financial asset and also as an industrial metal, appears to remain strong.
Buyers of silver are less swayed by price movements, because unlike gold, the metal is a “buy and hold and forget about it kind of investment,” said Kendall, the third-most accurate precious-metals forecaster tracked by Bloomberg in the eight quarters ended June 30. “It’s not so actively managed by the retail crowd. It’s tucked away as a retirement store of value or hedge against disaster.”
Russians Stunned As Chinese Leader Pushes Gold Backed Yuan – Gold has made an 8 1/2 month low while the U.S. dollar has made a 4 year high. I have said repeatedly that gold has a triple-bottom in place at $1,180. So I think that’s the worst case and that’s less than 3 percent away from current levels….
We’ve already seen gold fall 6.5 percent recently, so I feel that the worst is over. The technical charts show that gold and the gold stocks are very oversold, and of course the U.S. dollar and the stock market are very overbought.
The Western sanctions have moved Russia and China closer together as the Russians look to the East for financing. We also know that the Russians have been big buyers of gold. The Russians have moved up their reserves from 600 tons to well over 1,000 tons. So the Russians also continue accumulating gold.”
What we are seeing is the last gasp in terms of U.S. dollar strength. You see the Chinese, Russians, and other countries buying currencies other than the U.S. dollar. In fact, this move away from the dollar will be one of the catalysts to move gold higher.
We seem to be in the midst of a currency war where every country is trying to weaken their currencies, including the Japanese and the Chinese. These currency wars are a very favorable backdrop for higher gold prices. So on a risk/reward basis, the downside is somewhat limited in gold and the sky is the limit on the upside.
Did You Know… The Dow And S&P 500 Soar To Irrational Heights – Meanwhile The Ultra-Wealthy Rush To Buy Gold Bars – Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year? If stocks are just going to keep soaring, why are they doing this?
On Thursday, the Dow Jones industrial average and the S&P 500 both closed at record highs once again. It is a party that never seems to end, and there are a lot of really happy people on Wall Street these days. But those that are discerning realize that we witnessed the exact same kind of bubble behavior during the dotcom boom and during the run up to the last financial crash in 2007.
The irrational exuberance that we are witnessing right now cannot go on forever. And the bigger that this bubble gets, the more painful that it is going to be when it finally bursts. Those that get out at the peaks of the market are the ones that usually end up making lots of money. Those that ride stocks all the way up and all the way down are the ones that usually ends up getting totally wiped out.