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!


Greed and Fear Is What’s Making The Market Go Crazy

October 14, 2014 9:07 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!

 

I get it. I don’t want any part of it, but I get it.

We all want and need to make money (some want to make fast money) which tends to make us a bit greedy and when we see the market plunge like we have been seeing, we then get hopeful that it will rebound. When we don’t see a rebound, fear kicks in, but people are afraid to sell in fear that it will turn around as soon as they sell and then they ride the market down – This is a classic case of complacency.

Please understand that I am not a registered financial adviser or a wealth manager. I am a believer in hard asset protection – Period. As it says on my “about us” page, I am a research addict and I bring it to you as straight as I can. My point is this: If I get it… Then you should get it too. The credit due to me (as some of you know) is that I served as a Sr. Vice President to a Large Bullion Dealer for many years.

So I ask myself – Why Would Anyone Prefer The Systemic Risks and Counter-Party Risks We Are Facing Today When You Can “Have and To Hold” Hard Tangible Assets Outside The Financial System And, In A Totally Private Transaction… Hold Them In The Palm Of Your Hand.

However, there are so many emotions involved when it comes to where to place your money, its enough to make you sick. In 2012, the start of the super-correction in silver, I personally lost over $50k and it still burns my arss when I think about it.

Then I realized that I can either dwell on the pain of the past (like a lot of you in 2008) or start planning and rebuilding for the future. One thing I have learned over the years is that when you are making money in one area, take profits and book those profits into a stable hard asset that has a documented track record of gradual and steady increase.

It seems to me that over the last 10 years, the markets, politicians, banks and the whole “system” has become more corrupt than any other time (Besides Watergate)

In such a manipulated and corrupt society, its best to re-evaluate your long term goals and analyze the short term risks that can crush those long term goals…  In other words, plan for the “whatever could go wrong will go wrong” scenario.

With regard to the precious metals, people have always said that there is a time to sell your gold and buy silver and vise verse according to the gold/silver ratio.

There is also a time to sell your dollars and buy things like Art and Rare Color Diamonds to hold value and I believe now is one of those times.

WHY NOW?

The reason that one would want to dump their dollars for hard assets is to STORE WEALTH – PERIOD – That’s it.

I’m still so puzzled why people make it so darn complicated. As long as the physical whateveritis is in your possession, you’ve got nothing to worry about, you own it outright – You are simply exchanging your dollars for the asset and an asset is something that you physically own outright in your possession.

(And for you experts who are trying to call the market on you’re buys, ask yourself if you called the top on the DOW at 17,300? or 13,000 in ’08.)

A physical asset in your possession is a hedge against a crisis.. Period. And oh… open your front door – there is crisis everywhere you look.

When selling paper liabilities such as stocks, bonds, liquid cash at the bank earning .05% you then turn around and buy hard assets that will hold value and appreciate in value, you don’t try to time a market because your main goal should be storing your wealth in such assets.

Did You Know… According to Christie’s Jewelry International Head Rahul Kadakia, Rare Color Diamonds have appreciated 200% over the past 10 years alone!

Don’t believe me, VIEW VIDEO HERE Its the first thing that he says in this Bloomberg video.

Now, click on the picture below to revisit the report I sent  regarding the Rare Color Diamonds. At least watch the 3 short videos so you know that you’ve done your due-diligence…They are extremely impressive!

colored diamonds

Now onto more of breaking news that matters….

 

 

As always, I am here to serve you, answer your questions and address your concerns from 9am – 9pm 7 days a week! But first, you have to pick up the phone and call.