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Just $50 Million Of Silver Left, That’s It?

October 9, 2014 4:59 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!

Lets recap what we saw this week, because I just can’t believe my eyes. Early in the week, the DOW gets crush some 250+ points in a day sighting U.S. Stocks Are Sunk by Europe Fears only to rise some 250+ points yesterday sighting Stocks recover losses, close up nearly 2% on Fed minutes So what happened to the European fears just 2 days ago?

I can’t help it, but I’m giggling as I write this because some people don’t think that stocks are in a bubble. Of course they are… Look at the massive volatility! Again, when the DOW gets crushed, who jumps in the next day or two and runs it back up? FED To The Rescue!

Me thinks FED and friends are losing control…

First, they smash gold & silver for 3 years to scare you out of you positions and make the trade seem boring and painful, but that didn’t work, they only created a monster demand of the physical metal itself.

Then they create false highs in the equity markets to make you think everything is A-OK – After all, the economy must be going well if the equity markets keep going up right?!

Wrong!

If you don’t know what a bubble looks like, simply look at the volatility in equities, it rallies on any news and when they come down triple digits, they miraculously bounce back up the next day or two as if Mom & Pop were buying these dips.

I can’t access the following article from FT, but the headlines say it all…

Banks Plan To Write Off Derivatives When A Counter-party Fails – The world’s biggest banks have agreed to tear up the rulebook on derivatives to make it easier to resolve a future failing institution like Lehman Brothers.

John Embry was quoted this week saying: I think the reality is that the U.S. is deeply worried about the confidence in their currency because when you have a fiat currency that’s backed by nothing, and you’ve got $18 trillion in debt and close to $100 trillion in unfunded liabilities, if confidence were ever lost it will not be regained.

So I suspect this is all a confidence move and it will go on until reality intrudes.  And when that happens, you better be positioned in the right hard assets because there is going to be a violent change in the nature of the markets.”

Embry added:  “When you look at the internals of the stock markets, even though the markets are near all-time highs, the broader indices are weak.  If you look inside the Nasdaq as an example, a majority of the stocks are in bear markets.

They are already down more than 20 percent this year.  So I just find this whole stock manipulation being run for effect because it doesn’t reflect reality.  It will be interesting to see how things trade from here.”

Read More Here

Now onto the breaking news that matters….

By Bo Polny: 

 Gold has placed a triple 2-year chart bottom at $1180 and will NOT break.


Gold sits on the rising support line from back from 2000 – 2001 when the Bull Market began.

Buying Gold today in the very low $1200 range is equivalent to buying Gold back in 2001 when it was $255.

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. 

Gold at $2000 will be self-evident by the end of 2014, with the summer of 2015 an absolute certainty! 

The Gold price suppression Game ends this year with a Gold Spike and a FINAL Top is coming for the US Stock Market with no bottom until the year 2020!

Dear Gold friends,

As the Titanic was sinking, the Band continued Playing!  As Gold’s price sank down to low of $1190 Friday October 3, 2014 and closed under $1200 the Band played the $1050 song even louder!  Heck there were even some very prominent and respected Band member playing the $650 Gold and $12 Silver Song!

Gold’s triple 2-year chart bottom at $1180 and will NOT break as stated in prior updates and reiterated again here.

Gold sits on the rising support line from back from 2000 – 2001 when the Bull Market began.  Buying Gold today in the very low $1200 range is equivalent to buying Gold back in 2001 when it was $255.

Remember my May 14, 2014 New York Kitco Interview and forecast (click here to view), Gold 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.  The May 2014 Interview stated a ‘Final Summer Low’ would be a final entry point.

Since the May 2014 Interview, Gold when up starting early June, came into an early summer July top that turn into a washout low and now SUMMER 2014 HAS ENDED!

Listen to the Band of Robbers playing the $1050, $1000, $650 Gold and $12 Silver song or be a resolute Bull and run for the lifeboats buying Gold and Silver like there’s no tomorrow?  It is your choice here and now.  The thieves den will be entered and a Runaway Bull Market will follow.  Listen to the Band and they will have done their job to intentionally rob you of your riches leave you empty handed when $2000 arrives.

Gold is God’s money and it is the great equalizer of everything paper!  As hard as it might be to believe seeing Gold priced at $2000, remember ‘blessed are they that have not seen, and yet have believed.’  All the negative and bearish comments from the Band are to scare all the doubting Thomas’ of the world, and at this point that is nearly everyone.

In the end, just before the Titanic sank the Band stops playing; but it was too late!

Please remember all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.  Gold at $2000 will be self-evident by the end of 2014, with the summer of 2015 an absolute certainty!  The Gold price suppression Game ends this year with a Gold Spike and a FINAL Top is coming for the US Stock Market with no bottom until the year 2020!

Next minor Turn Date:

To CONFIRM the Bull, expect Gold and Silver to RISE this entire week into Friday October 10, 2014 minimum – Tuesday October 14, 2014 maximum before a pause.

I have posted Gold’s Cycle for public record these past 5-months since the May 2014 interview.  Additional and further details on a Gold / Silver spike and the Stock Market cycle top and price targets must remain PRIVATE out of respect to my subscribers.

I wish you and your family well in the days weeks and months ahead and ignore the band,

Bo Polny