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!


SILVER MINER SUSPENDS SALES: Due To Low Prices

October 20, 2014 8:25 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!

As we get ready for another volatile week, the Trillion dollar question of everyones mind is… What’s going to be the direction of the markets this week?

If you are properly and fully diversified, you have nothing to worry about no matter how volatile the market swings.

What do I mean by properly diversified?

Great question…

Lets say that you have a one million dollar working portfolio (excluding real estate) At this particular junction of the financial markets, I would have more physical hard assets, than paper liabilities. I would have a strategy of only 30% equities, 20% annuities, 15% precious metals (a variation of gold, silver, platinum and palladium) 20% in a rare color diamond, 10% in cash, and the cash holdings should break down like this:

$50,000 in your checking account to pay bills, $25,000 in a CD or MM (even though they don’t pay anything) and the last $25,000 at home in a safe that is bolted to the studs in the floor and the studs in the back of the safe.

If you have done your math, you will see that this leaves you with 5% left over. Take the $50,000 and go on a nice vacation, you deserve it (domestically of course) and stop stressing yourself out. Then take what is left over from the vacation and help out the kids and grand-kids a bit. Your internal joy from watching their faces light up should make you feel amazing.

I would take these steps now because how could you take even one step if you left it all in equities and lost it all? My mother always said… “you never see a uhaul or luggage rack on a hearse do you?” Enjoy it while you are here! Some of that enjoyment is helping others too.

Remember this video that I recorded back in 2013? The digital copy may be weak, but the message sure was strong! View Brief Video Here

This is just my philosophy as someone who researches the heck out of the financial system for the last 7 years. This is not intended to be “licensed financial advise”. Each party should conduct their own due diligence – But it looks like damn smart advise to me!

 

Again, what’s our alternative?

 

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

I don’t know of any year that stocks went up 20%!

Don’t believe me? VIEW VIDEO HERE Its the first thing that Mr Kadakia 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!

Now, more of breaking news that matters….

So, if this miner suspends sales due to the artificially low silver prices, what you think that will do to the prices because of supply and demand going forward? More importantly, it should attest to the fact that these are phenomenal price points to be adding to your positions, even the miners know its stupid low… They suspended prices because they know its going to back up, they didn’t quit mining altogether.

For your convenience, I have revised the “Buy Precious Metals Here” tab at the top of the page and on my website. This way, you will always know what I have in stock and at what prices.

As far as the most asked question over the past week – “What are the prices of the Rare Color Diamonds?”

The starting point is around $15,000 and they go up to several million, depending on the rarity of the gem.