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!


Bursting Of S&P 500 Bubble Fast Approaching, Here’s Proof!

November 10, 2014 6:43 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!

Where the heck do I start today?

I don’t know which of the following 2 stories is the most sad for the US  – lets reflect on the events that led us to this mess…

Judge approves Detroit bankruptcy exit plan

According to this government website, here is a brief history on Detroit – I made some tweaks to bring this information up to date…

Detroit is was a dynamic, diverse city with an intriguing history. It’s a It was a place of people and places, trends and events, world-changing inventions and groundbreaking music. Long known as the automobile capital of the world, Detroit is was also famous for its distinctive Motown music sound from the 1960s. 

Detroit played a key role in the industrialization of America throughout the 20th century, and is was ready to transform itself as technologies develop into the 21st century.  For hundreds of years, the area was so important to commerce between Native American tribes that only traders were allowed into the territory.

The area also was earning a reputation for, among other things, the manufacturing of cigars and kitchen ranges.

So why did Detroit become the Motor City instead of the stove-making capital of the world? It’s in large part due to the influence of a farmer’s son named Henry Ford. In 1896, Ford built his first car in Detroit – not an entirely earth-shattering event since the automobile had already been around for a while. It was the method of building cars that he would later devise – the moving assembly line – that put the world on wheels.

During the early part of the 20th century, dozens of companies emerged in the area committed to finding success in the new industry During World War II, the factories they built to produce cars were put to use churning out weapons for the Allied Powers. The production edge they provided helped to win the war.

Ironically, it was a former autoworker that led the way for Detroit’s other famous 20th century contribution – Motown. Founded by Berry Gordy Jr. with just an $800 family loan, the upstart record company introduced the world to Marvin Gaye, Stevie Wonder, Smokie Robinson, Michael Jackson, the Temptations, Diana Ross and others – all of whom either grew up or gained their first fame in Detroit.

At the start of the 21st century, metro Detroit is was starting to reap the rewards of decades of work put into revitalization. We encourage you to come and examine our region’s rich history, learn more about our bright future and enjoy our exciting present. (you may want to think twice about that last statement) 

Sounds beautiful doesn’t it? I mean if you lived in another country and were going to move to the US and read this… this would be the number 1 destination right?

Doesn’t this piss anyone else off or is it just me?! What was once THE CAPITOL for US growth and innovation of the entire world is now a broken down, bankrupt city thanks to the crooks on Wall Street in 2008.

Oh by the way, these crooks who wiped out the city of innovation are still living in their mansions, driving a Bentley and eating at the finest restaurants. They should be sentenced to live a year in the hell they created called Detroit! –

So you can wipe out an entire city and avoid being prosecuted? AND, People still want to do business with you? If there is no discipline, what incentive do they have to stop?

Sorry USA – I pledge allegiance to the flag and solute you out of respect and reverence~

 

In other twisted news…

 

Lets take a few billion of tax payer dollars and instead of fixing up what was once the greatest innovative city in the US, lets take that money and send 1,500 more  troops to Iraq?!?!?!? Way to go Commander! WTF?

 

 

Another memo from my supplier Sunday night: Due to the recent drop in silver and gold prices and the shortage of the underlying metal, we are forced to increase our premiums until further notice.

 

Click Here to see the changes…

Also, the Silver Surfer Savers Program Has Been Suspended Until Further Notice

However, all orders prior to 11/8/14  will be honored.

 

Now again, If you can’t handle the volatility of either the equities or the precious metals (and pay higher premiums for the metal even at low prices)  and you want to have a “slow and steady wins the race” sort of approach, then don’t forget about these precious gems, because…

According to Sotheby’s Diamonds… Rare Fancy Color Diamonds have seen a 10-15% appreciation each year for the past 40 years with almost no volatility!

According to Christie’s Diamonds… Rare Color Diamonds have gone up 200% over the past 10 years!

Any Questions? I have one…

 

What are you waiting for?

 

Click On The Picture For A Brief Yet Powerful Report…

colored diamonds 3

Now onto the breaking news that matters….

 

 

If there is only one article you read for an entire year, let it be this one…. If there is anything you don’t understand about this, please call me to discuss –

 

Its so important that you understand this going forward!

 

MUST SEE: Dr. Paul Craig Roberts Shocking Interview On Criminality By US Fed – it’s clear, this is the Federal Reserve protecting the value of the dollar from quantitative easing and the massive increase in the supply of dollars and dollar-denominated debt.  Normally when a central bank creates 4 trillion new dollars the currency collapses.

Apparently these banks can print gold futures contracts in unlimited amounts, just as the Federal Reserve can print U.S. dollars in unlimited amounts.  And then in the space of a minute, two, three, or four minutes, dump the equivalent of 20, 30, 40 (or more) tons of gold as represented by these paper claims to gold into the futures markets during periods of essentially no trading.  The favorite time is around 3 o’clock in the morning EST.  It’s almost always when the Asian physical markets are closed.

It’s not a bear market (in terms of demand).  As I’ve said, the demand for gold and silver has exploded.  For example, yesterday we had the U.S. Mint announce the suspension of sales of the silver eagles.  They announced the suspension of it because they don’t have enough supply to meet the demand — they can’t get enough silver to make the coins.

The same thing has happened in Canada.  The (Royal) Canadian Mint is now rationing the supply of silver maple leafs because the demand exceeds their ability to meet the market.  So the demand for (physical) gold and silver is not in bear territory.  It’s one of the greatest bull markets of all-time.  How can there be a bear market when you can’t even buy the coins?

It’s impossible for any economist to reconcile a situation in which the demand exceeds the supply — and the price is falling?  That can only be done because the price is established in a fake, phony paper market where you can control the supply by printing contracts.  It’s a way for the central banks to control the value of the fiat money by (artificially) driving down the gold price.

There is no other market in which something real is priced in a fake paper market.  So what you see happening now is all the people who said, ‘I’ve got to protect myself.  They are printing money, there’s going to be inflation, I’m going to buy gold and silver.’  They didn’t understand how the government could rig the price of gold and drive it down in the face of massive money and debt creation.

So they made a bet that was rational and they didn’t understand the desperate nature and corruption in the system.  And now that the government has consistently driven the gold price down from $1,900 to $1,100, they are demoralized — they’ve lost faith.  They say, “Oh, only if I’d been in the stock market.  Why did I buy this?  I’ve got to get out.’  And now they (some gold and silver investors) are selling their coins.  They are selling their coins at a time when their is a shortage of coins.

The U.S. Mint has stopped selling them because it can’t get the bullion to produce them, and the Canadian Mint is on the verge of having to do that.  Well, that’s not the time you want to sell.  The indication there is that the government has pushed this so far that there is a massive supply problem.

And what this policy has done is subsidized all the purchases of gold and silver in India, China, and Russia.  They’ve been able to buy at this rigged low price.  It’s like a subsidy.  This (suppression) policy, the people responsible for this should be arrested and put on trial.  This is a criminal policy.

Any economist should understand you can’t possibly have a bear market when the demand for bullion is exploding, the supply is constrained — and the price is falling?   

That’s the opposite of supply and demand.  And so it has to be a rigged price.  Rigged prices are illegal, even if the authorities are behind it.

Read Source Here

QUESTION… Do you think when all this corruption in the silver market goes public that any of the people, banks and entities will go to prison, of just pay a little fine?