I was told by some of you that my reports seem a bit winded… you appreciate them I know, but maybe sometimes they are a bit lengthy. That’s because there are certain things I really want you to be aware of –
There are 2 main reasons that I do this…
#1 I hope that one day, when the time is right for you, you will allow me to earn your business when it comes to buying your gold, silver or rare color diamonds.
#2 I am passionate about where my research leads me. It helps me to not only help you, but help protect my own family as well.
Speaking of family, allow me to introduce you to Mrs. Surfer. She is loving, brilliant, patient, hard working and nurturing; but above all, she puts up with me!
Some of you ask a lot about me and my life, so I thought I’d let you in a little bit – After all, when the time is right for you to buy silver and gold, (and the time is near) nobody wants to do business with “stranger danger” so this is a good way for you to get to know me and who you are supporting when electing to do business with the Silver News Surfer.
I look happy, but she looks terrified!
Now onto the breaking news that matters….
Hennion & Walsh exec says bullion “deserves a place in most investors’ portfolios”
“I think [gold] deserves a place in most investors’ portfolios,” Hennion & Walsh Asset Management president Kevin Mahn tells The Wall Street Journal in a Feb. 5 interview.
“Traditionally people looked at gold as an inflation hedge. In an environment where we don’t have much inflation, people have pulled back from their gold holdings. But you know what else gold can also serve a purpose? In being a volatility dampener. It used to be when equity markets got volatile, as we saw yesterday, investors flew to safety — Treasury bills. Treasuries used to be known as risk-free return. Now they’re perhaps more know as return-free risk. And that risk is going to continue to creep up as we get closer and closer to round two of the fiscal cliff debates dealing with spending cuts and a potential sequestration. So as that happens and markets start to get choppier, investors will start to return to real assets likegold. …
“If in fact Congress can’t get together and deal with making real, meaningful fiscal constraints and putting in spending cuts, you could see the ratings agencies put another knock on U.S. Treasuries. If that happens, you could see gold start to go up in price. But if you’re fearful about gold and its volatility … look at other precious metals. … Maybe some blended element of both gold and silver is more appropriate.”
Read More Here
I do appreciate when I get questions from my research update readers… it confirms to me that you appreciate my efforts and more importantly, you are paying attention… Keep the questions coming!
Q: Today’s question is from David O…. When the markets in the US drop as they did this week, why does gold & silver drop? If people are liquidating stocks and have cash to buy something else, shouldn’t that make metals go up?
A1: The fact is that today, the world’s reserve currency is the US Dollar (although my opinion is that it’s not going to be that way for very much longer. Refer to Research on China) so today when large investors and traders sell and go to cash, they run for the USD as a flight to safety. Unfortunately, there are no safe currencies on the planet today, so when you are liquidating and going to cash, you look around and see that all the currency choices are weak and ugly due to massive over-printing by Central Banks, so if all currencies are ugly, you have to choose the least ugly of them all… and today that is the USD.
However, each time this happens, it’s only a temporary knee jerk reaction until investors decide to get back into the markets of their choice, then the USD resumes it’s downtrend and gold & silver resume their uptrend. (refer to Jim Rogers article today) Therefore, when the dollar rallies, the metals sell off and more and more traders dump metals and anything else and run to a quick trade in the USD.
A2: The most logical answer is that I believe there are still so many people today who don’t understand what money really is. Money should have and hold value, however, they have been tricked by governments to believe that the “cash” they print is money and holds value. If that were the real truth, than why would Central Banks and countries around the world be NET BUYERS of gold today? Refer to my VIP Special Reports Dated 6/9/12 & 6/14/12. Furthermore, Central Banks and Governments around the globe today are manipulating gold & silver in a last ditch effort to continue to kick the can down the road until they run out of road and that time is coming sooner than most people think….(refer to the last link of this report)
That’s why it’s SO IMPORTANT to take advantage of these opportunities to LOAD UP ON GOLD & SILVER ON EVERY DIP. You see David, when the dollar rallies, we all have more buying power with those dollars and when gold & silver prices come down as a result, we can take those “temporary” strong dollars and buy more of the real honest money such as the case of Gold & Silver at great discounts.
People love to buy things when they are on sale and when there is a FIRE SALE they buy even more to “stock up” and this correction should be viewed NO DIFFERENTLY!!
The only time to sell your precious metals is when every American is back to work, the housing market is in full bloom and the economy is fixed… and unfortunately my friend that is a long way away, so until then, keep stacking!!
In response to more emails from my readers, Doug D. writes:
For months all of your reports and predictions have stated silver was going to turn around go thru the roof… Why did it go to the basement?
As you can see, Central Banks around the globe manipulate the prices of gold & silver in several ways to prolong the inevitable which is printing more money. Furthermore, if you do research on cyclical corrections in “bull markets”, you will find that they can last up to 12-18 months. (as shown in the 3rd to the last article down, which we are moving into the 16th month)
Gold & Silver are NOT short term “trades” they are long-term stores of value & wealth and with that said, these corrections offer an amazing opportunity to add to and increase ones positions only if you believe:
1) The US dollar is NOT a store of value or does NOT offer long term wealth preservation
2) Geo-Political tensions in the Middle-East will continue to escalate
3) Current and Future Inflation calculations and expectations are manipulated by the FED due to the fact that they do NOT use Food & Energy when calculating the CPI
4) Silver’s industrial usages will continue to strain the already deteriorating global supplies. (It is estimated that the world will run out of silver by the year 2020)
5) Central Banks Will Continue to print money that is backed by nothing more than the ink and paper it takes to print it.
6) It will take several years for the job market to recover and put every American back to work.
Please refer to my “VIP SPECIAL RESEARCH REPORT” Dated 6/08/12 which clearly shows that gold & silver has OUT-PERFORMED every investment class over the last ten years!
(If you need another copy, please write and I will send you one)
Unfortunately, the fact of the matter is…. the worse the economy gets, the better it is for gold & silver as a store of wealth, that’s why I say all the time.. NOW IS THE TIME TO PREPARE!
I will say it again… the market crash of 2008 was caused by Investment Bank failures and today, we have entire countries failing, including our own… what do you think the result will be this time around?
So… Be patient and keep stacking!