A few weeks ago, I told you about silver manipulation and bankster fraud.
At the beginning of the month, I told you how the Fed would destroy the dollar with more quantitative easing.
As of Thursday, QE3 has officially arrived — causing gold and equities to jump as I told you they would as soon as Bernanke confirmed what we already knew he was planning to do: firing up the ole printing press.
That's why I stopped listing the reasons why you should buy silver and gold last week... and instead offered you a list showing how you can avoid buying counterfeit metals.
I explained why it's time to stop merely considering the reasons you should buy and actually start buying — but you have to be smart about who you buy from.
I was hoping you'd get ahead and start buying before the Fed's decision.
If you didn't, don't fret. It always takes a little while for the market to realize QE is a failure by design.
When QE3 does go up in smoke, those who have diversified their portfolios and stockpiled silver and gold will be the only ones not panicking over the disappearance of their hard-earned wealth...
Something Precious This Way Comes
On August 8, Brian Hicks explained why silver futures were in backwardation and would therefore make some major moves in a short period of time.
Silver is already up almost 21% since Brian's article, but the real silver rush has scarcely begun...
The next few weeks may offer you a last chance to buy at the most profitable time.
Would you rather buy:
- When everyone else is bullish and buying to hoard as much as they can... or
- When everyone else is bearish and selling?
Before too long, there aren't going to be any silver bears left.
You'd be hard-pressed to find any silver or gold owners willing to sell their bullion holdings, and your chances of finding one three months from now will be even greater.
Before long, it'll be impossible to find a seller...
You'll want to buy before silver goes up another 21% — and then 50%.
Silver prices will increase exponentially. The more buyers that flood the market, the quicker the price will rise.
The supply crunch will weigh heavily on producers until the supply runs dry.
This means $100 silver is right around the corner.
The same supply versus demand scenario stands true for gold.
Upon Bernanke's announcement of QE3 until further notice, gold prices surged to a six-month high.
Barrick CEO Jamie Sokalsky told CNBC: “Well I think the factors are in place, more than ever, for a further rise in the gold price... I think the gold price could definitely surpass previous highs and go above $2,000 and even higher in the next year.”
So there you have it: $2,000 gold and $100 silver are on the way.
With QE3, the precious metals bull is running harder than ever — and it's here to stay for at least the next several years...
Next week, I'll let you in how the latest JPMorgan Scandal will cause silver to go ballistic, hitting $100 faster than anyone anticipated.
More investment intel from this past week below.
for Wealth Daily
Gold and Silver Continue to Rock and Roll: Nailed It
The way out of this debt crisis will be dollar destruction and inflation. Buying gold and silver will protect your wealth against the ruinous stupidity of our leaders.
These Stocks Will Follow the Gold and Silver Rally: Buy These Penny Stocks
It's one of the most hated sectors in the entire market... and I'm buying big.
Microsoft vs. Apple: The Dinosaurs and the Next Generations of Tablet Technology
When it comes to superior tablet technology, there's a war being waged between Apple and Microsoft... and it might surprise you to hear who's likely to come out on top.
Gold, Oil and Death: Why is Gas $4 a Gallon?
Editor Chris DeHaemer explains what we can expect for the price of gold and oil as we await tomorrow's Federal Reserve meeting.
3D Printing Stocks: The Return of 'Made in America'
The Economist says it will "disrupt every field in touches." Business Insider calls it "the next trillion-dollar industry." And I personally think it will put an end to seeing so many "Made in China" labels...
Thorium Investments: Thorium Nukes
Will thorium dominate in the nuclear space?
Junior Mining Stocks are Next to Rally: Silver is about to Double
As I predicted on August 8 and again on August 27, silver has experienced a hyperbolic price spike. The next leg up for gold and silver will be junior miners.
Solar Investing: Don't Fall for THIS Solar Scam
Solar industry prepares for more criticism.
Welfare Nation: All Roads Lead to Gold
The number of people on food stamps is growing three times as fast as the number of people finding jobs.