Big Events Coming & 1 Oz Silver Buys 6 Months Of Food In Venezuela

During the Precious Metals Webinar, Tom Cloud discussed how one ounce of silver will now buy six months of food in Venezuela.  This is a perfect example how precious metals become the best stores of wealth during a currency collapse and hyperinflation.

Precious Metals Expert Tom Cloud also shared three big upcoming events in the precious metals market and their impact on gold and silver.  In addition, Tom explained how many dealers are charging their clients very high commissions for rare coin products that he does not recommend.

The webinar also included new member Vic Patane, who has 35 years experience in the financial industry.  Vic, offers a unique perspective as he is one of the few financial analysts that understands the importance of the role of energy and its impact on the precious metals and economy.

After Tom Cloud provides a very interesting update of what is taking place in the precious metals market and in his business, he answers questions emailed questions as well as those by the attendees during the webinar.

One of the main reasons I decided to sponsor Precious Metals Dealer Tom Cloud on my site, is due to his upfront and honest way of doing business.  Shortly after Tom had been posting precious metals updates and information on my site, several dealers contacted him and were critical of him sharing his low commissions rates.  Basically, they were worried that he would, “Kill a GOOD THING for many dealers in the industry.”

Tom’s reply was, “If Real Estate Brokers have to openly show what they charge to buy or sell a home, why should precious metals dealers be any different?”  This is the problem with the precious metals retail industry.  Furthermore, many dealers or firms are also charging their clients a lot of money to store metal.

Since DAY ONE, Tom believes it is not right to make money on storing a client’s metal.  Which is why Tom offers the lowest cost precious metals storage program in the industry.

Lastly, Tom discusses how he has seen more Financial Advisors buying precious metals for the clients in the past six months than he has ever seen in his 40 years experience.  He explains why many more Financial Advisors are now realizing the importance of precious metals ownership for their clients.

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Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy. Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.