TOM CLOUD UPDATE: What’s Happening In the Precious Metals Markets

TOM CLOUD UPDATE: What’s Happening In the Precious Metals Markets by Steve St Angelo for SRSrocco Report

In this newest update, Tom Cloud discusses what is happening in the precious metals markets.  Tom begins with Platinum and then moves into the gold and silver markets.  Tom also explains that a falling Dollar Index will be very positive for gold (and silver) moving forward.

Tom also discusses information about Gold and Silver IRAs.  I believe this is an excellent alternative for individuals to consider who want to transition some of the risk away from over-leveraged stocks to more conservative precious metals.

I would also like to take this time to repost some comments made by followers who recently used Cloud Hard Assets services:

I stumbled across your report looking for a dealer who could actually get coins when my APMXX acct was placed on hold and I could not find my login for KITXX. In general, have been scammed a few times in my life, so with trepidation I ordered what to me was a large order from Dan at Tom Cloud. What a joy Dan was to do business with as was Jade. No baloney with the check, fast shipment and all as advertised by Dan at a greatly reduced premium to the big boys. I will never go back to them now that I have found Hard Assets. Although an experienced day trader, I was learning the precious metals mining and hard assets sector in earnest this time. As such I have enjoyed your free service but had no idea why it was free. As a beneficiary I will be a subscriber, paid for from the savings I incurred by purchasing via Dan at Hard Assets on your recommendation by blog post. You could pay me for these two endorsements but I have already been paid via savings. God bless your new business model, and thanks for the education thus far.

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Lastly, a couple of weeks ago, I took the plunge and decided to try out Tom Cloud’s company. I found that his prices on Silver Eagles were $6.00 less than any others locally, and on line. Although I like my local guys for several reasons, when one buys 8 tubes, it does add up. And, that includes shipping via FedX, with a signature required, so I was not worried. Jade was very easy to work with, and very professional.

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Cloud is one of few dealers that will answer the phone personally and sell 1 tube of (for example) Philharmonics or on the next call several 1,000 ounce bars (more associated with the wholesale market).
As a retailer who borders on wholesale, Steve will get a wholesale inventory (supply) status report from him.
I think retail and wholesale took a big inventory hit…and the “ethnic cleansing” of G & S will strengthen the bull.

I took the liberty of reposting these comments and sure hope the individuals don’t mind.  However, I wanted to show that CLOUD HARD ASSETS provides excellent service, with the additional benefit of lower prices most of the time.

For example, here are the prices for 2020 Silver Eagles (buying 1-19 coins) from the leading online dealers as of close on Thursday:

  • DEALER #1 = $38.77
  • DEALER #2 = $37.35
  • DEALER #3 = $40.67
  • DEALER #4 = $38.07
  • CLOUD ASSETS = $34.76

You can contact Tom or Dan at CLOUD HARD ASSETS here:  PRECIOUS METALS INVESTING.

Also, if you need to store metal at a secure facility, Tom offers some of the lowest storage rates in the industry.  TOM DOES NOT MAKE MONEY OFF HIS CLIENTS PRECIOUS METALS STORAGE.  The overwhelming majority of precious metals dealers add an additional percentage to store their clients gold and silver.

I challenge you to check for yourself.

Tom Cloud has been in the precious metals business for 46 years, since 1973.  He has a lot of experience in the precious metals industry and understands the gold and silver market better than most dealers in the industry.

If you are new to the precious metals market and had questions, Tom Cloud would be happy to answer any questions.

 

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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.