How many precious metals investors know the year the United States imported a record amount of silver? This figure is so great, there is no other single year in U.S. history that comes anywhere close to this amount. Even more impressive than that, it turns out to be more than…
In just the past week, lawmakers in Idaho and Arizona have passed bills removing “Capital Gains Taxes” from gold and silver coins and bars. Normally, when individuals sell gold or silver, they must pay capital gains on any increase on the value of their precious metals investments. However, gold and…
Tom Cloud begins his precious metals update with the implications of a March 15th Fed interest rate hike on the markets. Investors need to realize that as interest rates move higher, so will the interest payment on the debt, which is now approaching $20 trillion. Furthermore, Tom discusses the significance…
The low oil price continues to wreak financial havoc on the largest oil producer in the Middle East. While the Mainstream press has published articles forecasting a rebound in Saudi Arabia’s financial outlook, due to higher oil prices this year, it seems like the Kingdom’s problems are just beginning. In…
The Silver Market is going to experience a big reversal when the Hedge Funds and Institutional investors rotate out of highly inflated stocks and into precious metals investments. This is not a matter of if, it’s a matter of when. And the when, could be much sooner than we expect…
The SRSrocco Report will be receiving a facelift and upgrade over the next week or so. The upgrade is necessary as the old site was out-dated and overdue for an update. In addition, site traffic has increased forcing us to move up to a faster virtual private server. No complaints…