The global economic and financial system is in much worse shape than I originally thought. New data and information suggest that the collapse will occur much quicker and with more dire results. This will cause global silver production to literally fall off a cliff within the next decade. Again, this…
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…
The top three U.S. oil companies released their financials today and the results were completely horrible. Exxon Mobil was the only one of the three that still made a profit for the first half of the year, however it was down a stunning 62% compared to the same period last…
We will be hosting the first Live SRSrocco Report Precious Metals Webinar on Tuesday, August 2nd at 6 pm EST. This is a chance for individuals to ask any questions about gold and silver as well as the retail-wholesale precious metals market. CLICK HERE TO: SIGN-UP For The SRSrocco Precious…
In this week’s precious metals update, Tom discusses the continued Sovereign debt crisis and how Japan is getting ready to flood the market with more liquidity and is talking about issuing a “Perpetual Bond” that has no time limit on it and pay no interest. This has sparked a rise…
The important silver threshold line was broken briefly last week and continues to bump up against it in early trading today. If the silver price closes above this threshold line by a significant margin, it could mean big trouble for the bullion banks who hold record silver short contracts. I…