Now that British citizens have voted to leave the European Union, the DIE HAS BEEN CAST. It really doesn’t matter if Scotland or Ireland want to veto it or if a few million British want to redo the vote, because the INERTIA for change has been put into motion. Europe, the United States and in the rest of the world are now in the last stages of financial disintegration.
I sat down with Dan from Future Money Trends and discussed several aspects of the silver market as it pertains to future economic turmoil in the interview below:
TOPICS IN THIS INTERVIEW:
00:25 Introduction to Steve St. Angelo
02:10 COMEX silver inventory leverage record high 500:1
05:00 China’s Shanghai Exchange Rapidly growing physical inventory
06:00 Recycled Silver Falling, Paper suppressing physical price
07:20 Above Ground available silver only 2 or 3 Billion oz
09:10 Chinese are jumping into commodities trading
09:40 Mining production; base metal mines shutting down
11:45 Peak Silver Production coming soon
12:30 BREXIT Yes Vote to Cause Higher Gold & Silver Prices
13:10 Massive world monetary changes & chaos coming; NIRP
16:45 Where to buy Physical Bullion from
21:00 Steve’s take on mining shares new bull market
You can also find the original interview here: Peak Silver as COMEX has record LOW Silver Stock & High Demand – Steve St. Angelo of SRSRoccoReport.com
I spent some time at the end of the video talking about the SRSrocco Report’s new association with precious metals expert Tom Cloud. One of the items I did not cover in the interview is Tom Clouds ability to protect clients payment method by using an escrow account.
We have heard several dealers going bankrupt such as Tulving and the NW Territorial Mint. Many customers lost their money when the company went into bankruptcy. This will never happen to any client or customer who uses Tom Cloud’s services.
When Tom Cloud receives payment from a clients payment, he puts the funds in escrow. Only when the metal is all accounted for and ready to be shipped, are the funds removed from escrow. Tom is one of the only few dealers who provides this sort of safety service to protect the customer or clients funds.
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