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 precious metals buying by the Japanese in June.
Tom also talks about the upcoming SRSrocco Report Precious Metals Webinar that will take place on Tuesday, August 2nd at 6 pm EST. I will be providing contact information in the next few days for those who want to ask Tom any question about gold and silver.
I would like to focus all questions on gold-silver or the retail and wholesale precious metals market. This is your chance to ask any question about gold and silver as Tom has 40 years experience in the retail and wholesale market.
We will be doing more video interviews in the future where followers can ask me questions as it pertains to how energy impacts the precious metals, mining and overall economy.
If you want to SIGNUP to Tom Cloud’s Precious Metals Email Updates, you can do so by using the form below:
Lastly, if you haven’t checked out our new PRECIOUS METALS INVESTING section or our new LOWEST COST PRECIOUS METALS STORAGE page, I highly recommend you do.
Check back for new articles and updates at the SRSrocco Report. You can also follow us at Twitter and Youtube below:
Steve: To begin with I do not own any bank stocks, nor do I have any deposits. I do not collaborate
with banks. I listened to Tom Cloud, with his 40 years of experience, expound on sovereign debt.
Then he spent half of his dialogue selling precious metals. Why can’t you find silver gurus that can
say, before it happens, why silver fell from $20.80 to $19.20. With all this fear, why is silver going
down? Anyone can say silver will be higher in 2025. Tom’s message is old news. Are you sure he
isn’t in cahoots with JP Morgan, Citi or Goldman Sacks?
“Why can’t you find silver gurus that can
say, before it happens, why silver fell from $20.80 to $19.20. ”
FIrst of all silver never closed as high as $20.80, nor as low as $19.20 recently.
It is the record short positions on the COMEX of course. The price-setting “mechanism” that is in violation of the CFTC’s rules, as has been pointed out over and over and over on this and other forums/blogs.
Are you a shill for the banking entities you mention above?
Or are you just that negative or dense about all of this?
You clearly understand [from previous posts] the concepts of supply and demand. Do you not know that physical supply and demand IS NOT WHAT DETERMINES SILVER PRICE AT THIS TIME??
You are contributing only negativity, ignorance, and BS with your comments.
“I listened to Tom Cloud, with his 40 years of experience, expound on sovereign debt.
Then he spent half of his dialogue selling precious metals.”
He is a precious metals dealer you moron; what do you expect him to talk about??
As I said before, IF YOU DON”T HAVE ANYTHING NEW OR CONSTRUCTIVE TO ADD, then you might as well refrain from leaving comments.
Your last comment about Tom being in cahoots with the Bankers is beyond CHILDISH.
WHEN ARE YOU GOING TO GROW UP??? You most certainly have the years, but seemingly not the wisdom.
Joe, why don’t you ask the average Venezuelan civilian?
Look, it doesn’t matter who is selling, as long as it’s physical.
$0,03 cents more or less, in a finite world, with fiat promises up to trillions of Bolivars, dollars, yens, who’s counting?
SRS provides very good info, for free. VERY good info. The commission through Clouds metals is a small contribution.
So shut up.
Joe You are an imbecile focusing in a 5% blip and not in the long trend that any one knows is of fiat colapsing.
Moron in 1913 a dollar was an ounce, today a dollar is just 1/20 th of an ounce.
Listen very well: the dollar has lost 95% of its value relative to silver in just a little over a century.
A house was 3000 USD , now 300.000 USD.
For your brain dead skull I will translate that for you:
The dollar has lost 99% of its value relative to houses.
Moron: Silver has to increase 5x to get even with houses.
Thanks for pointing out that the structure behind a perpetual bond, or helicopter money, is different than the previous forms of QE. Many miss that.