TOM CLOUD PRECIOUS METALS UPDATE: Large Wholesaler Warns When JP Morgan Switches To Go Long Silver

Tom Cloud provided an update on the precious metals market today.  He begins discussing about a meeting he had with one of the largest precious metals wholesalers in the country and world.  One of the topics discussed during that meeting is what would happen to the silver market when JP Morgan switched from being short on its paper silver contracts, to being long on its large physical silver holdings.


Tom also discusses that sources out of Singapore warn of gold and silver inventories eventually being wiped out by Central Banks and Sovereign wealth funds.

In the next part of the update, Tom explains some new Precious Metals Storage programs for those who are interested in storing metals away from their home or even out of the country.  Tom Cloud Hard Assets offers some of the least expensive precious metals storage programs in the world.  He even talks about how an investor is paying more to store metal at the SLV ETF, where it is nearly impossible to get the metal, than storing PHYSICAL SILVER at one of his storage programs.

Tom then discusses a conversation with a Billionaire who just recently came to the understanding that all his wealth was tied into paper assets.

The most critical thing for investors to understand is that 99% of the their wealth is tied into paper assets or real estate.  Diversifying all one’s wealth into STOCKS, BONDS or REAL ESTATE is not the wise thing to do… especially with the upcoming energy crisis.

Here is a comparison of Tom Cloud’s physical storage costs compared to other precious metals investment vehicles:

Those who read my website but purchase or store precious metals with other dealers, you need to check out Tom’s services.  The only reason I decided to sponsored Tom Cloud on my site is due to the fact that he is one of the most UPFRONT, HONEST and LOWEST COST PRECIOUS METALS DEALERS in the industry.

I have heard way too many horror stories from individuals who spent too much money buying overpriced “Rare Gold” coins from companies heavily advertised on the radio and TV.  I normally don’t spend a lot of time promoting Tom, because I like to focus on the research and writing, but it really upsets me to hear from Tom or from my followers how they were defrauded or provided lousy service by other precious metals companies.

Lastly, Tom is one of the few dealers that enjoys spending time talking with individuals who are interested to know more about investing in gold and silver.  When some dealers hear that an individual has very little to spend on buying gold and silver, they have no interest in wasting time on such a small order.   I find that sort of service, repulsive.  Believe me, I have heard this over and over again from many people.

Anyhow, 2017 will likely turn out to be quite interesting in the markets.  Maybe it’s time to consider really “Diversifying” one’s portfolio with REAL HARD ASSETS.

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.

IMPORTANT NOTE:  If you are new to this site, you may want to check out our PRECIOUS METALS WEBINAR.  There is a lot of good material discussed during that webinar… for free.

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6 Comments on "TOM CLOUD PRECIOUS METALS UPDATE: Large Wholesaler Warns When JP Morgan Switches To Go Long Silver"

  1. “The most critical thing for investors to understand is that 99% of the their wealth is tied into paper assets or real estate.”

    best. ponzi. evah!

    • Works really well, until it all goes down the toilet. Flush, rinse, repeat. But only 1% will make it to the other side…

      • DisappearingCulture | February 2, 2017 at 7:36 am |

        Hope that “other side” will be worth living in.

        • I hope so too. But either way, it’s coming. It’s in the makings and it can’t be stopped.

        • it’ll be cold, hard, dirty, and boring. but perhaps some pass-time can be found in understanding what (and who) drugged it into a frantic frenzy only to crash it, and teaching one’s children to recognize the signs and not let it happen again.

  2. Bhavesh Modi | February 1, 2017 at 6:42 pm |

    Thanks Steve, regards

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