In Tom Cloud’s newest update, he starts with breaking news that some 401K’s are now considering physical gold as part of the investment portfolio. Most 401K’s do not allow investors to include physical gold as part of their portfolio, but this could be changing soon. With just 1% of Americans moving into physical gold in their 401K, it could push the price much higher.
It will be interesting to see if many of the 401K’s change their policy to include physical gold (and quite likely silver) into their investment portfolio.
Tom also talks about the U.S. Dollar heading for more weakness as the government increases its stimulus-debt-money printing. While it’s difficult to know the short-term trend of the U.S. Dollar Index, the mid to longer-term fundamentals of the precious metals will only getter better.
Tom also sent out an email that they are now selling 2020 Silver Britannia’s at only $3.00 over spot. I took a look at the top online competitors and they are $1-2 higher per coin (depending on the number of coins purchased) than what Cloud Hard Assets is charging.
You can contact Tom or Dan at CLOUD HARD ASSETS here: PRECIOUS METALS INVESTING.
Also, if you need to store metal at a secure facility, Tom offers some of the lowest storage rates in the industry. TOM DOES NOT MAKE MONEY OFF HIS CLIENTS PRECIOUS METALS STORAGE. The overwhelming majority of precious metals dealers add an additional percentage to store their clients gold and silver.
I challenge you to check for yourself.
Tom Cloud has been in the precious metals business for 46 years, since 1973. He has a lot of experience in the precious metals industry and understands the gold and silver market better than most dealers in the industry.
If you are new to the precious metals market and had questions, Tom Cloud would be happy to answer any questions.
DISCLAIMER: While Tom offers information about precious metals, you should not take this as investment advice. You should contact a professional advisor and or do your due diligence before making investment decisions.
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Time for 401k’s to rebalance their portfolios. Got gold?
About six weeks ago began saying we’d see $2500 Gold before the end of 2020.
Still saying that while there would be ‘skirmishes’ all along the way, that the real battle will be SILVER busting through $36. It’s my suspicion that the bucket and duck tape carrying the Silver market is leaking badly now. Am expecting fairly soon to see a SILVER Bid of $45 at the same time we see SILVER Ask of $56. Strange as that might be.
I’m now setting my sights on another battle that will be…. keeping spot Silver under $60. This battle won’t be nearly as long in duration as the break through at $36, because after hanging that big six there’ll be no looking back, plus no SILVER to be had anywhere.