{"id":15021,"date":"2017-01-31T22:32:29","date_gmt":"2017-02-01T05:32:29","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=15021"},"modified":"2021-09-17T11:19:18","modified_gmt":"2021-09-17T21:19:18","slug":"tom-cloud-precious-metals-update-large-wholesaler-warns-when-jp-morgan-switches-to-go-long-silver","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/tom-cloud-precious-metals-update-large-wholesaler-warns-when-jp-morgan-switches-to-go-long-silver\/","title":{"rendered":"TOM CLOUD PRECIOUS METALS UPDATE:  Large Wholesaler Warns When JP Morgan Switches To Go Long Silver"},"content":{"rendered":"<p>Tom Cloud provided an update on the precious metals market today.\u00a0 He begins discussing about a meeting he had with one of the largest precious metals wholesalers in the country and world.\u00a0 One of the topics discussed during that meeting is <span style=\"color: #800000;\"><strong>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<\/strong><\/span>.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/202624144\" width=\"599\" height=\"337\" frameborder=\"0\" title=\"Tom Cloud&#039;s Precious Metals Investing &amp; Updates (January 31, 2017)\" webkitallowfullscreen mozallowfullscreen allowfullscreen><\/iframe><br \/>\n&nbsp;<\/p>\n<p>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.<\/p>\n<p>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.\u00a0 Tom Cloud Hard Assets offers some of the least expensive precious metals storage programs in the world.\u00a0 He even talks about how an investor is paying more to store metal at the SLV ETF, <strong>where it is nearly impossible to get the metal<\/strong>, than storing PHYSICAL SILVER at one of his storage programs.<\/p>\n<p><span style=\"color: #800000;\"><strong>Tom then discusses a conversation with a Billionaire who just recently came to the understanding that all his wealth was tied into paper assets.<\/strong><\/span><\/p>\n<p>The most critical thing for investors to understand is that 99% of the their wealth is tied into paper assets or real estate.\u00a0 Diversifying all one&#8217;s wealth into STOCKS, BONDS or REAL ESTATE is not the wise thing to do&#8230; especially with the upcoming energy crisis.<\/p>\n<p>Here is a comparison of Tom Cloud&#8217;s physical storage costs compared to other precious metals investment vehicles:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-12945\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/05\/Basis-Points-Cost-For-Various-Preciouls-Metals-Investments-NEW.png\" width=\"500\" height=\"353\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/05\/Basis-Points-Cost-For-Various-Preciouls-Metals-Investments-NEW.png 653w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/05\/Basis-Points-Cost-For-Various-Preciouls-Metals-Investments-NEW-300x212.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/p>\n<p>Those who read my website but purchase or store precious metals with other dealers, you need to check out Tom&#8217;s services.\u00a0 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.<\/p>\n<p>I have heard way too many horror stories from individuals who spent too much money buying overpriced &#8220;Rare Gold&#8221; coins from companies heavily advertised on the radio and TV.\u00a0 I normally don&#8217;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.<\/p>\n<p>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.\u00a0 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.\u00a0\u00a0 I find that sort of service, repulsive.\u00a0 Believe me, I have heard this over and over again from many people.<\/p>\n<p>Anyhow, 2017 will likely turn out to be quite interesting in the markets.\u00a0 Maybe it&#8217;s time to consider really &#8220;Diversifying&#8221; one&#8217;s portfolio with REAL HARD ASSETS.<\/p>\n<p>Lastly, if you haven&#8217;t checked out our new <a href=\"https:\/\/srsroccoreport.com\/precious-metals-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #0000ff;\"><strong>PRECIOUS METALS INVESTING<\/strong><\/span><\/a> section or our new <a href=\"https:\/\/srsroccoreport.com\/lowest-cost-precious-metals-storage\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #0000ff;\"><strong>LOWEST COST PRECIOUS METALS STORAGE<\/strong><\/span><\/a> page, I highly recommend you do.<\/p>\n<p><span style=\"color: #ff0000;\"><strong>IMPORTANT NOTE:\u00a0<\/strong><\/span> If you are new to this site, you may want to check out our <a href=\"https:\/\/www.youtube.com\/watch?v=fURJTf0F3_s&amp;t=11s\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>PRECIOUS METALS WEBINAR<\/strong><\/em><\/a>.\u00a0 There is a lot of good material discussed during that webinar&#8230; for free.<\/p>\n<p>Check back for new articles and updates at the <a href=\"https:\/\/srsroccoreport.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>SRSrocco Report<\/strong><\/em><\/a>.\u00a0 You can also follow us at Twitter and Youtube below:<\/p>\n<ul class=\"srsr-social-ul\">\n<li id=\"srsr-minilogo-li\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/srsroccoreport-mini-logo-100x35-1.png\" \/><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/twitter\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-twitter-165x35-1.png\" \/><\/a><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/youtube\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-youtube-165x35-1.png\" \/><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Tom Cloud provided an update on the precious metals market today.\u00a0 He begins discussing about a meeting he had with one of the largest precious metals wholesalers in the country and world.\u00a0 One of the topics discussed during that meeting is what would happen to the silver market when JP&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/tom-cloud-precious-metals-update-large-wholesaler-warns-when-jp-morgan-switches-to-go-long-silver\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":29474,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,22,7,18,14],"tags":[2],"class_list":["post-15021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-free-members","category-news","category-precious-metals","category-tom-cloud","category-videos","tag-public"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/15021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/comments?post=15021"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/15021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/29474"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=15021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=15021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=15021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}