{"id":17039,"date":"2017-08-08T09:34:28","date_gmt":"2017-08-08T15:34:28","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=17039"},"modified":"2021-09-17T11:19:18","modified_gmt":"2021-09-17T21:19:18","slug":"tom-cloud-issues-gold-buy-alert-one-of-the-few-in-his-41-year-history","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/tom-cloud-issues-gold-buy-alert-one-of-the-few-in-his-41-year-history\/","title":{"rendered":"TOM CLOUD ISSUES GOLD BUY ALERT:  One Of The Few In His 41 Year History"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-17041 alignleft\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2017\/08\/TOM-CLOUD-UPDATE-080717-FIMAGE-1.png\" alt=\"\" width=\"235\" height=\"176\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2017\/08\/TOM-CLOUD-UPDATE-080717-FIMAGE-1.png 320w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2017\/08\/TOM-CLOUD-UPDATE-080717-FIMAGE-1-300x225.png 300w\" sizes=\"auto, (max-width: 235px) 100vw, 235px\" \/>Precious metals expert and dealer Tom Cloud issued a new Buy alert for gold during his update this week. I have spoken to Tom on the phone recently, and this is one of the very few gold buy alerts he has made in his 41 year history as a precious metals dealer.<\/p>\n<p>Tom discusses how the majority of the previous price moves in gold and silver normally occurs within a 12 month period.\u00a0 For example, <span style=\"color: #800000;\"><strong>the gold price increased from a low of $1,323 to a high of $1,923 between January and September 2011.\u00a0 That was a $600 move in nine months<\/strong><\/span>.<\/p>\n<p>Tom also discusses a large a large silver order out of Asia-Singapore that was 28 cents higher for each 100 oz bar versus in the U.S. due to higher demand:<\/p>\n<p><iframe loading=\"lazy\" title=\"Tom Cloud&#039;s Precious Metals Investing &amp; Updates (August 7, 2017)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/TXcgd1WyJto?wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>In the update, Tom describes how the Stock Market is overdue for a large market correction&#8230; I agree.\u00a0 Tom states that the Stock Market is now selling at 36 times earnings, when the average has been 15.\u00a0 Furthermore, <span style=\"color: #800000;\"><strong>Mike Pento stated on a recent interview with Greg Hunter at USAWatchDog.com, that the average value of the Stock Market divided by the GDP was 55% over the past 2-3 decades.\u00a0 However, the current Stock Market value is currently a lofty 135% of the GDP.<\/strong><\/span>\u00a0 So, we can plainly see that these highly inflated stock market values will not last for long.<\/p>\n<p><span style=\"color: #800000;\"><strong>The last time the stock market fell a mere 2,000 points, in the beginning of 2016, the price of gold and silver jumped 20-30%.<\/strong><\/span>\u00a0 So, the idea that the precious metals will sell off with the broader markets, wasn&#8217;t true the last time it happened.<\/p>\n<p>In addition, Tom talks about a conference call he had with two money managers and how they were trying to get more of their clients to get into gold.\u00a0 Unfortunately, 98% of money managers have no gold exposure for their clients.<\/p>\n<p>Lastly&#8230; Tom discusses a meeting he had in New York a few weeks ago about a new Gold-Silver backed crypto-currency.\u00a0 From this meeting, Tom believes that a lot of individuals will move their funds from risky banks to these Gold-Silver backed crypto-currencies over the next 18+ months.<\/p>\n<p><span style=\"color: #800000;\"><strong>This may not sound that far-fetched as there are now three Gold-Backed Crypto-currencies already<\/strong><\/span>:<\/p>\n<ol>\n<li>OneGram<\/li>\n<li>ZenGold<\/li>\n<li>OzCoinGold<\/li>\n<\/ol>\n<p>Now, the Gold-Silver-backed BCX asset that Andrew Maquire has been talking about on King World News is not a crypto-currency, rather it is a digital asset.\u00a0 Gold and silver on the BCX will be traded as digital assets on the Billion Coin Exchange, not as a Gold-Silver backed crypto-currency.<\/p>\n<p><span style=\"color: #800000;\"><strong>Clif High mentioned on a recent interview that the value of gold will become meaningless in the future due to too much supply and the crypto-currency market taking over&#8230; I COMPLETELY DISAGREE<\/strong><\/span>.\u00a0 I will be posting an article on the details why I don&#8217;t see this happening.\u00a0 However, the major point that Clif High omits from his forecasts is ENERGY.<\/p>\n<p>One more thing.\u00a0 I had to remove the details of Tom Clouds Lowest Cost Storage rates in the industry on our webpage because it caused too much of a stir in the industry.\u00a0 So, if you want to find out about Tom&#8217;s LOWEST COST PRECIOUS METALS STORAGE rates, you have to call his number on the page.<\/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\"><strong>PRECIOUS METALS INVESTING<\/strong><\/a> section or our new <a href=\"https:\/\/srsroccoreport.com\/lowest-cost-precious-metals-storage\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>LOWEST COST PRECIOUS METALS STORAGE<\/strong><\/a> page, I highly recommend you do.<\/p>\n<p>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>Precious metals expert and dealer Tom Cloud issued a new Buy alert for gold during his update this week. I have spoken to Tom on the phone recently, and this is one of the very few gold buy alerts he has made in his 41 year history as a precious&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/tom-cloud-issues-gold-buy-alert-one-of-the-few-in-his-41-year-history\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":29481,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,22,7,18,14],"tags":[2],"class_list":["post-17039","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\/17039","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=17039"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/17039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/29481"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=17039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=17039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=17039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}