{"id":18043,"date":"2018-01-14T08:48:27","date_gmt":"2018-01-14T15:48:27","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=18043"},"modified":"2021-09-17T11:19:18","modified_gmt":"2021-09-17T21:19:18","slug":"tom-clouds-annual-precious-metals-market-update-2018","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/tom-clouds-annual-precious-metals-market-update-2018\/","title":{"rendered":"Tom Cloud&#8217;s Annual Precious Metals Market Update For 2018"},"content":{"rendered":"<p>In this update, Tom Cloud reviewed his calls for the precious metals market last year and what he sees taking place in 2018.\u00a0 Tom discusses their price targets and the overall precious metals market.\u00a0 For example, Tom&#8217;s forecast for gold to go up 10% in 2017 actually turned out to be 13.5%.\u00a0 This was due to what he saw as the falling U.S. Dollar Index.<\/p>\n<p><span style=\"color: #800000;\"><strong>According to Tom, the gold price in the past tends to go up about 8% for every 1% decline in the value of the Dollar.<\/strong><\/span>\u00a0 The U.S. Dollar fell 3% in 2017, so that suggested a 24% increase in the value of gold.\u00a0 However, the gold price only went up 13.5% last year.\u00a0 So, Tom sees the gold price catching up this year and believes it will increase another 10-15%.<\/p>\n<p>The reason Tom believes the gold price will increase in 2018 has to do with the overvalued Stock Market, the ongoing policy by the Chinese to back their Yuan by gold and the continued weakness of the U.S. Dollar.\u00a0 I most certainly agree with Tom on the U.S. Bubble Stock Market.\u00a0 \u00a0Just a correction of 10-15% could cause a huge increase in retail and physical gold bar and coin demand.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/0ULC325fimI\" width=\"770\" height=\"430\" frameborder=\"0\"><\/iframe><\/p>\n<p>Tom also discusses how some of his clients did very well by taking his advice on purchasing palladium at the beginning of 2017.\u00a0 \u00a0Palladium was the big precious metals winner last year by rising 50% from $706 to $1,057.\u00a0 In addition, Tom explains some of the dynamics of the platinum and palladium market.<\/p>\n<p><span style=\"color: #800000;\"><strong>While I don&#8217;t pay too much attention to the short-term precious metals price movements as does Tom, he does provide this information to those investors (especially to his wealthy clients) who like to trade the metals.<\/strong><\/span>\u00a0 Regardless, I sponsor Tom Cloud on my site because he is one of the most honest and upfront precious metals dealers in the industry.\u00a0 Also, Tom has some of the lowest rates in the precious metals industry.<\/p>\n<p>For those precious metals investors that WANT STORAGE, his service offers the lowest rate in the industry.\u00a0 He has told that when some precious metals investors, who are storing their metal with another company, found out about his low rates, they were literally shocked.\u00a0 \u00a0Actually, some were quite upset how much they were overpaying.<\/p>\n<p>I am not going to get into a debate on whether or not an individual should use a storage facility to store their metal.\u00a0 Some precious metals investors choose to store gold and silver because they have too much metal or they want to diversify\u00a0their holdings in many areas.<\/p>\n<p>Lastly, if you haven&#8217;t checked out our new <a href=\"https:\/\/srsroccoreport.com\/precious-metals-investing\/\" rel=\"noopener noreferrer\"><strong>PRECIOUS METALS INVESTING<\/strong><\/a> section or our new <a href=\"https:\/\/srsroccoreport.com\/lowest-cost-precious-metals-storage\/\" 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\" rel=\"noopener noreferrer\"><em><strong>PRECIOUS METALS WEBINAR<\/strong><\/em><\/a>.\u00a0 There is a lot of excellent\u00a0material discussed during that webinar&#8230; for free.<\/p>\n<p><strong><em>DISCLAIMER:<\/em><\/strong> <span style=\"font-size:.9rem;\"><em>SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and asset values. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed decisions on all types of assets. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.<\/em><\/span><\/p>\n<p>Check back for new articles and updates at the <a href=\"https:\/\/srsroccoreport.com\/\" rel=\"noopener noreferrer\"><em><strong>SRSrocco Report<\/strong><\/em><\/a>.\u00a0 You can also follow us on 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>In this update, Tom Cloud reviewed his calls on for the precious metals market last year and what he sees taking place in 2018.\u00a0 Tom discusses their price targets and the overall precious metals market.\u00a0<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/tom-clouds-annual-precious-metals-market-update-2018\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":29485,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,22,7,18],"tags":[48,2,47,79],"class_list":["post-18043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-free-members","category-news","category-precious-metals","category-tom-cloud","tag-precious-metals","tag-public","tag-tom-cloud","tag-u-s-dollar"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/18043","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=18043"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/18043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/29485"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=18043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=18043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=18043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}