{"id":19221,"date":"2018-09-13T14:35:48","date_gmt":"2018-09-13T20:35:48","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=19221"},"modified":"2021-09-17T11:19:17","modified_gmt":"2021-09-17T21:19:17","slug":"tom-cloud-precious-metals-update-rising-silver-premiums-on-official-coins-the-platinum-market","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/tom-cloud-precious-metals-update-rising-silver-premiums-on-official-coins-the-platinum-market\/","title":{"rendered":"TOM CLOUD PRECIOUS METALS UPDATE:  Rising Silver Premiums On Official Coins &#038; The Platinum Market"},"content":{"rendered":"<p>During Tom Cloud&#8217;s newest precious metals update, he discussed the rising silver premiums on official silver coins as well as the oversold platinum market.\u00a0 Not only have premiums increased on the Silver Eagle coins ever since the U.S. Mint suspended sales to the Authorized Dealers, but they have also increased on other official silver coins.<\/p>\n<p>While some precious metals analysts have made a big deal out of the U.S. Mint suspending sales of Silver Eagles, it&#8217;s just business as usual.\u00a0 The U.S. Mint cut back on Silver Eagle production due to the much lower monthly sales figures compared to a few years ago.\u00a0 However, when a few large buyers came in and wiped out the inventory, they needed time to build it back up.<\/p>\n<p>Regardless, the low silver price has pushed up premiums on many of the official silver coins.\u00a0 Tom explains this in his newest video below:<\/p>\n<p><iframe loading=\"lazy\" title=\"Tom Cloud&#039;s Precious Metals Investing &amp; Updates (September 13, 2018)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/LJib-fpuSVA?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><span style=\"color: #800000;\"><strong>Also, Tom talks about the oversold Platinum market which is now trading at low of $800 compared to over a $1,000 at the beginning of the year.\u00a0 The Commercial hedgers are NET LONG Platinum by 5,700 contracts, the first time since over 25 years<\/strong><\/span>:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-19223\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/09\/Platinum-Hedgers-090418.png\" alt=\"\" width=\"650\" height=\"380\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/09\/Platinum-Hedgers-090418.png 1099w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/09\/Platinum-Hedgers-090418-300x176.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/09\/Platinum-Hedgers-090418-1024x599.png 1024w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/09\/Platinum-Hedgers-090418-768x449.png 768w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/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>During Tom Cloud&#8217;s newest precious metals update, he discussed the rising silver premiums on official silver coins as well as the oversold platinum market.\u00a0 Not only have premiums increased on the Silver Eagle coins ever since the U.S. Mint suspended sales to the Authorized Dealers, but they have also increased&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/tom-cloud-precious-metals-update-rising-silver-premiums-on-official-coins-the-platinum-market\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":29490,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,22,7,18,14],"tags":[20,2,66],"class_list":["post-19221","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-precious-metals-investing","tag-public","tag-tom-cloud-update"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/19221","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=19221"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/19221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/29490"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=19221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=19221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=19221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}