{"id":19416,"date":"2018-11-19T22:10:55","date_gmt":"2018-11-20T05:10:55","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=19416"},"modified":"2021-09-17T11:19:17","modified_gmt":"2021-09-17T21:19:17","slug":"tom-cloud-update-mainstream-financial-planners-getting-more-interested-in-gold-silver","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/tom-cloud-update-mainstream-financial-planners-getting-more-interested-in-gold-silver\/","title":{"rendered":"Tom Cloud Update:  Mainstream Financial Planners Getting More Interested In Gold &#038; Silver"},"content":{"rendered":"<p>In Tom Clouds newest update, he discusses many topics on rising precious metals premiums, silver miners production cost higher than the market price, skyrocketing debt and the coming rise in the gold and silver price.\u00a0 <span style=\"color: #800000;\"><strong>However, one of the most important parts of his video is the number of financial planners now calling him because they are becoming more interested in precious metals.<\/strong><\/span><\/p>\n<p>Tom starts by discussing the rising precious metals premiums on certain products since the summer.\u00a0 He then talks about the primary silver miners average cost of production is above the current market price.\u00a0 I have written a recent article on this, which he quotes, and it&#8217;s true:<\/p>\n<p><iframe loading=\"lazy\" title=\"Tom Cloud&#039;s Precious Metals Investing &amp; Updates (November 19, 2018)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/3-aC322uyRI?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>As I mentioned, Tom was quoted the data from the chart below which shows how the top primary silver miners average All-In-Sustaining Cost (AISC) is now $16.10.\u00a0 However, the AISC does not include all costs and also deducts by-product credits.\u00a0 I believe the costs are even higher:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-19385\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/11\/Silver-Miners-AISC-Q3-2018.png\" alt=\"\" width=\"600\" height=\"409\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/11\/Silver-Miners-AISC-Q3-2018.png 866w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/11\/Silver-Miners-AISC-Q3-2018-300x204.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2018\/11\/Silver-Miners-AISC-Q3-2018-768x523.png 768w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>All the primary silver miners shown in red posted a higher AISC than the current market price.\u00a0 There were only two that posted a lower AISC.\u00a0 Even though the silver production cost is not the only factor that determines the market price, it is at least helps provides a floor.\u00a0 We must also remember, these AISC were based on much higher oil prices in the third quarter.\u00a0 Oil prices have now fallen by more than $20 from their highs.\u00a0 So, I believe the primary silver miners costs will continue to decline over the next several quarters if oil prices remain at the current level or fall further.<\/p>\n<p><span style=\"color: #800000;\"><strong>While the silver market dynamics Tom discusses are important, I believe the best part of his update is the knowledge that financial planners have been reaching out to him becoming more interested in learning about precious metals for their clients.\u00a0<\/strong><\/span> I have spoken to Tom on the phone many times, and he says that the overwhelming majority of financial planners do not even bring up the subject of gold and silver to their clients.<\/p>\n<p>When the markets start to implode, either in a deflationary or hyperinflation bout, I can see more and more investors forcing their financial planners to get them invested in gold and silver to varying degrees.\u00a0 As I have stated for the past several months now, investors will start to rotate out of falling stock and real estate markets and into precious metals to protect their wealth.\u00a0 <span style=\"color: #800000;\"><strong>It would only take a small percentage of financial planners and investors getting interested in gold and silver to push their prices to new record <\/strong><\/span><span style=\"color: #800000;\"><strong>levels.<\/strong><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><span style=\"color: #ff0000;\"><strong>STAY TUNNED FOR NEW ARTICLES THIS WEEK:<\/strong><\/span><\/span><\/p>\n<p>I just wanted to let my readers know I will be posting some interesting articles this week, Wednesday and Friday.\u00a0 They will both be on the precious metals.\u00a0 The one on Wednesday shows the current Global Debt Level in reference to Gold Investment and what that means going forward and the article on Friday will show what is taking place in the Top 5 Gold Miners.\u00a0 Let&#8217;s just say, there are some very interesting facts and data in that article.<\/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 Tom Clouds newest update, he discusses many topics on rising precious metals premiums, silver miners production cost higher than the market price, skyrocketing debt and the coming rise in the gold and silver price.\u00a0 However, one of the most important parts of his video is the number of financial&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/tom-cloud-update-mainstream-financial-planners-getting-more-interested-in-gold-silver\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":29536,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,68,7,18,14],"tags":[80,2,81,47],"class_list":["post-19416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-free-members","category-mining","category-precious-metals","category-tom-cloud","category-videos","tag-precious-metals-dealer","tag-public","tag-silver-premiums","tag-tom-cloud"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/19416","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=19416"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/19416\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/29536"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=19416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=19416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=19416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}