{"id":28730,"date":"2021-07-14T12:02:39","date_gmt":"2021-07-14T18:02:39","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=28730"},"modified":"2021-09-17T11:19:08","modified_gmt":"2021-09-17T21:19:08","slug":"tom-cloud-precious-metals-update-basel-iii-on-gold-whats-happening-in-the-silver-market","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/tom-cloud-precious-metals-update-basel-iii-on-gold-whats-happening-in-the-silver-market\/","title":{"rendered":"TOM CLOUD PRECIOUS METALS UPDATE:  Basel III On Gold &#038; What&#8217;s Happening In The Silver Market"},"content":{"rendered":"<p>Tom Cloud discusses the implications of the new Basel III ruling on gold and what is taking place in the silver market.\u00a0 Tom says that premiums on silver bullion products have fallen for the first time in several months.\u00a0 This is also due to precious metals demand being the lowest this time of year during the summer.\u00a0 However, if we see lower silver prices, that would likely stimulate more physical buying, thus pushing up premiums once again.<\/p>\n<p>Tom also mentions that they provide the cheapest precious metals storage in the industry towards the end of the update.\u00a0<span style=\"color: #800000;\"><strong> I know, because I also store some of our metal at the IDS Texas Depository for 30 basis points a year for FULLY ALLOCATED storage.\u00a0<\/strong><\/span> Now, I urge anyone to compare that rate to the other well-known precious metals dealers.\u00a0 Most are charging double that, as they are tacking on top of their own fee.\u00a0 Whereas Tom Cloud DOES NOT take any additional fee to store his client&#8217;s metal.<\/p>\n<p><span style=\"color: #800000;\"><strong>Below the video update, I provide some of the current premiums that Cloud Hard Assets is charging for its bullion products.<\/strong><\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Tom Cloud&#039;s Precious Metals Investing &amp; Updates (July 14, 2021)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/ZvwG5t67buE?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=\"text-decoration: underline;\"><strong>CLOUD HARD ASSETS BULLION PREMIUMS over spot:<\/strong><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Silver Premiums:<\/strong><\/span><\/p>\n<ul>\n<li>2021 Type 2 New Silver Eagle = $11<\/li>\n<li>2021 Silver Maple Leaf = $5.60<\/li>\n<li>2021 Silver Krugerrand = $4.85<\/li>\n<li>2021 Silver Britannia =$4.85<\/li>\n<li>2021 Silver Philharmonic = $4.35<\/li>\n<li>Junk Silver 90% = $3.60<\/li>\n<li>Silver 100 oz Comex Bars = $3.30<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><strong>Gold Premiums:<\/strong><\/span><\/p>\n<ul>\n<li>2021 1 oz Gold Eagle = 8.5%<\/li>\n<li>2021 1 oz Gold Buffalo = 8.5%<\/li>\n<li>2021 1 oz Gold Krugerrand = 6.0%<\/li>\n<li>2021 1 0z Gold Philharmonic = 5.75%<\/li>\n<li>2021 1 oz Gold Maple = 5.5%<\/li>\n<li>10 oz Gold Comex Bar = 3.75%<\/li>\n<\/ul>\n<p>I really like Tom and Dan at Cloud Hard Assets.\u00a0 They are very easy and laid back to talk to and will answer any questions.\u00a0 Also, Tom Cloud puts all his client&#8217;s funds in an escrow account until the metal is shipped.\u00a0 This is an extra security protection not offered by many other precious metals dealers.<\/p>\n<p>If you want to contact Cloud Hard Assets, you can click here: <a href=\"https:\/\/srsroccoreport.com\/precious-metals-investing\/\" target=\"_blank\" rel=\"noopener\"><strong>CLOUD HARD ASSETS<\/strong><\/a>.<\/p>\n<script>(function() {\n\twindow.mc4wp = window.mc4wp || {\n\t\tlisteners: [],\n\t\tforms: {\n\t\t\ton: function(evt, cb) {\n\t\t\t\twindow.mc4wp.listeners.push(\n\t\t\t\t\t{\n\t\t\t\t\t\tevent   : evt,\n\t\t\t\t\t\tcallback: cb\n\t\t\t\t\t}\n\t\t\t\t);\n\t\t\t}\n\t\t}\n\t}\n})();\n<\/script><!-- Mailchimp for WordPress v4.12.1 - https:\/\/wordpress.org\/plugins\/mailchimp-for-wp\/ --><form id=\"mc4wp-form-1\" class=\"mc4wp-form mc4wp-form-5 mc4wp-form-theme mc4wp-form-theme-red\" method=\"post\" data-id=\"5\" data-name=\"Posts &amp; 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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>Tom Cloud discusses the implications of the new Basel III ruling on gold and what is taking place in the silver market.\u00a0 Tom says that premiums on silver bullion products have fallen for the first time in several months.\u00a0 This is also due to precious metals demand being the lowest this time of year during the summer&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/tom-cloud-precious-metals-update-basel-iii-on-gold-whats-happening-in-the-silver-market\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":28734,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7,18],"tags":[16,2,17,47],"class_list":["post-28730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-free-members","category-precious-metals","category-tom-cloud","tag-gold-investing","tag-public","tag-silver-investing","tag-tom-cloud"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/28730","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=28730"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/28730\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/28734"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=28730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=28730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=28730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}