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TND Podcast Spotlight: SRS Rocco Report
This is an important precious metals update by Tom Cloud. Tom first discusses how banks are buying more gold because it was raised to a Tier 1 asset on the bank’s balance sheet. It’s not just Central Banks buying gold, it’s also smaller regional banks as well.
Tom also discusses what he is hearing about in the precious metals wholesale market. He discusses new buyers coming in with very large preliminary orders. Also, the wholesalers are warning of possible big delays this fall for certain precious metals products.
Lastly, if you haven’t checked out our new PRECIOUS METALS INVESTING page, I highly recommend you do.
Check back for new articles and updates at the SRSrocco Report. You can also follow us at Twitter, Facebook and Youtube below:
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Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.
Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.
You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TheNewsDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.
Visit the SRSRocco Report website: SRSRoccoReport.com