{"id":40745,"date":"2018-11-20T08:51:12","date_gmt":"2018-11-20T13:51:12","guid":{"rendered":"http:\/\/olduvai.ca\/?p=40745"},"modified":"2018-11-20T08:51:12","modified_gmt":"2018-11-20T13:51:12","slug":"tom-cloud-update-mainstream-financial-planners-getting-more-interested-in-gold-silver","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=40745","title":{"rendered":"Tom Cloud Update: Mainstream Financial Planners Getting More Interested In Gold &#038; Silver"},"content":{"rendered":"<header class=\"entry-header clearfix\">\n<h3 class=\"entry-title\"><a href=\"https:\/\/srsroccoreport.com\/tom-cloud-update-mainstream-financial-planners-getting-more-interested-in-gold-silver\/\">Tom Cloud Update: Mainstream Financial Planners Getting More Interested In Gold &amp; Silver<\/a><\/h3>\n<\/header>\n<div class=\"entry-content clearfix\">\n<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 <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><\/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\u2019s true:<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/3-aC322uyRI?wmode=transparent&amp;rel=0&amp;feature=oembed\" width=\"777\" height=\"437\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/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><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-19385\" src=\"https:\/\/srsroccoreport.com\/wp-content\/uploads\/2018\/11\/Silver-Miners-AISC-Q3-2018.png\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" srcset=\"https:\/\/srsroccoreport.com\/wp-content\/uploads\/2018\/11\/Silver-Miners-AISC-Q3-2018.png 866w, https:\/\/srsroccoreport.com\/wp-content\/uploads\/2018\/11\/Silver-Miners-AISC-Q3-2018-768x523.png 768w\" alt=\"\" width=\"600\" height=\"409\" data-pagespeed-url-hash=\"545080052\" \/><\/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>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tom Cloud Update: Mainstream Financial Planners Getting More Interested In Gold &amp; Silver 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[195,23120,374,647,730,12073,19256],"class_list":["post-40745","post","type-post","status-publish","format-standard","hentry","category-economics","tag-debt","tag-financial-planners","tag-gold","tag-precious-metals","tag-silver","tag-srsrocco-report","tag-tom-cloud"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/40745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40745"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/40745\/revisions"}],"predecessor-version":[{"id":40746,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/40745\/revisions\/40746"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}