Steve St. Angelo: $400 trillion in paper assets could seek shelter

Goldseek Radio, Released on 4/17/23 (Recorded on 4/14/23)

Steve St. Angelo (aka Steve Rocco), of the Rocco Report, returns with in-depth analysis on the precious metals, energy and equities markets.

1.20 – Energy crisis 2.0.
2.00 – Peak oil?
3.10 – 65 gallons of crude oil required to produce one ounce of gold!
4.30 – The potential for increased global conflict will boost commodities demand.
7.12 – Natural gas industry.
8.20 – Inelastic physical gold and silver supply.
8.40 – $400 trillion in paper assets could seek shelter in the comparatively tiny $8 trillion precious metals sector.
13.02 – Interest rate-swap crisis.
15.30 – Real estate bubble?
16.30 – Batten down the hatches.
19.30 – Supply chain-concerns could unravel the economic outlook.
25.20 – Potential geo-economic risks.

Independent researcher Steve St. Angelo (SRSrocco.com) 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.

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