Palisades Gold Radio, Released on 3/3/23
Tom Bodrovics welcomes Bix Weir, and Steve St. Angelo for a lively and professional debate around metals manipulation and mining. Bix believes there is a large amount of gold in the Grand Canyon region, while Steve believes it’s uneconomic to mine both logistically and due to energy costs.
0:00 – Introductions
4:47 – Grand Canyon Gold?
21:30 – 1900 Gold Supply
33:54 – Gold Price Fixing
36:57 – Taxes on Gold
41:18 – Counterarguments
50:00 – Gold Manipulation Chart
1:00:10 – Derivative Impacts
1:01:43 – Todays Production Costs
1:06:05 – Supply/Demand & Price
1:09:55 – Mining & Energy Use
1:15:25 – 1980 Highs & Benchmarks
1:25:40 – High Frequency Trading
1:27:10 – Reserve Disparities
1:29:34 – Silver Eagles & Supply
1:39:12 – Energy & Fairy Tales
1:45:22 – Energy & Crypto Mining
1:46:54 – COMEX, Hedging, & ETFs
1:57:22 – Revaluation & Metals?
2:03:24 – Shale & Energy Sunset
2:06:20 – Silver Lining Wrap Up
Bix Weir has 30 years’ experience in the financial industry with various fortune 500 companies. He is the creator of the “Road to Roota Theory” and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to pull the curtain away from the Cabal of International Bankers that has taken control of our free market system.
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.