Steve St. Angelo: Costs Up, Prices Up For Gold and Silver

Goldseek Radio, Released on 3/15/24 (Recorded on 3/12/24)

– Steve notes the floor price on gold and silver bullion is based on the cost of mining.
– Can you supplement your home heating for free via bitcoin mining rigs – the host did!
– Is the future of heating hydrogen reactors and cryptomining rigs?
– Is the lack of retail demand for the PMs a positive or a negative for the metals price?
– With US equities soaring to new highs, are euphoric investors discounting the probability of a recession?
– The duo share their widely different views on the amazing cryptomarket rally.
– Elon Musk’s DOGE coin discussion and forecast (hypothetical).
– Bitcoin and Ether discussion and projection (hypothetical).
– Is Bitcoin the gold of the younger generation?
– The cost to produce silver is near the current price.
– Will silver run to $30 and break through resistance to new record highs like gold?
– Silver could present a safety net against financial collapse.
– Is the domestic economy headed for a recession?
– Will fusion be the next big energy breakthrough to save the world from peak energy?
– Technical and fundamental outlook for crude oil.
– Is natural gas nearing a bottom, setting the stage for a 100% advance over the next year?

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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