Steve St. Angelo: How safe are bank accounts? Silver is selling near the cost…

Goldseek Radio, Released on 3/26/23 (Recorded on 3/24/23)

1.30 – The derivatives fiasco is unstable…
3.00 – 4 largest domestic banks have $170 TRILLION in derivatives exposure, according to one online source.
4.20 – How safe are bank accounts?
9.00 – PMs miners and exploration shares.
10.00 – Silver is selling near the cost of production.
12.10 – Gold mining shares forecasts.
18.16 – Energy Crisis 2.0 in 2023-2025?
23.50 – “People must be in physical precious metals.”
26.00 – Unrest in Europe could spread to the US, making safe havens essential.
29.00 – The supply of investment grade gold and silver is insufficient to satiate potential global demand.

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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