Steve St. Angelo: The impending energy scarcity could catapult the PMs sector

Goldseek Radio, Released on 2/26/23

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

2.20 – Much higher precious metals prices, likely.
3.15 – Deep pocketed, financial institutions control 80% of the market.
3.50 – Their ETF related purchases could boost PM’s prices.
7.20 – Inflation is a key theme increasing gold demand.
11.20 – Dollar hegemony?
12.30 – Key BRICS nations believe they face an existential risk.
15.00 – Demand for uranium – bull market?
16.40 – Diesel demand dynamics.
18.20 – The risk of global conflict could ignite a stampede of diesel demand.
20.00 – 45 ton, eDumper mining trucks recharge via downhill breaking, saving millions in diesel expense and green, too.
24.00 – Extraordinary breakthroughs in battery technologies will usher in amazing efficiencies.
26.35 – The impending energy scarcity could catapult the PMs sector into the magnetosphere.

Independent researcher Steve St. Angelo ( 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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