0:00 - Intro0:25 - Steve's energy analysis and precious metals4:19 - Energy supply under a Biden presidency7:19 - Implications of a global "green recovery"13:13 - Green energy push and precious metals demand18:24 - Bitcoin is for speculators, not investors21:16 - How much energy does bitcoin mining need?25:06 - Thoughts on oil, gas and uranium investing31:22 - We're headed towards a "massive correction"35:22 - Outro
*This interview was recorded on January 15th
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.