Steve St. Angelo: Bitcoin Collapses First, Then The Entire Digital Banking System Collapses

By Silver Doctors / December 30, 2020 / marketsanity.com / Article Link

The election is over, vaccines are being rolled out, and the mainstream is looking to greener pastures ahead. But are greener pastures ahead, or could we be in for one really rough ride?

Steve St. Angelo of SRSrocco Report joined Silver Doctors on Tuesday, December 29, 2020, for a robust discussion on where we are and where we may be headed as we move into the new year and beyond.

Some of the topics in today's discussion include -

A lot of people are starting to understand that the US dollar's days are numbered, and they're looking at anti-dollar plays as a way to protect themselves, and while gold & silver preceded the US dollar, and while gold & silver will be around long after the US dollar is gone, many people now think of Bitcoin as an anti-dollar play. What does Steve think about gold, silver, and Bitcoin in relation to the US dollar?

What makes a Bitcoin "expert", and what is it that most experts don't get about Bitcoin?

Gold & silver are often thought of as "stores of value", but when compared to Bitcoin, couldn't we also say that gold & silver represent "stored energy" when compared to the ongoing energy requirements needed for the cryptocurrency?

It's not just Bitcoin that is at risk but the entire world of fictionalized products that have been built-up all because of cheap energy?

If financial assets are propped up by cheap debt, won't governments and central banks just print up the money to prevent paper wealth from collapsing? What does Steve think about the inflation versus deflation debate, and what about hyperinflation?

What alternatives are there to gold & silver if a person doesn't have the ability to purchase precious metals for one reason or another? Real Estate? Copper?

What's on Steve's radar as we move into 2021?

For discussion on all of those topics and more, tune-in to the interview in its entirety!

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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