00:00 Introduction01:33 State of shale oil industry05:59 The coming energy cliff10:08 Black hole stimulus12:17 New market insanity15:16 Inflation & liquidity trap21:34 Late Bronze Age collapse25:02 Silver is undervalued31:06 Four factors to send silver price higher
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.