Steve St. Angelo: The Financial World is One Giant Ponzi Scheme

Palisades Gold Radio, Released on 10/22/22

0:00 - Introduction0:43 - Capital Allocation5:09 - Red Queen Syndrome9:20 - Middle East & Oil Decline11:52 - EIA - Hide the Decline14:27 - Understanding EROI18:02 - U.S. Energy Exports20:04 - Dollar Endgame24:35 - The Winter Ahead30:32 - Energy & Foreign Impacts32:35 - Precious Metals & Energy39:04 - Institutions & Metals44:10 - Wrap Up

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.

Steve St. Angelo: The Financial World is One Giant Ponzi Scheme added by Herman James on 10/21/2022View all posts by Herman James ?+'