Silver Bullion TV, Released on 10/13/21
SBTV spoke with Steve St Angelo of the SRSRocco Report about how the squeeze in natural gas supplies in Europe right now has sent prices soaring and how the same just-in-time inventory mechanics will eventually happen in silver.
Steve St Angelo's SRS Rocco Report: https://srsroccoreport.com
Discussed in this interview:00:00 Introduction01:47 Taking energy for granted06:32 No escape from the need for oil10:02 US energy problems will worsen17:58 China's energy challenges22:19 Power plant shutting30:57 Catalyst for skyrocketing silver price37:00 Energy return on investment continues to fall
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 Squeeze in Natural Gas Now Will Happen in Silver added by Herman James on 10/13/2021View all posts by Herman James ?+'