SBTV's 100th interview is with Steve St Angelo, our very first guest on the channel. Steve believes energy has a huge impact on the price of gold and silver. He sees the world transitioning from a time to build wealth to a time to protect wealth with physical gold and silver bullion.
Steve St Angelo is the editor of the SRSRocco Report.
Discussed in this interview:
02:24 Oil is central to economic prosperity
06:57 Peak oil: Is it a myth?
13:51 Impact of energy on the repo market
15:55 Do larger oil reserves equate to bigger bargaining power?
19:35 Why it is difficult to replace oil with new energy technology
24:23 Why silver price will go exponential
32:56 How likely will the silver price surpass gold?
35:39 Without bankers, most Americans could not afford their standard of living
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