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March
27
2017

HAGMANN REPORT: Precious Metals To Protect Wealth During The Global Energy Collapse
Steve St Angelo

There will be very few assets worth owning when the “Energy Collapse” begins in earnest.  Precious metals will be one of the few assets that will protect wealth as the U.S. and global oil industry disintegrates.

I had the pleasure of being interviewed by Doug and Joe Hagmann about the upcoming energy collapse at what that will look like in the future.  Very few people truly understand how bad the situation will become as the low oil price continues to gut the U.S. and global oil industry.  Oil is the lifeblood of our economy.  In addition, a significant portion of the coal we use to generate electricity to power homes and business is transported by trucks constantly running up and down the interstates and highways.

I explained in the interview that 99% of investors have their wealth in Stocks, Bonds and Real Estate.  These three assets will collapse along with the disintegration of the U.S. and global oil industries.  The reason physical gold and silver will protect wealth is because they are stores of “Economic Energy”, while Stocks, Bonds & Real Estate are “Energy IOU’s.”

You can check out my interview with Doug and Joe Hagmann here: SRSrocco interviewed by the Hagmann Report.

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Independent researcher Steve St. Angelo (SRSrocco) 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.

You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.

 

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