A2A with Steve St. Angelo of the SRSrocco Report

69

With paper metal prices lower today, what better time to have Steve St. Angelo back for an A2A. Straight physical demand will one day serve to end the paper games and Steve is one of the best physical supply/demand analysts on the internet.

All sorts of important topics are covered over the course of this call, including:

  • Current global demand trends for gold
  • Physical silver demand as well as the current, global silver supply deficit
  • The paradox created by Bullion Bank raiding of the gold ETFs from 2013-2015
  • Whether or not royalty company shares may one day outperform straight mining shares

And much, much more. You're going to find this audio to be extremely helpful and interesting. Please be sure to give ot a thorough listen.

TF

  69 Comments


May 19, 2016 - 4:33pm

HUI chart

In the grand scheme of things...not too shabby. Would very much like to see it crawl back above the arrow before tomorrow's close, however.

amarula4
May 19, 2016 - 4:36pm
UulaBear
May 19, 2016 - 4:41pm

the bronze

stackers, stack!

murphy
May 19, 2016 - 4:43pm

?Marchas

Where are you?

I will gladly hold your spot today for a hamburger tomorrow.


May 19, 2016 - 5:03pm
Chiron
May 19, 2016 - 5:09pm

What?

No 3-D bar charts?

Marcrward
May 19, 2016 - 5:17pm

First

Miners holding in there! but i'm stacking and not selling.

Marchas45
May 19, 2016 - 5:30pm

Hey Murphy

You can have it. I've had no luck today whatever but I appreciate the offer. Keep Stacking

canary
May 19, 2016 - 5:44pm

Could it be their plan?

1. The Fed intends to rise rates in June.

2. Sends their members with hawkish talk to prepare markets.

3. "Modifies" the April Fed's Minutes to be in unison with it's members talk (something they of course know about).

4. Prepares the PPT to keep the S&P from collapsing (This is the hardest part).

5. Calls few very loyal people in BLS to come up with "beat expectations" numbers, for the economy to be gaining momentum.

6. Then on June 6th Yellen talks again (Yes, this is an unexpected addition to her calendar) to prepare markets again.

7. Fed hikes rates in their June meeting.

8. Sends their goons with very dovish talk days later.

AIJ
May 19, 2016 - 5:53pm
snarf55
May 19, 2016 - 6:13pm

A little recovery today

It wasn't much, but I'll take it. Lots of calls around here about where to buy Phizz from new-buyers after the CND got hammered yet again today.

indiana rod
May 19, 2016 - 6:54pm

Egyptian Plane Crash

The Presidential candidates were asked to comment on the Egyptian plane crash.

Trump said it appeared to be an act of terrorism.

Hillary said it was caused by a video.

Mickey
May 19, 2016 - 7:19pm

above the arrow

subject to tomorrows equity option expiry and anything can happen.

Royal Flush
May 19, 2016 - 7:32pm

great a2a

very enlightening.

SaratogaPrepper
May 19, 2016 - 7:34pm

Most excellent A2A

Always good to hear from Steve.

Dyna mo hum
May 19, 2016 - 7:43pm
Beez Dyna mo hum
May 19, 2016 - 7:49pm

@Well?

your link took me right back to this page. Could you repost?

boomstick
May 19, 2016 - 8:07pm

gah!

Dammit! This sucks! We're down 20% off the recent highs, back to the all time lows. I cannot believe -- Wait, what? We're how far off the highs this year? Forty?!? Oh. Four? Really? I've been whining like a little btc over a 4% 'selloff'. Oh. Good. Lord. F 'em. I stacked some more, it's sitting on the SS Capsize right now. To quote The Bard, "FYW" https://www.youtube.com/watch?v=YthG-MeKcbQ

canary
May 19, 2016 - 8:13pm

GLD/SLV

GLD gained 4.45 tonnes of gold today.

No change in SLV.

murphy
May 19, 2016 - 8:19pm

@ Boom

Don't worry, could be worse!

Photo: Taken in the Red Sea of Miners.

Safety Dan
May 19, 2016 - 8:35pm

@ AGAU

Both the Pope and the Queen of England said it:

Pope Francis & Queen of England say 2015 last Christmas (snippet)

Video unavailable

https://www.youtube.com/results?search_query=queen+this+is+your+last+chr...

Chiron
May 19, 2016 - 8:57pm

Bob Moriarty stikes again

"The two best calls ever on a gold correction" on 321gold. He includes himself in that illustrious group. Humble man, Moriarty is, while plugging his book again. He refers to "Crimex". This guy has some kind of fatal attraction to our host. Unbelievable. Moriarty needs to hang out with Avi Guilbert. They can fluff each other and tell themselves how great they are with charts.

AGAU
May 19, 2016 - 8:59pm

Safety Dan queenie

Thanks Dan

wonder what they know ??? Why would they even say this if they thought it True

rxman
May 19, 2016 - 9:17pm

SRS rocks. Ok energy

Guerilla Capital list, made mention of a guy by the name of Steven Harris. I am truly indebted for the info that was shared. He is a disaster preparedness genius. So many built in redundancies for a few thousand dollars in energy he will save your life. No actually you will save your own and others with his energy genius. Conversion and some really tech stuff in energy. Thank you GC and SH for the education.

Rxman

AIJ
May 19, 2016 - 9:17pm

Moriarty

I emailed Moriarty in 2008 about something I forget. His response was so rude that I never responded and wrote him off. Not worth the effort. A big jerk. I like the quote from "Top Gun" , " they were abused children".........

zenharmonics
May 19, 2016 - 9:17pm

Future claims

Good interview. An eye opener for practicality.

“A 401K is not comprised of assets. A 401K is comprised of future claims.”

STEVE ST. ANGELO

Gold is an asset. Gold is money. Gold has no liability. Gold is liquid. Gold is gold. Silver is silver.

Dyna mo hum
May 19, 2016 - 9:25pm
rxman
May 19, 2016 - 9:41pm

at canary

We'll see . Hmmm. Really doesn't matter from my perspective . We all got win win long and strong. Rode it down ridin it back up to new highs and buzz lightyear beyond lol. This party is just gettin started. Someone picked up some jnug today at 121 and it traded to 142 before settling back a bit. Nice. Rxman

AIJ
May 19, 2016 - 9:48pm

Ether is making a run to $15

Let's see if it can break through.

rxman
May 19, 2016 - 9:50pm

@aij

Is that an expanded rounded bottom that I see that I cannot unsee?? Rxman

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