GoldSeek Radio Nugget -- Steve Rocco: Silver being sold for less than production cost..

Steve Rocco, of the Rocco Report, rejoins the show with stellar precious metals commentary. Our guest analyses the COT reports to synthesize higher probability entries for gold and silver.

Silver is currently selling for less than production cost, according to our guest.

Plus, tightness in the institutional / commercial net/short position in the PMs markets has more predictive value than traditional retail demand.

Institutions obtain large exposure to gold and silver, chiefly via ETFs due to constraints on the tiny physical metals market.

Our guest outlines a bargain gold/silver producer, currently trading around $3 per share!
Key takeaway point - when viewed from the vantage point of most over priced asset classes, gold and silver are offer relative value.

https://srsroccoreport.com/

Steve St. Angelo (SRSrocco)

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