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Europe Energy Dependence Crisis
This week on GoldCore TV, Dave Russell welcomes back Steve St. Angelo of SRSroccoReport, who dives into the world of #EnergySupply, how energy dynamics are evolving, and the oil and natural gas sector’s future. He is convinced that we will continue to slide off the energy cliff at some point in the future and that the best way to protect yourself is to buy #gold and #silver NOW!
Highlights from the interview:
Why is green energy in Europe underperforming?
Is the energy cliff going to happen sooner than expected?
In terms of coal, oil, and natural gas, how reliant is Europe on Russian imports?
What is Russia’s motivation for demanding countries to pay for oil in Rubles, and what impact will this have on financial and energy markets?
Is Russia using the energy markets as a weapon, particularly assets denominated in US dollars?
Why is Germany, in particular, unable to take a moral or political stance and continue to buy Russian natural gas?
In this scenario, what role does nuclear energy play?
What is the route out of Europe’s current economic situation?
Why does Steve feel this is the best time to invest in gold and silver?
00:46- Energy Cliff in 2025?
04:03- Massive natural gas dependence on Russia
08:36- US total LNG exports v/s Russia
12:31: Weaponization of Financial Markets
15:25- LNG into natural gas, is it economic?
18:58- Germany purchasing natural gas from Russia
22:38- Net Electric Generation from France
25:57- Current France Power Situation
28:58- What’s the conclusion?
36:03- Wrap up
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