SURGING ENERGY COSTS NOW IMPACTING GOLD & SILVER MINING INDUSTRY: Future Cost Escalation To Push Precious Metals Prices Higher
The skyrocketing oil and natural gas prices are now impacting the global gold and silver mining industry much greater than a decade ago. Why? When oil was trading at over $100 a barrel from 2011 to 2014, the natural gas price was relatively low. That has all changed today as oil and natural gas prices are both at extremely high levels. Unfortunately, this is just the beginning of much higher energy prices in the future…