Is it time to lick your chops Silver Stackers?
In case you haven't noticed Crude is on the way up, way up and we know what this means for precious metal mining expenses... Since one of the main costs of extracting and refining p-metals is energy/oil we can pretty be for certain mining companies all in costs are going to rise and this means that precious metals have no other choice than rise.
If you don't understand why the oil price is so important to precious metals miners than read this great article by SRSRocco:
https://srsroccoreport.com/top-gold-miners-burned-record-amount-of-fuel-to-produce-gold-in-2015/
That sure is a Crazy looking picture... lol...
@pocketechange
yeah I thought so too, wonder how much diesel it takes to fill both trucks..
I have a hard enough time keeping my car filled... lol...
@pocketechange
https://srsroccoreport.com is a great source of information,good tip!
Yes, they are one of the best.
better get an order in quick then! :)
dollar cost average is the best way to go because there will be fluctuation short term-speculate long because the "law of electronic silver consumption" can not be broken
img credz: pixabay.com
Nice, you got a 70.0% @adept upgoat, thanks to @tzcap
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This post is upvoted by Polsza for 47 %.
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This post has received a 0.22 % upvote from @drotto thanks to: @tzcap.
Hi @tzcap! @tbnfl4sun is sending you 0.1 SBD tip and @tipU upvote
:)
@tipU - send tips by writing tip! in the comment, get share of the profit :)nice pic buddy. That mercedes has a pretty hefty load on it!
I think the price of oil is pretty much tied into everything. Oil going up is good for me though. Hopefully, this will help slow the speed of steel imports into the US.
Great call tzcap! And cool pic :)