Jun 23, 2015
According to independent analyst Steve Rocco gold and silver mining is all about the return on energy invested. And he's got the charts to back it up. That's why in the long run the US and the world economies are headed for low growth and the precious metals can't help but go up. Ore grades and the difficulties involved with extraction as well as energy prices are headed up and so is demand, which means higher prices. Most producers are currently selling at a loss, so what other outcome can there be?