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Podcast: Gold Silver Pros
Episode: The War on Big Oil and How it Will Launch Precious Metals
Description: Energy prices are a big input cost to the mining process. This may matter to you for two main reasons. First, mining is how we get our gold and silver, and higher mining costs will mean higher gold and silver prices. Second, most materials we use in industry are either farmed or mined, so rising energy costs will therefore affect the prices of all the goods we buy every day.
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