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<p>[QUOTE="gxseries, post: 379766, member: 4373"]Guys are you out of your mind? Mining prices are going up and that's why you get such high price being passed on from operational costs. But this is one question I want to ask you: what if your gas price hits more than 5 dollars / galleon, will you reduce your spending? Not yet? How about 10? How about 20? 50? I believe some countries are already starting to pay 10 dollars / galleon. Will you in the stance of talking about investing? Or are you guys a bunch of millionaires with too much money to spare? Should open a mine up for maximum profit. </p><p><br /></p><p>The effects are already cropping up: food prices are jacking up and there are people who are facing harsh realities. Sales of non-essential goods will drop which in turn reduces the demand for raw materials and this DO include metals. Price increase for metals may make investors happy but keep in mind that industrial usage for any metals are far more than investors can stockpile.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 379766, member: 4373"]Guys are you out of your mind? Mining prices are going up and that's why you get such high price being passed on from operational costs. But this is one question I want to ask you: what if your gas price hits more than 5 dollars / galleon, will you reduce your spending? Not yet? How about 10? How about 20? 50? I believe some countries are already starting to pay 10 dollars / galleon. Will you in the stance of talking about investing? Or are you guys a bunch of millionaires with too much money to spare? Should open a mine up for maximum profit. The effects are already cropping up: food prices are jacking up and there are people who are facing harsh realities. Sales of non-essential goods will drop which in turn reduces the demand for raw materials and this DO include metals. Price increase for metals may make investors happy but keep in mind that industrial usage for any metals are far more than investors can stockpile.[/QUOTE]
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