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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (54425)10/19/2004 2:06:16 AM
From: Snowshoe  Read Replies (3) of 74559
 
Energy inputs for gold mining...

I wonder what happens to gold miners in a really severe energy crunch? During WWII, the government shut down gold mining because it was a "non-essential activity".

It's fascinating to extrapolate the effects of rising oil prices on the global economy. As intercontinental shipping costs increase, the advantage pf producing goods overseas will have to be weighed against the increasing cost of shipping them long distances to market. OTOH, outsourcing of things like call centers will remain quite economical.
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