NYSEAM:ANV - Post by User
Comment by
goldguy007on Nov 04, 2014 9:08am
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Post# 23091646
RE:earnings
RE:earnings granafirme
While it is true that weak oil suggests a back drop of deflation, such as in 2008, energy costs are a big part of the overhead costs of miners.
So, weak energy price can help miners' bottom lines, if the POG can stabilize and/or move higher.
The ideal situation for gold miners is for the POG to have relative strength to the price of energy.
BTW, I sent you a message to your Stockhouse message inbox regarding trading the energy sector.
goldguy