Posted by Francis Koh on 30 Jan 2014

2014: The Year The U.S. Shale Gas Bubble Bursts & The Boom For Precious Metals?

The forecast by the Shale Energy Industry that the U.S. will be able to grow its natural gas production for a decade at a price below $4.50 MMBtu, seems to be losing credibility as the price of natural gas has already shot above the $5 level.

Here we can see that in the first few weeks of 2014, the price of natural gas reached $5.20 MMBtu (million British thermal units – standard market trading unit).illion British thermal units – standard market trading unit).

NatGas Chart Jan 2014  Comex Gold Inventories 012814

The Coming Boom In Precious Metals

Read More: srsroccoreport.com/2014-the-year-the-u-s-shale-gas-bubble-bursts-the-boom-for-precious-metals/2014-the-year-the-u-s-shale-gas-bubble-bursts-the-boom-for-precious-metals/