, GOLD SILVER LIBERTY: Why This Commodity Is Recession Proof

Sunday, July 29, 2018

Why This Commodity Is Recession Proof

Energy consumption, particularly natural gas, is more of a consumer staple than discretionary item, and is thus less likely to be affected by an economic downturn, said Richard Cottee, CEO of Central Petroleum. 

“The one thing that’s interesting about recessions, is that it doesn’t actually change your energy consumption,” Cottee told Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference.

- Source, Kitco News