It’s not just about fuel costs though. When markets crash,...

It’s not just about fuel costs though. When markets crash, unemployment rises, businesses struggle and there is more competition and therefore more businesses looking for work. With that comes better deals for all the NST business as a whole as contracting businesses lower their asking prices just to keep their heads above water. Also, Cheaper labour costs due to a rising unemployment rate. A geologist or diesel fitter won’t be able to ask for 150-200k when the good times end. They will get the lower market rate or they will be easily replaced. It’s happened all before. Even more so this time around with record migration from the labor party.

Hopefully it’s not as bad as many of us in here are expecting, but if sh*t really does hit the fan and there’s a massive global crash, Imo gold miners are the best businesses to capitalise. Not only will the gold prices go nuts to offset any rising fuel prices, but other business costs should reduce as well.