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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Jacob Snyder who wrote (870)	12/13/2001 1:33:38 PM
From: pater tenebrarum	Read Replies (1) of 39344

Jacob, it is true that AIDS has become an epidemic of catastrophic proportions in Africa. and i also agree that the governments of the region, including South Africa's, have proven extraordinarily inept in formulating and implementing an effective response. but that is not an immutable condition. in SA for instance, the corporate sector has begun to channel a lot of effort and money into combating the disease. i expect the government to follow suit, out of necessity. it would be extremely important that the cost of AIDS medication come down, and generics producers are allowed to make it. a recent study in Germany by the local 'medecins sans frontiers' chapter has shown that generic AIDS medication costs about 1/10th of the originals. while the drug industry understandably wants to protect its profit margins, millions of deaths in Africa are on the other side of that equation. very few people there can expect to receive medication costing $20,000 per year. if the African AIDS epidemic isn't fought with all available means, recolonization of the continent could become a possibility within 20 to 30 years.

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