SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Gold and Silver Stocks and Related Commentary
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anchan who wrote (18195)10/29/2005 12:03:04 AM
From: E. Charters   of 18308
 
Some of what the article says, in pretending to be neutral, is true, but most of it is socialistic horseshit hiding the actions of a mobocracy in their own corrupt shakedown of government and business. This is typically mainstream media pretending to be authoritative. In fact they are woefully ignorant of the business. Even the most basic aspects of mining technology are beyond their grasp. They are fooled and worse, they fool the ignorant average reader. A shame that should make us all more cautious about big media. Addressed to the 12 year old mind, it cannot even get its facts straight for that level. A sad demonstration of the emptiness of the pap we call news, which is actually only propaganda for sheep.

In our G7 countries the version of the shakedown is the rise of socialist political parties and for better or worse, the greening consciences of confiscatory industrially luddite administrations and an ever more demanding left-wing civil service. There is no particular reason that the mine has to spread the wealth any more than any other mine spread wealth in any other country since Solomon. As far as environmental concerns go, that is the first thing that the peasant army brings up, often out of ignorance, or because they know other people will believe it. I cannot say. It would surprise me if there was any great devastation. And equally it would not surprise me if they could not do better.

Newmont did what it had to do to get a piece of Yanacocha. There are more interesting stories concerning what happened to companies that had anomalies in the surrounding area. They fell victim to domestic stock market corruption. We know some of the principles in this.

The socialist horde is on the move in Latin America. I don't know about the future of foreigners doing business in these sort of environments.

EC<:-}
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News