Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

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.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: critical_mass who wrote (11828)	5/23/2006 8:10:33 AM
From: E. Charters	Read Replies (1) of 78417

Ecuador changes its government too often to organize an effective policy of nationalization. It is a fact that it takes more than the time to draw up a bill and get third reading than exists between breakfast and high tea. They tried orders in council but implementation only got as far as the palace grounds. Chile is the only SA country that seems to have figured out that the most reliable form of credit to produce minerals comes from private organizations that do not have to follow one government's policy as they are multi national. It works out to be a complex formula, but nationalized industries must be able to finance, and the people you divest in any nationalization generally own the most efficient technology and are the only ones willing to finance and buy metals. The exception today is China, which no doubt drives the nationalization pretensions of Bolivia, Venezuela and Peru. What these countries must do however is sell 100% of their merchandise to and get 100% of their merchandise, infrastructure and energy from each other, or China thereafter. This anti-social socialism further isolates this semi-hemisphere that in recent times has been trying to break into markets. All other major nationalization movements have been driven either by semi mercantile support of major interfering powers such as the soviet or were supported by near monopoly of certain products, i.e. oil. Alienation of markets and money is probably not the best route to prosperity for developing countries. Socialists however appear not to be driven by pure logic so much as a finely developed set of prejudices. EC<:-}

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next