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

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To: Julian Augustus who wrote (51121)10/24/2007 3:36:18 AM
From: Proud Deplorable  Read Replies (4) of 78419
 
I see no undue country risk in Latin America as far as mining is concerned, maybe with oil but we aren't too concerned with this as there is almost no correlation. I don't understand that statement. Can you prove this statement with some facts? Did you know that Newmont just formed an alliance with a gold miner in Ecuador this week? Did you know that the CEO of YRI is an idiot?

I own both OSK and now I bought back into ADM again.

Can you prove that it is safer to invest in Canada with its greedy tax grabbing government?

How about the USA. Is there any political risk there? How about the sinking dollar? Is that risk? The USD is going to zero so those investing in that country ought to be wise and get everything they can out of the country.

Read The Privateer from Noosa Heads in Queensland? hes rarely ever wrong. Claude.....there is no chance of a USD rally now. Its game over.
321gold.com

"The US has to borrow $US 2.1 Billion a day to finance its huge trade gap. But the money outflows from the US have begun. The US cannot even gain the funds internationally to cover for its own monthly trade deficits. Something has to give. The main item which is "giving" and will "give" more is the international value of the US Dollar."
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