The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (229463)	11/20/2009 3:05:41 PM
From: benwood	Read Replies (4) of 306849

After reading this article, I'm inclined to believe that NGD may not ever open the Mexican mine which closed a couple days ago: finance.yahoo.com I remember somebody -- gregor or gregor.us? -- saying a year ago that they thought that the world would eventually turn against gold miners since the environment is frequently destroyed for something that isn't actually used. That is, a point would be reached in cultures where the environment would be valued higher than the taxes and fees levied on the miners (esp. the open pitters and the leachers). This seems like one of those situations. Thing is, a depression changes things. Hunger is a motivator to rape and pillage the environment. All in all, it gives me pause about NGD... I still have a position at the moment.

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