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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Brock Miles who wrote (8176)	10/13/1999 12:03:00 PM
From: .Trev	Respond to of 81145

It's easier to run a smoke and mirrors exploration in some far off locale, so knowledge of who's doing what to whom becomes even more critical.There's been precious metal production in South and central America for hundreds of years because that's what the Spanish invaders were looking for. There have also been some notable manipulations. Doing enough research to decide what is reasonable to take part in is the responsibility of the individual. One thing is for sure and that is that there is no such thing as too much investigation.. Best of luck.

To: Brock Miles who wrote (8176)	10/13/1999 12:56:00 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81145

Brock : Part of the attraction of investing in gold shares is you have to take most of it on trust and with the proverbial pinch of salt --- including/especially all the big talkers. It's one big gamble from beginning to end. However, if you lose --- as you most likely will --- you can always blame a conspiracy, the central bankers, someone who defrauded you, Greenspan, paper money, etc etc. And then you can get together with a whole bunch of like-minded soul-brothers and march on Goldman Sachs! You may not make any money but you can spend much time letting off steam and thrashing someone at one of many gold forums.

To: Brock Miles who wrote (8176)	10/14/1999 2:24:00 PM
From: IngotWeTrust	Read Replies (2) \| Respond to of 81145

May I weigh in as well, Brock? When one thinks of precious metals mining and Mexico in particular, their annual contribution to the global supply of silver always comes mentally to the forefront in one's mind. What I believe you are touching upon when you refer to the long reach of financial press scruitiny is the political overtones that always accompany precious metals production in any sovereign nation. You are entirely correct. One has to look no further than the obvious political connection between decades of apartheid politics and the relatively recent climate change in Searle's own beloved Africa. To not take historical apartheidism into account when discussing South Africa's gold production would be like enjoying instant coffee without hot water. Ditto Russia and Platinum Production. Ditto Mexico and Silver Production. Mexico is considered to be a "friendly nation politically" altho' to put them on the same "friendly level" as Canada has always been has been to do Canadians a disservice in my opinion. When one thinks of Mexico in our USA mindset, we tend to have colored thoughts containing a long memory of various corrupt political regimes, horrid nationalization of our investment dollar into their infrastructure and industry and various other nasty recollections. Most of our memories about financial investment in Canada has been less acrimonious over the years. Of course there is the great Vancouver and Alberta stock exchange schemes that come to an investors mind, especially in the precious metals investment/speculation game. I do, however, believe that most of those misunderstandings come from the niavete to wit Trev cautioned you against, regarding the function of VSE and ASE and their venture capital raising agendae. So, while world press and financial press can keep one abreast, to an extent of the political influences upon precious metals investing in Mexico, I believe you would be well served to spend some time either surfing the 'net or at your local library educating yourself to our rather fractious history with investments in Mexico. Mexico has a nasty habit of repudiating debt, financial corruption at the highest levels of government from which Clinton and Rubin could have learned a thing or two, and various participations in oil supply reduction schemes ala OPEC which helped fuel the nasty oil crisis embargo of the 70s in this nation. Don't get me wrong, I don't think imperialist USA has the right to EITHER NEIGHBOR'S NATURAL RESOURCE assets just because we are either bigger or better equipped militarily. BUT...and this is a big but. Mexico's financial shennigans especially in regards to their NOT paying back their OIL DEBT but instead shifting it to another venue where it continues to rollover and just accumulate interest until the American public forgets about it because we have a new Clinton/Rubin scandal to focus on,... ...and Mexico NOT honoring their Brady Bonds indebtedness extended to them out of the stupidity of previous political USA administrations are but TWO recent examples of their "track record. Granted, the peso bailout in exchange for collateralizing their oil production to USA, was a shameless example of our greedy oil grabbing appetite foisted upon their "hard times" as a nation. So you are wise to be cautious when considering Mexico as an investment playground, just as you would be wise to be cautious investing your hard earned bucks into Indonesia or Albania or Peru or any other locale. One other point before I close: Mexico's precious metals production history and current output is inextricably tied to their oil exploration and extraction history. This is the reason why: Back in the 50s, most of this nation's big oil companies WERE ALSO some of the the largest precious metals producers. Check it out. So, remember in your research to associate "financial press coverage" of Mexico and oil stories with your investments in precious metals production as you are trying to quantify risk in your due-diligence. All the best in your investment learning curve and applications thereof! O/49r worldaccessnet.com