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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (26046)12/29/2003 5:07:46 PM
From: E. Charters  Read Replies (1) | Respond to of 39344
 
Yes, while this announcement about impending troubles in SA has the flavour of a Nigerian letter, and probably we hope about the same level of veracity, it does eerily mirror similar sort of inter-tribal troubles in Nigeria, Uganda, Liberia, Congo. Somalia, Rwanda, Ivory Coast, et al. That certain groups would band together in a riot to take it out on whites is not totally unthinkable, especially when you consider SA has a record of 20,000 murders per year, making it the most murderous country in the world by a wide margin.

One could extrapolate that these sort of troubles could be just an extension of that trend. And for such groups to trigger on a national event such as M's death, again is par for the course. We have seen similar events in the States with less radical manifestation. Ultimately though cooler heads would have to see they could not get away with it doww there. Armed intervention on a massive scale would have to follow, we would think.

SA is a country of unrest sans doot. Investments in that area for that reason should be muted I would aver.

Should areas of Canada and the States become just as unbalanced in the future, could similar events/rumours happen here? Sadly from the record worldwide so far, the answers is probably yes. Groups who feel slighted or removed from power could plot violence. How far this would go is anybody's guess. Most in the 1950's would not have foreseen the rise of the FLQ with its postal bombs -- nor the Parti Quebecois. It is the same thing, only a matter of degree. In the end it gets the same divisive and polarizing job done.

EC<:-}



To: TrueScouse who wrote (26046)12/30/2003 7:41:29 AM
From: TheBusDriver  Read Replies (1) | Respond to of 39344
 
<<and the increasing difficulty of finding new economic gold deposits>>

Yes! I see several takeovers of jrs in the coming year! It is far easier to takeover a small explorer with a couple of million oz than find your own gold.

Same thing happen in the oilpatch in the 90's....

Gobble, gobble

Wayne