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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Malyshek who wrote (3039)12/11/2005 6:34:19 PM
From: Metacomet  Read Replies (2) | Respond to of 78412
 
Interesting trend.

No doubt motivated in part by the universal hate for our current president and the decline in popularity of anything American, including capitalism, as a result.

The repercussions of the Great American Brain Fart will haunt us for decades......



To: Malyshek who wrote (3039)12/11/2005 8:06:59 PM
From: rnsmth  Respond to of 78412
 
Political risk in Latin America

Brasil elected a left-center president and is friendly to mining. I am fairly comfortable with Brasil and Mexico. Sold Gold Reserve over a year ago because I became uncomfortable with their President, even though he has won elections by a landslide and there is no doubt he is democratically elected in elections that reflect the will of the people (per OAS and Carter Center).

Other countries, I know less about and have little exposure to, but I am also comfortable with Canada and Australia :). The US, it varies from state to state, IMO. There are significant country risks in southern africa, IMO, due to the AIDS epidemic. I am not terribly uncomfortable with political risks there, though. Nonetheless, the only exposure I have there now is via a PM fund. That may change.

Ron