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


To: Proud Deplorable who wrote (10095)5/1/2006 2:10:24 AM
From: Broken_Clock  Read Replies (2) | Respond to of 78419
 
ralph
I disagree with you. -g-

depleted uranium IS a viable discussion issue. Many will not invest in MO because ...well, we all know what death sticks do by now. I just watched 60 minutes tonight. They had an update on Hanford, WA
cbsnews.com

Over 1,000,000 gals confirmed leached into the water table and will eventually enter the Colombia River. And that's about the most positive news they could report in that piece. yet all over SI you hear folks calling for more nuclear plants.

Many are now yearning for the good old days of Bill Clinton who is single handedly responsible for Bosnia. He gave the go ahead just like Bush is doing in Iraq. They are still using depleted uranium. Give me a Big Mac and an SUV and F the world seems to have replaced "One nation, under God..."



To: Proud Deplorable who wrote (10095)5/1/2006 10:29:56 AM
From: SI Dave  Read Replies (2) | Respond to of 78419
 
Ralph,

As you are quite aware, there are plenty of investment boards that routinely get into discussion of geopolitical issues and their impact on their investments. The users of those boards know to not let become partisan in nature since that provokes off-topic noise that drowns out the underlying topic of the board. The partisan aspects are highly divisive and lead to exchanges that are inappropriate for an investment forum.

SI provides plenty of places for partisan political exchanges. This isn't one of them.



To: Proud Deplorable who wrote (10095)5/1/2006 10:43:20 PM
From: koan  Read Replies (2) | Respond to of 78419
 
I just posted my respose to Dave. Just got into a hotel after traveling all night. You are dead on when you say mining stocks and politics are inseperable.

Even right down to the city level. Juneau Alaska stopped Echo Bay opening the A. J mine (by itself!) and it cost Echo Bay 100 million dollars (and pretty much bankrupt the company). Over 100 million tons of .05 bulk gold ore is just sitting there right now. Cities, states, provinces, countries, economic policies are paramount to making corrrect mining investment decisions.

In fact most of us know the PRIMARY consideration these days after "is the ore there" is can the politics be overcome to put the mine into production.

Politics is everything in the mining world today. Look at CZN. One of the greatest deposits in the world, but what are the odds they will get the permits.

RDV took 11 years to get permits. The politics in Alaska and BC have changed dramatically from con mining to super pro mining in just the last few years. It has made a huge difference in mining stock values up there.

And politics are about personalities, pure and simple.

Bernanke deciding to put a hold on raising feds funds rates has caused the dollar to tank and gold and silver to rise so much the last three days.

Bernanke's decision was the PRIMARY reason gold and silver have been rising for the last three days!!

Omit political understanding and your portfolio will be worth a lot less. In my opinion.

Cheers