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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (23726)	8/17/2011 3:17:12 PM
From: Oblivious	Read Replies (1) \| Respond to of 219058

Production will go down. Good for us.

To: GROUND ZERO™ who wrote (23726)	8/17/2011 4:27:34 PM
From: The Reaper	1 Recommendation Read Replies (1) \| Respond to of 219058

Instead of the miners only having to sell 50% of their production to the Venezuelan Bank they'll have to sell 100% probably at a pretty unfavorable price until Hugo drives them out like he always does. Then the government will take over the operation of the mines and production will crater. What's more interesting in the short term is that Hugo wants to repatriate Venezuela's gold from deposits in banks around the world starting with JPM. If that gold has been lent out unbeknownst to Venezuela and JPM has to start replacing it..........