Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
Message: Re: Currency wars?

Feb 08, 2013 03:38PM

Didn't Venezuala recently repatriate a couple tonnes of its gold held off shore (Germany I think?).

This kind of thing is criminal in my mind. Unfortunately, there is no shortage of Latin American countries taking this tack. Nicaragua did it not terribly long ago. It was so controversial that the head of the national bank refused to sign off on the new currency issued and, to this day, their new bank notes show his name without a signature.

It really hits the poor folks who dont' have any avenue to mitigate the sudden loss of their purchasing power of any savings or wage. Meanwhile the elite rich have prepared safe havens for these events and wind up being richer relatively speaking and attain more real power within their own economies.

1
Feb 09, 2013 05:34PM
2
Feb 22, 2013 11:38AM
2
Feb 22, 2013 11:59AM
2
Feb 22, 2013 02:36PM

Feb 24, 2013 05:29PM
Share
New Message
Please login to post a reply