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Message: need confirmation about the tax

Mexico is one of the world’s most important silver sources and they just imposed an income tax on mining operations. This is very discouraging to miners who are struggling with price suppression, water resources, fuel and financial issues like dramatically declining cash positions. Credit imposition is punishing. Mexico and South American resource countries are rapidly gravitating toward Chinese interests as part of the BRICS recognition and nationalization themes. For every ounce of gold removed from the ground eleven ounces of silver are mined. That is a gigantic disparity as the gold/silver price ratio is historically above 50/1. The importance of silver for photovoltaic usage is extremely important giving rise to exchange suppression away from the Fed. As the exchanges deplete their silver inventories at approximately the same rate as gold the shortages are mounting. India and China are now in a race to capture as much of the world’s silver supply as possible. That is why the Voice has confirmed sovereign plans for $400 silver.

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