The Best One can do Now !

  The best one can do now is hold onto sections of stocks one knows are going to be needed in future to supply the needs of the world popula...

About Me

Retired but always looking for new challenges.
Showing posts with label France. Show all posts
Showing posts with label France. Show all posts

Sunday, October 1, 2017

MINING SURVEY FRIENDLY COUNTRIES

  A Mining survey shows that the most mining friendly countries and areas are ARIZONA,NEVADA,FINLAND,MEXICO,IRELAND,WESTERN AUSTRALIA AND QUEENSLAND.  

On the whole African independent states including South Africa have fallen out of favor. These regions formerly were very favorable to miners. The governments since independence when they took over from in their eyes from the much maligned colonialists who handed them good working economies on a platter have been very corrupt ,lazy and are it would seem only interested in lining the pockets of politicians and top government officials.
Looting has become commonplace and increased taxes have made establishing new mines a risky enterprise. Added to this now further talk of "windfall taxes" and socialist polices of nationalisation have driven overseas capital away completely.
These indigenous officials don't seem to realise that it takes millions of US Dollars to establish a working mine and this process can take up to ten years and not all mines can be profitable as metal and mineral prices rise and fall all the time.

Older mines are closing down plus heavy taxes and royalties shedding  thousands of jobs with no replacements on the horision 
is causing great misery.

Whipping the local indigenous Africans populations with talk of "white mining exploitation !"  is not helping matters either. Also The new mining charter in South Africa will bring new misery. South African mines have some of the best legislation ,which compares well with the world in protecting laborers rights.
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Sunday, May 20, 2012

Dramatic Happenings GLOBALLY

JUNE 2012
TIME TO STAND BACK ,TAKE A DEEP BREATH AND DO A SOBER REVEIW OF WORLD ECONOMIC CONDITIONS.

WE ARE BEEN TOLD THAT IF GREECE DEFAULTS IT WOULD CAUSE AN ECONOMIC TIDAL WAVE ,GREATER THAN ANY NATURAL TIDAL WAVE THAT HAS HAPPENED IN THE PAST.
YES FOR SURE THERE WILL BE REPECUSSIONS,BUT LET US NOT FORGET THIS PROBLEM HAS BEEN CAUSED BY POITICIANS INTERFERING IN ECONOMIC AFFAIRS YET AGAIN.
IN THE FIRST PLACE GREECE SHOULD NOT HAVE BEEN ALLOWED TO JOIN THE EURO MONETARY UNION AS THEY NEVER QULIFIED COMPLETELY
NOW THE AUSTERITY MEASURES IMPOSED UPON THEM ARE SO SEVERE THAT THERE IS LITTLE CHANCE THAT THEY CAN EVER RECOVER OR EXPAND WHILE IN THE EURO MONETARY UNION AGAIN. NOW THE QUESTION MUST BE ASKED IF THEY DEFAULT WILL THE INITIAL SHOCK DESTABLISE WORLD MARKETS COMPLETELY?. SURELY NOT AS THEY HAVE HAD TWO "HAIRCUTS" i.e. MINI DEFAULTS ALREADY. MARKETS ARE ALREADY DICOUNTING THIS ALMOST INEVITABLE OUTCOME BY RETRACTING WORLD-WIDE.WHEN GREECE RETURNS TO THEIR OWN ECONOMIC SYSTEM THEY WILL IMMEDIATELY DEVALUE THEIR OWN CURRENCY.WHILE THIS IN THE LONG RUN IS NOT DESIRABLE IT WILL RELEIVE THE PRESSURE UPON ITS FISCUS AND GIVE IT A PERIOD OF CALM TO STILL MAKE MARKET CHANGES AND INSTALL CONFIDENCE IN ITS CITIZENS.

THE UNITED STATES OF AMERICA WHICH CAN NEVER REPAY ITS DEBT HAS BOASTED THAT IT CAN NEVER FALL INTO THE MESS THAT THE EURO NATIONS ARE IN AS IT CAN PRINT AS MUCH MONEY AS IS NEEDED TO AVOID SUCH A SITUATION!WORLD-WIDE THE PRACTICE OF PRINTING MONEY WITHOUT PROPER BACKING LEADS TO DE-FACTO DEVALUATION OF A CURRENCY. 
Now the major countries of the world are trying to keep the Euro Monetary Area intact.If they succeed it will delay the recovery  of the EURO  ZONE for a long time.France is already suffering under the weight of the monies lent to the PIGS countries.
                     ALSO
WORTH A VISIT;
For PROPERTY UP DATES see the page
My REAL ESTATE PART A
ON:
http://2010plusstocktrends.blogspot.com/

             ALSO
PAWSITIVELY ADORABLE PETS

http://paws2012.blogspot.com/