Low risk of Nationalization of Mexican PM mines

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Low risk of Nationalization of Mexican PM mines

posted on Oct 11, 2012 09:04AM

Very good point from swampgas (the doc forum): the world's wealthiest man, Carlos Slim, has purchased $750,000,000 worth of gold mines in Mexico. With his political connections, nationalization of Mexican PM mines are now a moot point, as I have seen fear mongering here about this many times (probably JPM et al, secret-folks). There will be no such action. Now would be a good time to look into Mexican miners for some good deals before prices increase...

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