Webinar replay – Chris Temple and Cory Fleck – Investing in Ecuador and the US election
Here is the recording of the webinar with Chris and I from last Tuesday.
Great webinar but was that Cory under the sheets? Slight resemblance.
His honeymoon picture?
With a decent new car costing around $30,000 and the typical AmeroConned not even having $1000 in a bank and up to their gills in debt how can car sales do anything but sink?
Thank you Mr Chris Temple and Mr Cory Fleck,i liked this webinar,very interesting.
Awesome guys – glad you posted the recording. Much appreciated!
Thank you very much for sharing the webinar, as I missed it due to time difference 😎
Ecuador shure sounds interesting. Still waiting for my Lundin Gold to break out significantly, though.
Hopefully you can make some more webinars? It could be great to get a visual tutorial with Doc and his technicals.
Best Regards. Anders
If this economy doesn’t collapse at best this economy is going to stagnate for the next generation. We will probably see rolling, deep recessions. In any event, it looks like another lost generation. Thanks, fed. Thanks criminal politicians.
And speaking of Ecuador it looks like the New World Odor is coming for Assange…
WikiLeaks Tweets “Heavily Armed Police” Gathering Outside The Ecuadorian Embassy In London
Regarding the election: do not forget, that Regan was down 7 pct. points, when he first went to the White House…
If Clinton wins, I will definitely buy clean energy.
😎
Trump has gained in the polls despite the biased press. Clinton should be miles ahead but it is now a dead heat. I think her campaign is in big trouble.
http://www.realclearpolitics.com/epolls/latest_polls/president/
Zero growth or negative GDP is good for the environment. The planet cannot handle any more pollution.
Only propaganda supports those assertions.
I find Big Al likes to talk politics but whenever he interviews Glen Downs, Downs who is a Republican never mentions how stupid Hillary Clinton is but he is quick to talk about how Donald Trump was caught on tape denigrating women. What about Bill Clinton. Glen don’t you care about your own party, or is it you just care about a paycheck. I have never heard Al say anything positive about Trump other than taking the negative and Big Al saying he will vote for Trump because the other candidate he can’t vote for. DT
Big Al is a waffler. DT
He always seemed like a bacon and eggs guy to me…OK…with a site order of oatmeal. 🙂
The New York Times is a pansy-ass newspaper. After they get us all nuked, you can tell them I told them so.
Once again we hear the siren song of Ecuador. Geology doesn’t stop at national borders. Millions of acres of prospective land with the same geology as Peru. But despite Ecuador’s natural resources, it is a rich country that insists on being poor. Most sensible countries in South America, such as Chile, understand that the mining industry needs a reasonable system of taxation and royalties. This normally works out to half going to the company, half going to the state, and everyone is happy. But when the government gets too greedy with confiscatory taxes, everything shuts down, and Ecuador has a long history of killing the golden goose.
Kinross can successfully operate mines in Russia, but after five years they still couldn’t work out a deal in Ecuador, and walked away from 14 million high-grade ounces of gold at Fruta Del Norte. I can’t imagine a bigger red flag. But they don’t need to impose a moratorium, or nationalize or expropriate assets to ruin your investment. All it takes is for one government official to open his mouth in front of a microphone.
If the price of gold soars as most of us expect it will, I would bet dollars to donuts that some Minister of Mines would propose a windfall profits tax to make those greedy Norteamericanos who are raping the mineral wealth of Ecuador pay their fair share. Within fifteen minutes your stock price could be cut in half.
There are already enough things that can go wrong with a mining operation, so why add political risk? In my opinion we are in the early days of a bull market in precious metals, and even though mining shares are up strongly from depressed levels there is still a long way to run. So the last thing you want is to be right about the metals, right about the shares, and still not participate because you picked a sketchy political jurisdiction.
If you put money into a project in Ecuador, you aren’t investing and you aren’t even speculating. You’re just gambling. If you can handle that, fine. But there are so many companies that are operating in safe jurisdictions that are selling at give-away prices that I would not bother with Ecuador.
thanks for this post, as I missed it earlier.