Monday, September 19, 2011

Venezuela Siezes Gold Mining Companies

Venzuela is nationalizing its gold industry. This is one of the big risks with owning natural resource companies in general and precious metals miners in particular.

Political risk looms large in this sector.

On the other hand, the physical commodity itself does not carry political risk--at least of the kind that amounts to expropriation of producer property.

position in gold 

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