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Check this article of the LA Times . They claim that Africa will be plundered by foreign investors who want to buy land, invest in irrigation and transfer technology. I consider at least risky, or even plain stupid, to invest in a country where exports can be blocked at anytime and the cries for nationalization...
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"There's no doubt that Obama's higher tax rates would mean weaker incentives to work, take risks and innovate; and stronger incentives to waste time and effort on avoiding the tax man. But those bad effects must be weighed against a good one: Higher tax rates mean a lower budget deficit...
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Two questions: 1. Could anyone help me out by giving a better explanation of how "obscene" profits by oil companies actually help consumers at the pump and don't hurt them? I understand how higher profits equal more savings, which equal more investment, which equal more capital, which equal...
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Well, I've been thinking about investing in Euro Pacific Capital, but I'm also thinking about investing on my own in a precious metal mining company. Schiff regularly gives suggestions on Fox Business (you can find a few episodes w/ him on youtube), so I might follow one of those suggestions...