Monday, September 3, 2012

Workers Shot At Another South African Gold Mine As Miner Strike Spreads

I blogged yesterday about the probability of strikes among miners to proliferate going forward here.  As I outlined, the bullish case for the price of gold is many-fold.  But this article suggests another reason:  a hedge against nationalization of the mining sector, which will inevitably destroy the infrastructure and productive capacity.

http://www.zerohedge.com/news/workers-shot-another-south-african-gold-mine-miner-strike-spreads

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