gap up, page-32

EL,

If you are suggesting that one should always invest with caution and diversify, I of course agree. If you are further suggesting that their is risk in all investments, I agree.

Been investing for while and I'm very familiar with the potash sector ie. have done very well with the original potash junior run up ie. MAA, WPX, KCL, API etc.

My direct reply to your first comment is: Since, any company can fall 50% in one week (given financial blackboxes that are created by wallstreet or company financial reporting), I would rather invest in my speculative portfolio in companies that have a probability of 2- to 10-baggers ie. STB and AAA. I would think that many on this board are sitting on 200% to 500% gains.

So, I would rather invest in emerging markets or even frontier markets as compared to say the S&P 500. Have a look at 10 year charts of S&P 500 and compare to the broad emerging market ETFs, say EEM, ILF or a country like Brazil, EWZ. I have been invested in these markets for some time.

When I started my investment career, I gravitated towards high tech and biotech. I would have never have guessed that all of these years later that my portfolio would have substantial amounts of silver/gold stocks and I also hold the bullion.

Of this I am certain, USA and European financials are opaque and I never invest in something that I do not understand. I have therefore never invested in USA or European financial companies.

At least in Eritrea/Ethiopia, the risk is on the table and in plain view. Can the same be said about the unregulated financial mortgage/derivatives markets that are in the trillions of dollars?

Sam

p.s.-it takes a certain amount of sound financial regulation to avoid constant "entropy".