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Afternoon,"In 2012 Australia was the second largest producer of...

  1. 86,604 Posts.
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    Afternoon,

    "In 2012 Australia was the second largest producer of gold after china, what do you think gold confiscation would do to gold mining and foreign investment in Australia?"


    Don't know, depends on the economic cycle and if is considered a sov. Risk for investment.

    Private confiscation and mining are very different. I would think attitudes to things like nationalisation of industry would be more important.


    Pinto.
 
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