TSXV:NORA.H - Post by User
Comment by
flymaron May 29, 2011 2:50pm
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Post# 18641491
RE: RE: RE: RE: RE: RE: Time Frame
RE: RE: RE: RE: RE: RE: Time FrameThe only interview I remember was maybe a year ago.
More re Peru taken from Turd Ferguson's blog
Along the Watchtower by a poster humahuaca
?May-?29-?11, ??12:56:36 PM | noreply@blogger.com (humahuaca)
Re Peru and silver miners
I'm in Lima right now. The polls from 1 week ago show Keiko (daughter of ex strongman fujimori) leading Humala by 1% or less. Humala is a Chavez clone and buddy, which might be the only reason he loses the election, which is June 5th, next sunday.
If Humala wins, he won't nationalize the mines right away, he's pretending to be a Lula to get elected, but give him 2 years and he'll start nationalizing everything, one piece at a time.
EPU is swinging violently with each new poll result, and I can always tell when a new poll will be out showing a gain by one or the other, as EPU moves well ahead of it.
Obviously 'smart' money is either doing their own polls or more likely paying for early results.
I think Keiko will win as the lesser of 2 evils, but just a guess. There are lots of poor people in this country that are going to vote for Humala.
If humala wins there will be an immediate drop in mining stocks, but I bet there will be a rebound once he announces he won't touch them.
That will be the time to get the hell out of dodge.
This blog has up to the minute info. on commodities. Most of the posters are into day or short term trading but Turd's daily commentary is excellent.
regards flymar