South Africa, the worlds LARGEST producer of Platinum and a MAJOR producer of Gold, Uranium, and many other metlas commodities, is in for some major changes which will bring 'problems"...
Jacob Zuma, the former finance minister defeated Tabo Mbeki the current president of SOuth Africa, as head of the ANC...South Africa has been a one party state that being the ANC...
"they" have already tried to stop Mr. Zuma by charginf him with rape etc...He was acquuited..."they" will try again charging him with bribery/corruption etc, in desperate efforts to stop him from becoming Presiddent of South Afria...:they" are trying to stop him, since he stands for a "socialist" majority now in the ANC...these socialist want economic equality, which means, higher wages, more unions, better health care and welfare...bottom line is South Africa will increase it's taxes etc on all foreign investments in particular Metals and Mining..
so it seems that the "cheap" metals coming from South Africa will be coming to and end soon...including prices for Platinum, Gold, Uranium etc..i noticed this morning first Uranium cancelled a new project because of "costs"...
in my view METALS have only one way to go now...and that is UP...regardless of what their weapons of mass deception try to say...
JD*
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