December 3, 2013

South America’s Black Market Trades Gas for Cocaine

Venezuela has the world’s cheapest gasoline and criminal gangs are shipping gas every day to Colombia, where gas is much higher, in exchange for cocaine.

1 minute read

South America’s Black Market Trades Gas for Cocaine

Venezuela has the world’s cheapest gasoline, at only $0.06/gallon. As a result, criminal gangs are shipping up to 100 tankers of gas every day to Colombia, where has costs $4/gallon. How is this gas being paid for? You guess it, cocaine.

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Politics and economic blunders have taken full control of our investments.

Predicting the short term fluctuations of the stock market during an election year, while multiple wars are being fought, is like flipping a coin.

But we’ve gone into the future and have come back with this message: more money will be printed, borrowed, taxed, or inflated. And the price of commodities and metals will climb.

When you have multiple wars going on and leaders spending their way into leadership, it’s inevitable.

This is why mining stocks might finally make a comeback.

When this happens, you better know what to look for.

This week’s topic will be “cut-off” grade – a term you have heard many times before, but is often overlooked or misrepresented.

Yet, it is an extremely important factor in valuing mining stocks.

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Are The Markets Rigged?

Subscribe to Our Newsletter

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