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Can Gold Withstand the Liquidity Drain? | Sean Fielder
Forward Guidance
The Importance of Local Community Issues in Asset Negotiation
An asset has a lower likelihood of getting expropriated if it's majority owned by people in that country. The local community issues tend to be the ones that are the most unworkable or insoluble, he says. And then every government understands that they can't actually operate a mine and so there you're just really negotiating where you are in the 40-50% government take.
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