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Andy Shaw's avatar

Hi Julie, good to hear, and good question. Yes, there is a risk. And yes it will likely happen in some places. What's more is, if the whole economy heads south in a hurry, then this risk increases. What usually happens however, is the countries speak to the mine operators and renegotiate their cut. That is happening right now in at least one country, and probably several more. But it is a progression thing, so we will see signs before this sort of thing happens in my opinion.

If and when those signs start to show up then it will be time to get out of the highest risk stocks. But choosing to not enter because of the risk is effectively give up on thousands of percent gain to protect a 100% loss of a much smaller size pot. What I do is when I make 120% on a stock I take my original stake off the table.

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Julie Stevens's avatar

Hello Andy. I have been having success already with your suggestions you gave in your free guide. Thanks so much for this. Its very generous of you. After listening to some Youtube commentary about the mining stocks, there was one particular comment about possible nationalisation of gold mines in some countries. Do you think this might scupper any plans to benefit from this Capital Rotation Event? I am interested in your thoughts on this.

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