Home Colombian News Money, Finance, Economics Ron Holland on Gold and the New Awakening of Colombia
Ron Holland on Gold and the New Awakening of Colombia PDF Print E-mail
Colombian News - Money, Finance, Economics
Tuesday, 06 September 2011 04:02

Today the sovereign debt and dollar crisis, plus rising energy and gold prices, are combining with Colombia's growing reputation for tourism, real estate investing and retirement to create an investment potential long delayed by past decades of civil unrest. Many experts agree the former economic stagnation of Colombia is now considered a great benefit to foreign investors and the nation due to monetary events currently taking place on the world financial stage.

Although Colombia is one of the most resource-rich countries in South America, the earlier civil unrest forced the nation to miss out on the resource exploration and investment boom that swept the world during the last 30 years. This means Colombia may be the most under-explored and underdeveloped nation with untapped resources not just in South America but in the oil, coal and mineral resource hungry world today. Some experts suggest that only 20% of the in-ground mineral wealth has been explored, which translates into an unknown but tremendous opportunity for junior gold mining exploration ventures as well as other resource development, tourism and infrastructure projects in Colombia.

The delay in exploration is an even greater advantage to the nation and new investors because the current high prices of gold and oil along with stricter environmental concerns mean far higher revenues and better care of the environment than 20 years ago. Due to past history and political problems, Colombia today is an untapped and unexplored strategic petroleum reserve and Fort Knox combination that could really benefit investors and Colombia.

Full article:

http://www.thedailybell.com/2781/Ron-Holland-Gold-and-the-New-Awakening-of-Colombia