We’ve written a bit herein about our friend and colleague, Kevin Virgil. Kevin is a West Point graduate, veteran of the US military and a true boots-on-the-ground frontier markets investor. He’s also a damn nice guy! You can get a bit more background by reviewing our posts: Libya – The
Mongolia is growing rapidly, but the media continues to downplay the country’s economic expansion. After spending 5-months on the ground, the opportunities seem even greater now to invest in the world’s most exciting growth story. Yes, we are beating this (Mongolia) to death once again. However, when we believe in
Having lived in several Frontier Markets, I’ve oft observed that when wacky rules are put into place, creating inefficiencies and costing people money, the free market almost always finds a way around it. This goes for everything from selling vegetables roadside without a permit, hocking gasoline out of soda bottles
The Russian Central Bank continues to buy gold. Just yesterday the news came out that Russia had added another 200,000 ounces in June, and that their total reserves have reached 22.8 million ounces. They’ve been on a tear for the last several years, as you will see from the chart
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