CA - Agnico Eagle: Operations In 'Safe' Jurisdictions Make It A Top Pick
2024-06-25 12:10:30 ET
Summary
- Recent events in the mining sector in the Global South are causing concern for many investors.
- Agnico Eagle Mines Limited is a strong investment option in the precious metals mining sector.
- Rising debt burdens in Western nations may lead to tax hikes impacting mining company profitability.
Preamble
Most of us are familiar with a well-known quip widely attributed to Ernest Hemingway. Seemingly, when asked about how he managed to become broke, his response was; "Slowly at first, and then all at once." We all experienced this concept during the financial crisis in 2008. At first, a couple of institutions got into a bit of bother, which few people paid attention to, and then, all at once, the stock market tanked....
Agnico Eagle: Operations In 'Safe' Jurisdictions Make It A Top Pick