Monday, March 28, 2011

So what does the whacky world of markets think about Ollanta Humala leading the polls in Peru this weekend?

Well, the Lima IGBVL is currently down 4.4% 4.7% 5.1%, the Nuevo Sol (PEN) currency has lost over 1% to the dollar and stands at U$1 = S/2.815 right now, BMO has decided to dump FVI at any cost and that's just one stock of many Peru exposed miners feeling the pinch today (check RIO.v, BVN,, SCCO, plenty of others).

I love it when you gringos panic about things you pretend to understand, so I'd just like to say thank you, once again, for giving me your money. Good of you.