Jim Rogers on Ananti and North Korea’s Tourism Industry [Ep. 13]

Jim Rogers on Ananti and North Korea’s Tourism Industry [Ep. 13]


Well, Ananti has got a … the most interesting thing to me is that Ananti
has a facility in North Korea, which was closed after 2006 because of a tragedy. We presume that it’s going to open up, and it’s going to take money to remodel it when the border disappears. It was sold out in 2006 until the tragedy happened. One presumes it will be sold out again. It will be one of the few resorts in the north. I mean, people will build resorts in the north
as quickly as they can, but this is one that is already there, and has a history of being there. And we presume that North Korean government
will be somewhat friendly to them, because they went in in the dark days, and stayed. Or stayed as long as they could. Well, they … Like most countries that open up, they will have cheap wages, which is good in commence.
It always has been. They have a lot of metals and mines. The mining should develop again. They have coal. They have iron ore. They have graphite. They have a lot of things that can be mined. Transportation. Because once the railroads open again on both sides, that will be an advantage. You know, South Korea’s been an island for at least
50 years, if not more. So, it will open up,
and become part of the continent again. Transportation will certainly happen. And tourism which we mentioned before.

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