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THE WEEKEND VIGILANTE MAY 25, 2013

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dollarvigilante.com / By Jeff Berwick / May 25, 2013

Hello from sunny and almost uncomfortably hot, Acapulco Bay,

I say “almost” because after sleeping on the cold floor for two nights with barely any sheets and pillows in Santiago last week I am more than happy to sweat a bit this week during the two hottest months in Acapulco – April and May!  I’ve just arrived back from nearly two weeks in Santiago and unfortunately I’m only here for less than 48 hours and then I am flying up this weekend to rainy and cold, Vancouver, Canada for the World Resource Investment Conference to present my keynote speech, “Bitcoin, Bullion and Bullets – Your Toolkit to Survive The End Of The Monetary System As We Know It”.

My two weeks in Santiago and at Galt’s Gulch Chile were definitely fruitful though and I’ll likely have some incredibly exciting news on the development this weekend exclusively for TDV subscribers.

I had an enjoyable and informative week in Chile and here are some of my thoughts.

GLOBAL CHANGES… IN SHOPPING MALLS

Whenever in Santiago I spend a lot of time in and around the mall/business area called Costenera Center.  The Costenera tower is almost complete now and is the largest building in South America emblematic of Chile’s growth.  Here is a beautiful video produced during its construction that shows off the beauty of the city and, like I have stated before, how it is beginning to feel like Hong Kong in terms of its growth.

Costanera Center mall is one of the nicest and most luxurious I have been to in the world.  The only one I can think of off the top of my head that is more opulent is Siam Paragon in Bangkok.

And this is coming from someone who grew up in a place called Edmonton, Canada where we were constantly told in the 1980s that we should be so proud we had the largest mall in the world, West Edmonton Mall (WEM – now it is the twelth largest).  It was very popular with Edmontonians, but that was mainly because it was the only warm, social place to go for the eight months of the year when it was regularly -40C/F.  In fact, it really wasn’t much of anything.  It had three Gaps, three Banana Republics, six Cinnabons.  And over the years it actually became its own mini city/slum even with various gangs who dominated certain parts of the mall!

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