As 3 billion Asians become new capitalists, many of the Earth's last remaining resources will rapidly vanish. Get ready for an era of oil shocks, corn crunches and spiraling inflation...
Most stocks will be scorned and shredded. But commodities of every type from sugar to silver...from corn to copper...will be coveted and hoarded like Pharaoh's gold...Americans knew they wouldn't last forever. They couldn't. What they didn't know, is how quickly they might vanish. In the early 70s, America was drenched in what seemed an endless supply of vital commodities. As reported oil was $1.65 a barrel. Silver was $1.39 per ounce. Copper was just $48 per ton. But back then there was only a mere 1.1 billion players on the industrial stage. Their energy needs were a mere friction of what they are today. Industry was generating just a few trillion dollars for its 1.1 billion customers. Today, is a very different picture...one, few foresaw back then.
In little more than a generation, a population explosion, the collapse of communism and the rise of the Internet and the birth of digitalized service providers would change everything. No one imagined that these events would bring unfettered success to the Great American Experiment, that they would help the vast developing world leapfrog into the modern age, that capitalism would spread and dominate so far, so wide and so quickly...but that it would also bring great pains to the global economy...and to Wall Street.
According to a recent report now we have 6 billion players all vying for the same relatively fixed supply of commodities. While we've begun to develop alternatives to these dirty industrial addictions, we should've started decades ago. But we never did. Why bother, when the Earth was awash with resources? And now global industry is abotu to plunge headlong into its last great natural resource binge. According to a research int eh next 15 years, we will gobble up more of the Earth's lastr remaining natural resources, than we did in any period in the past.
This great natural resource binge will turn Wall Street on its head. Rising commodity prices will start to bear down on every aspect of our lives...from the costs of our tomatoies to the price we pay to heat and cool our homes...Plummeting indices. Soaring inflation. And plenty of bear markets. (As reported last century we had three commodity bull markets -- from 1906-23, 1933-53 and 1968-82). Each one was bigger than the other, and wrecked more havoc. This final one promises to outdo them all. By the end of it, many things will be different.
Most paper assets will be shredded. Millions of Americans retirees will find themselves on the breadline. Vital commodities like oil, gas, uranium, cobalt will be depleted. And whether abundant or not, teh osct of commodities will not be cheap. Infact they are so expensive they will force the industry to seriously develop new alternatives --renewable fuels, and new industrial materials made from bio and nano-materials. But until that times comes, commodities will rule the day. And impact your life -- and worse your lifestyle...your cost of living, the kind of car you drive and the kind of house you live in, etc.
Whether you want to invest in them or not. They will affect the fate and fortunes of companies, countries, and individuals everywhere. Commodioties will make you rich. Or they'll make you poor. Forget your bonds, CDs, and your blue chips. They won't cut it in the dangerous era ahead. They will stumble and fall in the Industrial Age's last day.
It is funny -- the tables on Wall Street have turned. But investors are still playing the old game. They're still buying Microsoft, Google, Yahoo...and nobody is looking at the commodities stocks. Hint, hint, hint!
From a gay perspective, Asia seems to be the place to invest and to conquer the commodities market. A great point to be creative, productive, to see and be seen. The angry and frustrated ones will complain, the smart ones know where to look and find their pot of gold.
Most stocks will be scorned and shredded. But commodities of every type from sugar to silver...from corn to copper...will be coveted and hoarded like Pharaoh's gold...Americans knew they wouldn't last forever. They couldn't. What they didn't know, is how quickly they might vanish. In the early 70s, America was drenched in what seemed an endless supply of vital commodities. As reported oil was $1.65 a barrel. Silver was $1.39 per ounce. Copper was just $48 per ton. But back then there was only a mere 1.1 billion players on the industrial stage. Their energy needs were a mere friction of what they are today. Industry was generating just a few trillion dollars for its 1.1 billion customers. Today, is a very different picture...one, few foresaw back then.
In little more than a generation, a population explosion, the collapse of communism and the rise of the Internet and the birth of digitalized service providers would change everything. No one imagined that these events would bring unfettered success to the Great American Experiment, that they would help the vast developing world leapfrog into the modern age, that capitalism would spread and dominate so far, so wide and so quickly...but that it would also bring great pains to the global economy...and to Wall Street.
According to a recent report now we have 6 billion players all vying for the same relatively fixed supply of commodities. While we've begun to develop alternatives to these dirty industrial addictions, we should've started decades ago. But we never did. Why bother, when the Earth was awash with resources? And now global industry is abotu to plunge headlong into its last great natural resource binge. According to a research int eh next 15 years, we will gobble up more of the Earth's lastr remaining natural resources, than we did in any period in the past.
This great natural resource binge will turn Wall Street on its head. Rising commodity prices will start to bear down on every aspect of our lives...from the costs of our tomatoies to the price we pay to heat and cool our homes...Plummeting indices. Soaring inflation. And plenty of bear markets. (As reported last century we had three commodity bull markets -- from 1906-23, 1933-53 and 1968-82). Each one was bigger than the other, and wrecked more havoc. This final one promises to outdo them all. By the end of it, many things will be different.
Most paper assets will be shredded. Millions of Americans retirees will find themselves on the breadline. Vital commodities like oil, gas, uranium, cobalt will be depleted. And whether abundant or not, teh osct of commodities will not be cheap. Infact they are so expensive they will force the industry to seriously develop new alternatives --renewable fuels, and new industrial materials made from bio and nano-materials. But until that times comes, commodities will rule the day. And impact your life -- and worse your lifestyle...your cost of living, the kind of car you drive and the kind of house you live in, etc.
Whether you want to invest in them or not. They will affect the fate and fortunes of companies, countries, and individuals everywhere. Commodioties will make you rich. Or they'll make you poor. Forget your bonds, CDs, and your blue chips. They won't cut it in the dangerous era ahead. They will stumble and fall in the Industrial Age's last day.
It is funny -- the tables on Wall Street have turned. But investors are still playing the old game. They're still buying Microsoft, Google, Yahoo...and nobody is looking at the commodities stocks. Hint, hint, hint!
From a gay perspective, Asia seems to be the place to invest and to conquer the commodities market. A great point to be creative, productive, to see and be seen. The angry and frustrated ones will complain, the smart ones know where to look and find their pot of gold.
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