Is the Ground Full of Money?
And it is getting more valuable!
China and India are growing far beyond what analysts ever thought...with no end in sight.
Imagine whole nations with newly minted middle class citizens larger than the United States.
Over half a billion citizens demanding all of the goods that we currently enjoy. All of these goods use minerals from the ground for at least part of their production.
Indian citizens are clamoring for gold. New roads are be paved throughout the country.
China is building infrastructure all over the country...million population cities are being built from small villages in a matter of 6-12 months, in addition to millions of new automobile drivers.
Many of the natural resources are being mined quicker than new reserves can be found, proven, and defined.
South Africa, the world's largest gold producer, is having its lowest production year since 1926.
Silver mining also cannot keep up with demand both on a consumer and an industrial level.
Copper and Lead mines are being shut down by the dozens throughtout South America because there just is no more left in the mines.
This decrease in supply along with increased demand alone can cause prices to skyrocket. Couple this with a declining dollar and prices have the ability to increase even further than they already have!
Notes From The Underground:
Dow - 13,445.20 +196.47
Gold - 797.90 -3.90
Silver - 14.35 +0.03
Oil - 87.16 -0.33
To Your Investing Success,
Patrick
Labels: Commodities
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