Saturday, September 13, 2014 1:07:26 PM
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I love resources and I believe in it. The world’s population will grow to 15 billion by the end of this century—and the world’s energy and resource requirements will grow exponentially. Regardless of the poverty level in the developing countries, the BRICS, or the lifestyle in the Western world, people will consume more of everything and will need many more resources. Resources will be needed to manufacture all those goods required by billions of people, and energy will be need to ship those goods to their buyers.
There couldn’t be a better case for a long-term uptrend in any economic sector than resources and energy.
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Remember the bubbles of global economic expansion Growth charts and what industry sector will be center page! Minerals and energy are. So not how they look in this current mkt but what the last 300 yrs of exponential growth are telling us now.
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