Besra Gold Inc (BESAF)

[Spellbound]

Bill Bonner: Population Growing at 10 Times the Rate of Crop Yields

Ref - http://www.dailyreckoning.com/Issues/2008/DR060908.html -

In 1961, crop yields grew by 10% per year. Lately, they've increased less than 1% per year. Meanwhile, in 1970, there was about 1 acre of arable land on the surface of the planet for every pair of feet. But the feet have multiplied - just like Erhlich said they would - from a bit over 3 billion people to more than 6 billion; and now the species is expanding like sub-prime debt. Just look at a chart. Human population looks just like the NASDAQ in '99 or oil in '08. This population explosion, along with urbanization, highways, pollution, desertification and so forth, has cut the amount of farmland per person in half. Meanwhile, the number of people bellying up to the bar continues to grow by 11% per year - more than 10 times faster than crop yields. Everyone wants a drink; but there's only so much on tap. Who knows? This may be a good time to short the whole damned race.