Back to Basics: Food, Water, Energy, Metals

5 star rating

June 22, 2008

Elli A. 20 reviews Send Message | Add to Friends

The world economy is going through major changes and that has significant implications on you and me, the average person that need to go to work, eat and sleep somewhere.

USD is falling in value for years. This is the money you will be eating when you retire.

This excellent article is about global economy and how it affects investment opportunities that you and me have. Global economy today is directly linked to eco policy as the author explains, an example being using food for energy (ethanol) which reduces available food supply for human consumption (in the form of eating, not in the form of gas consumption :)

I strongly recommend reading it. Not necessarily agree with everything or recommend to follow word by word, but it will probably give many people that are in denial mode about their financial future a harsh reality check.

When you buy commodities you are not a speculator and an opportunist profiteer. The copper you invest in is the house you will have to buy. The agribusiness you invest in is the food you are going to eat one day and the gas you will use to drive. They are linked.

The gist of the story, which has been covered many times by economists, is that the earth is maxed capacity wise in many areas, and that is causing supply and demand to go bizzerk. In addition the maxed earth is under stress, which causes environmental policy to be under stress and respond in panic (ethanol for example). The author does not get into politics, he just explains what it means to you as an investor. Economic global trends are extremely important to personal financials management, since you are planning your life in the future.

Puru Saxena explain it is a simple and clear language and connects the dots of many global trends that affect you directly, the individual that saves money that one day will be your livelihood.

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