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Unearth Big Gains from the Commodity “Supercycleâ€
Consider that your computer could contain up to 38 separate chemical elements and that all of those elements needed to be mined and refined. Everything from cell phones to housing supplies requires massive amounts of raw materials.
Our modern lifestyle encourages us to buy the latest products, all made with increasing amounts of technology – and more raw materials.
But industrialized nations aren’t the only players clamoring for these commodities. Developing nations around the world are pounding the table for more of everything. They want what the industrialized west has had for years. And they want it now.
3Dec2008 | Investment U | 0 comments | Continued
Jim Rogers: More Pain for the Greenback, and the Failure of the Federal Reserve
By Keith Fitz-Gerald
Money Morning
SINGAPORE – By bailing out Wall Street and applying “band-aids” to the economy, the U.S. Federal Reserve may well be causing its own downfall – even as it hastens the demise of the greenback as a viable global currency, investment guru Jim Rogers told Money Morning during an exclusive interview.
Because of such strategic missteps, U.S. consumers could be facing a long and painful economic malaise, similar to the “lost decade” of 1990s Japan, or the stagflation-riddled 1970s in the United States, Rogers said.
Make no mistake: If that happens, there are two clear culprits – current Fed Chairman…
8Apr2008 | Money Morning | 2 comments | Continued
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