cameroni

Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist?

Really interesting article Garry. Dr Leeb has tried to project the worlds population needs into the future with considerations for peak oil, resource depletion and political uncertainties. He is a brilliant thinker in my opinion. We may all have differing ideas on his time-frames but he got one thing right.

There are just too many people and their demands exceed the finite resources available. That is why we are about to embark on the greatest commodity bull-run in all history.

There are simply no good alternatives for some resources once consumed and when you run out you are just out. You own stuff or you don't. Better to own the right stuff.

Uranium is a fine example. I think it will be one of the very best opportunities in the coming decades and we still have the chance to buy in cheap. The demands for clean energy are massive. The volumes of uranium reserves are finite and dwindling. "Buy quality Uranium plays" is one of my personal mantras. Better yet, buy it locally (as in North America and specifically Canada).

With the number of new reactors under construction or under consideration around the globe and the relative shortage of cake this could truly turn out to be one of the great cash cows of the century. Those who know me already know that I am a huge fan of copper, silver and potash,....but at the back of my mind I sense uranium to be one of the biggest opportunities of all. I buy it aggressively at the right price.

The world is shrinking. As a human community we are like locusts. Everything and all will be consumed in our wake. Commodities are the near equivalent of money itself and not taking an interest in those producers and refiners is a very big mistake in the coming decades.

So much for defensive stocks. I want companies that produce "stuff".

The Mystery Behind the Parabolic Yield Curve

Thanks Gary, that was a good read. Nice roundup of things as they are.
I also question what traders see as "Green Shoots". Commodities (excluding food) could actually be in for another harsh setback. Stimulus buying by China strikes me as just good business. Opportunistic purchases in bulk at the right time. They are no slouches over there and know a deal when they see it. When they have had their fill prices could easily slide again.