mslasky

Hard Assets Investing: An Interview With Brad Zigler

RE: Managing editor. Good points, but, the history, that reversion to the mean depends on, is no longer present, therefore, it's power to predict the future is invalid, in my view. Prior generations used a very small portion of earth's resources - this is no longer the case. Agriculture in particular; there's no way to manufacture more land, and arable land is diminishing, by virtue of erosion, climate change, increased climate variability (climate is reverting to the mean, the last 100 years being utterly unique), land used for dwellings, increased worldwide meat consumption, etc. I conclude agricultural prices are going up "indefinitely". Non metallic minerals less so, since the supply is the entirety of the earth's crust! Statistical arguments, while valuable, are very tricky - they depend on assumptions and contexts. Are you certain your assumptions and contexts are still valid for a world of close to 7 billion people, all clamoring for 'stuff'?