[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Sign-in] [Mail] [Setup] [Help]
Status: Not Logged In; Sign In
|
Health See other Health Articles Title: Profit from the Hunt for "Blue Gold" Profit from the Hunt for "Blue Gold" •Drillers working 24-7... but they aren't searching for oil •How a nasty drought can benefit your portfolio •Plus: Keep your sanity with stop losses Greg Guenthner coming to you from Baltimore, MD... Greg Guenthner Greg Guenthner If you live in California, the best investment you can make right now is a forked stick. As the Golden State enters its third year of drought conditions, drillers are working around the clock to help desperate farmers find water to keep their crops and orchards alive. "It's officially getting crazy," one driller told National Public Radio yesterday. "We go and we go, but it just seems like we can't go fast enough." But of course, tapping the state's shrinking aquifers is just a temporary solution to a much bigger problem. Water scarcity is a theme we've covered for years. Now, we're once again seeing headlines almost every week on the international devastation water shortages can cause. Capital & Crisis editor Chris Mayer is no stranger when it comes to the business of water. In fact, he's been on the hunt for water-related investments since 2006 when he released a special report on water titled Blue Gold. It included a mini-portfolio of five stocks -- three of which went on to more than double within 18 months. Chris shared with me a recent Wall Street Journal article that caught his eye. Not only are depleted aquifers a major concern in California. The cost of water is also reaching new heights. An acre-foot of water can cost up to $1,300, Chris noted. That's up from $40 a few years ago. "That is a Bitcoin-like move," Chris says. "And the cost of water has led many growers to leave tens of thousands of acres fallow. This year, a half a million additional acres will sit idle. That's acreage that would have gone toward growing melons, bell peppers, tomatoes, broccoli, cabbage and lettuce." Water shortage issues aren't just confined to the U.S. it's a global issue that isn't about to disappear with a couple of well-placed rainstorms... We're already seeing the powerful effects of these water shortages in several stocks and commodities. Rising coffee prices this year due to dry weather in South America is just one example that's hitting you right in the wallet. Your morning latte costs a little extra this month--not to mention the fact that coffee is one of the best performing assets so far this year. Even if you don't live anywhere near some of the places dealing with drought, you certainly pay for it one way or another... If you're paying, you might as well bank some gains along the way. There are plenty of "backdoor" water investments out there. Major companies that make filtration equipment, pumps, and drilling rigs all have some exposure to our water theme. Poster Comment: Water is the most valuable resource out there. ;) Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: BTP Holdings (#0)
Yes, it is.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
There's plenty of water in North America as current flooding in central Canada indicates. Politicians and voters just have resolve to spend trillions on water storage, hydro and diversion instead of spending this kind of money on fighting Israel's enemies just to have Jews arranging to have Israel-supporting political hacks win at the polls.
|
||
|
[Home]
[Headlines]
[Latest Articles]
[Latest Comments]
[Post]
[Sign-in]
[Mail]
[Setup]
[Help]
|
||