Buy This Commodity Set to Become More Precious Than Oil


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Buy This Commodity Set to Become More Precious Than Oil

COMMODITIES INVESTINGGLOBAL INVESTINGMACROECONOMICS
 

Opportunities to grow your wealth do not always occur in the technology sector, although it seems that way at times. Sometimes it is the most common and mundane parts of your life that will present a fabulous way to grow the value of your portfolio.

One such example is something you and I take for granted every day here in the United States… water. You just turn on the tap and it’s there. But that’s not true elsewhere in the world and may not be true even here in the U.S. in the future.

I’m reminded of one of my favorite classic poems (published in 1798) – the Rime of the Ancient Mariner by the English poet Samuel Taylor Coleridge. The best-known verse from the poem is: “Water, water, everywhere, Nor any drop to drink.”

Water is seemingly everywhere, covering about 70% of our planet. Yet, fresh water is extremely scarce – accounting for a mere 3% of the world’s supply. Of that amount, the vast majority is either locked up in glaciers or resides in inaccessible subterranean pockets.

And the fresh water that is accessible is not evenly distributed around the planet. For example, there is plenty of water in Siberia. But few people live there.

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