Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (1430)	3/7/2004 1:31:30 AM
From: mishedlo	Respond to of 116555

Thanks Roebear - pass the word Mish

To: Roebear who wrote (1430)	3/7/2004 1:32:41 AM
From: mishedlo	Respond to of 116555

Caddman on the fool talks about the following commodities article 321gold.com From Caddman... Looking longer term, CRB is breaking out of long term resistance. What we keep forgeting is that while the US is the largest user of commodities per capita, China and India are beginning are the areas of growth. Even if living standards rise more slowly than current growth, the demands of 2.3 BILLION people are almost difficult to understand. For example...TV's. If China can get 10% more of its population to purchase a TV...37 Million units. Meat, 10% more, about 10lbs more person, translates to 13BILLION lbs of NEW meat demand. China slowing their economy, and assuming India slows as well, I just do not see a DECREASE in demand for commodities, just slower growth. With the size of those two populations, demand pressure exisits for commodities. Don't forget oil. Chinese, per capita only use 1/10 of the oil/energy equivalent the US population does. They only have to increase the standard of living to 1/3 of the US standard to match the US in oil/energy consumption. This is not counting India, who recently became the 6th largest importer of oil, surpassing France. caddman