Thursday, May 29, 2008

Demand Continues To Soar!

Anyone who tells you Asia's economic growth is slowing has been smoking something.

Why do I mention Asia? Because it happens to be ground zero for the demand side of the bull market in natural resources. There is simply NO WAY anyone can even come close to forecasting the boom without understanding Asia.

Some recent facts...

China's 2008 copper demand will increase by as much as 15%, while India's will jump nearly 10%.


Asian demand for food is growing faster than Asian economies' GDP, and is expected to jump as much as 50% by 2020.


Oil demand in China for the first quarter of this year shot up a whopping 8%!
And as strong as all that demand emanating from Asia is, it is not the only place with strong demand for natural resources.

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