Since 1900, there have been four bull markets in the natural resource sector. The first three last for a period of 20 years each this 4th bull market run which started 8 years back will run at least another 20 years or more bcoz this time the bull market run is in response to double digit growth in Asia, and in later stage of bull run we would c big investment move to Africa continent and South America to extend the bull run. And we will see at least 5 to 7 top economy in world from Asia, for this reason this 4th resource bull market will be the biggest.... india and china just on its own r building 100 big power plants a year and this will continue for next 20 years and still the demand for energy will not reduce....
Also IMO the number uno resource will be coal to power all the growth they need and cheapest form of energy to boost this growth is COAL that is reason a company like EDF is paying in advance for share of coal conti is going to produce
Add to My Watchlist
What is My Watchlist?