Investment Expert Rallies Behind â€œBlue Goldâ€
For Immediate Release:
June 30, 2006
Contact: Ian Mathias, 410-864-1652
www.dailyreckoning.com – Investment Expert Rallies Behind â€œBlue Goldâ€
Baltimore, MD: The futureâ€™s most valuable commodity is literally falling out of the sky. A global shortage of fresh water will cost nations millions of lives and billions of dollars before the end of the year. One expert believes that smart investors will buy into water infrastructure businesses before water turns into â€œblue gold.â€
â€œFor most of the world, clean drinking water is a far more precious commodity than oil,â€ said Chris Mayer, a global markets expert and frequent contributor to The Daily Reckoning. Mayer believes that Chinese and Indian water infrastructure systems are so decrepit that they will soon be forced to launch a massive reconstructive effort.
â€œChina, India, and most other developing nations are realizing that no economy can flourish for long by polluting the water that sustains its workforce,â€ said Mayer in an investment advisory report he released today entitled â€œBlue Gold.â€ â€œNow that unclean water has become a serious economic issue, government agencies and private corporations worldwide are springing into action,â€ said Mayer.
For U.S. investors, Mayer believes that â€œwater may be the ultimate world play.â€ Dissimilar from oil or gas, Mayer contends that water has no other substitute or alternative. â€œUnlike other commodities, the demand for water is unwavering and certain,â€ said Mayer, â€œand investing in water is an investment in a certain future.â€
For more information visit: http://www.dailyreckoning.com/Featured/Mayer063006.html
Chris Mayer is a contributing editor to The Daily Reckoning and editor of Mayerâ€™s Special Situations. Mayer has been seen on FOX Newsâ€™ weekly “Forbes on FOX” financial show and has been featured in a variety of print and Web publications. His views on financial matters have been widely quoted, including in the highly regarded Grant’s Interest Rate Observer.
A product of Agora Financial, The Daily Reckoning is written by New York Times best-selling authors, Bill Bonner and Addison Wiggin. The Daily Reckoning is a daily, free e-letter that weaves information about the financial world, investing, and everyday life into an educational and entertaining format that has been engaging readers for over seven years.