Water as the Ultimate Liquid AssetJUPITER, Florida June 5, 2008 — By 2020, 45% of U.S. water utilities will need repair. That's just one of the reasons that water should become one of the most lucrative commodities of the 21st Century, according to a new report by Weiss Research commodities analyst Sean Brodrick.
In
Cloud 9 Cash Report, Brodrick provides an insightful analysis of water as an investment vehicle and strong data supporting further pressure on the price of the
natural resource, including:
* Americans spent $15 billion on bottled water in 2007.
* A United Nations report that the Himalayan glaciers that are sources to Asia's biggest rivers — the Ganges, Indus, Brahmaputra, Yangtze, Mekong, Salween and Yellow Rivers — means that they could disappear by 2035 as temperatures rise. It is estimated that 2.4 billion people depend on that water.
* Less than 15% of the Chinese population has access to clean drinking water. China's government will spend $128 billion on water infrastructure in the next five years.
Water is a valuable natural resource and the demand for it is not elastic — as prices rise, consumption does not decrease," said Brodrick. "Investors should see steady price acceleration as demand continues to surge around the world."
Money and MarketsIts an older article (no personal interest and not promoting author), but, just thought it was worth passing on. Over the years, articles and stories about the Global Water Consortium suggest the consortium had not worked out the micro-economics of controlling water. It seems now, they have, if these folks are serious.