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New Issue of Money and Markets Newsletter Explains Boom in Natural Resources, Whirlwind of Profits for Investors
Jupiter, Fla. (PRWEB) October 24, 2007 -- Martin D. Weiss, Ph. D. takes a closer look at the boom in natural resources and how it's causing a whirlwind of profits for investments. Dr. Weiss explains the affect this boom is having on economic forces on the planet.
The boom in natural resources is one of the most explosive investment areas in the world today. It's spinning off a whirlwind of profits for investors and is being driven higher by two of the most powerful economic forces on the planet -- the unprecedented demand from Asia, and the unparalleled plunge in the value of the U.S. dollar.
When Larry Edelson began writing the gold column in my Safe Money Report in 2002, the yellow metal was under $300 an ounce. He forecast a run to $500, $600, even $800 -- and that's precisely what we've seen.
Now, gold has risen in eight out of the last nine weeks ... surging by more than $100 ... launching a historic break-out in the charts ... and signaling the onset of a new blast-off to much higher levels.
Ditto for crude oil. When it was in the $20-per-barrel range, Edelson was among a small handful of analysts in the world who said it was going to double in price, double again, and then bust through the $100 barrier within five years. Now, here it is five years later, and sure enough, oil has hit $90, over four times higher and within easy reach of $100.
Just this year, oil has surged by about $35 per barrel. And just in the last two weeks, it has charged ahead by $12, or 15%.
But it's not just about gold and oil. Years ago, Edelson coined the now-famous phrase "an explosion in every natural resource under the sun." And that's precisely what we have today:
? Copper, in a massive bull market since 2003, now flirting again with all-time highs.
? Sugar doubling in just the last year.
? Wheat exploding through the roof.
? Platinum busting through the $1,400 barrier and beyond.
Even commodities that most people never think about are doubling and tripling in price. Mica, nickel, crystal, plentiful in Brazil, are surging in value. Orange juice, soybeans, acerola, uranium and virtually all the common and uncommon commodities that Brazil exports -- not to mention those of Canada, Australia and New Zealand -- are now selling for double, triple, even four times more than they were just a few years ago.
For each of the world's great commodities, there is a unique and fascinating supply-and-demand story. But as Jack Crooks has persistently warned, the big story is the declining dollar.
The clincher came at the closed-door meeting of Group of Seven finance ministers and central bank governors on Friday. That's when U.S. Treasury Secretary Paulson vetoed European proposals to warn of the problems related to the falling dollar, triggering another bout of dollar selling in the foreign exchange markets.
That's also when Paulson repeated the mantra that "a strong dollar is in our nation's interests." But his stale words fell on deaf ears and the greenback promptly fell still further, to another, all-time record low against the euro.
The reason: Everyone knows that U.S. authorities aren't lifting a finger to stop the dollar's collapse. And nearly every investor on the planet is rushing into investments that naturally rise as the dollar falls.
Meanwhile, the G7 ministers issued the strongest warning yet to China to revalue its currency. They ordered China to let its currency rise faster. They told the Chinese, with no punches pulled, that they are at the root cause of instability in global markets.
Bottom line: They don't want the dollar to fall any more against the European currencies. But they do want it to fall against the yuan, which, in turn, will precipitate a dollar plunge against all Asian currencies, especially the Japanese yen.
"Either way, investors are already beginning to dump their dollars like there's no tomorrow. And when today's trickle of dollar dumping becomes a flood, it'll be a tsunami that carries natural resources -- and the companies that produce them -- to their highest levels of all time," Dr. Weiss states.
About MARTIN WEISS & MONEY AND MARKETS Money and Markets (www.moneyandmarkets.com) is a free daily investment newsletter from Dr. Martin Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Weiss Research, Inc. is located in Jupiter, Florida. For more information about our editors, or to set up an interview, please contact Jennifer Moran at 561-627-3300 or visit www.moneyandmarkets.com.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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