by Richard (Rick) Mills, Ahead of the Herd:
As a general rule, the most successful man in life is the man who has the best information
Gus Gunn, of the British Geological Survey, has identified three main factors behind the steep rise in
commodity demand and prices:
- Urbanization that is accompanied by a rise in the standard of living. By 2025, nearly 2.5 billion Asians will live in cities, accounting for almost 54 percent of the world’s urban population. India and China alone will account for more than 62 percent of Asian urban population growth and 40 percent of global urban population growth from 2005 to 2025
- Population increase, since 1950, the world’s population has gone from 2.5 billion people to seven billion. No less than 75 million people a year are added to this number, the world’s population is expected to exceed nine billion by 2050 and reach 10.1 billion by the end of the century – according to the United Nations
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