Casey Research: “There’s a Nationalization of Global Resources Occurring Now”

As economic conditions around the globe deteriorate and super powers vie for military, political and financial position, governments are increasingly putting their focus on the acquisition of resources.

In China, where the government essentially owns all aspects of the economy, national wealth funds are being rapidly diversified into everything from agricultural resources and international energy exploration, to precious metals and rare earth minerals. Take, for example, the Chinese invasion of Tibet in 2008, which the People’s Republic cited as a political annexation. While politics certainly played a role, there was a much more sinister and strategic power-play at the core of the military occupation. Tibet is rich in one key resource that China lacks for its 1 billion strong population – fresh, clean water. That alone is motivation enough to send in the army when your own rivers and eco-systems have been destroyed because of unsustainable manufacturing practices.

The U.S., for its part, is very much involved in similar strategic machinations. Given the trillions of dollars being generated, who could realistically deny that our primary purpose for military hegemony in the middle east is focused solely on the acquisition of cheap oil resources (Iraq) to keep the U.S. economy afloat and rare earth deposits like uranium (Afghanistan) that provide essential components for the defense industry?

Countries all over the world, large and small, are racing to get their hands on anything of value, and they are actively and without regret nationalizing once private industries across the board.

It’s happening as we speak.

You look at what’s just recently happened in Argentina. In 2012 Argentina basically nationalized the oil sector and with that it had a major spillover effect.

From there, look at Venezuela and Bolivia, and what happened in the last ten years. The same situation.

This is a cold war of resources.

A big pinch of resources is really happening where these national oil companies are kicking out these foreign exploration companies.

And it’s going to become a major, major issue moving forward.

You look at Venezuela… they’ve actually decreased their oil production since Chavez has been in power.

There’s a nationalization of global resources occurring now.

It’s difficult to paint with a broad brush, but I really like following the smart money – the management teams that truly understand, not just the commodity, but the political minefield of where they’re at.

Listen to energy expert Marin Katusa of Casey Research discuss the geo-political strategy of resource domination, learn how to spot trends that will change the face of how resources are shared and acquired over the coming decade, and develop investment strategies to protect and grow your wealth in our ever-changing global landscape:

Interview via Future Money Trends

With the U.S. already in fiscal and economic trouble, leaders of nations all over the world are making moves to restrict our access to key commodities and resources. Some of them, including China and Russia, are no longer using the U.S. dollar in trade, and are switching to gold or other instruments.

They’ve seen how political forces within the U.S. government have progressively weakened the domestic availability of key commodities like oil, food, and our power grid supply originating from coal and nuclear. Special interests, through legislative mandates and regulations, have created a national security situation that could prove disastrous in the future, as the United States will be wholly dependent on foreign supply for essential resources needed to run our country on every level.

With the global grab for resources happening in full force, the long-term effect will be ever more scarcity and higher prices. This is inevitable, because as the global population continues to put more strain on the system and more people in places like India and China increase their quality of life, most political leaders will opt to take care of their domestic requirements before those of the United States.

Thus, the only option for those concerned with this long-term trend is to continue investing their wealth into physical commodities. For some, that’s reserve food, tools, land, precious metals and sustainable energy practices. For others, who have retirement portfolios or personal savings, diversifying into unconventional assets that will thrive when others collapse in value will be the key to maintaining and growing wealth.


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You

Doug Casey: There’s Going to Be a Huge Change of Ownership Over Global Resources *Video*

International man and well known investment strategist Doug Casey warns that the world’s economic, financial and monetary systems have passed the point of no return and a change of ownership over global resources will soon take place.

At the 2012 Investment Conference in New Orleans, Casey explains why neither Presidential candidate will change anything, where the real wealth in the world is found, why gold is a must-own survival asset, and what to expect next:

We’re going to go through a really, really rough spot starting anytime between tomorrow morning and the next year.

We’re exiting the eye of the hurricane where we’ve been in since 2007… We’re going into the trailing edge of the hurricane, it’s going to last a long time, and it’s going to be very, very severe.

All the real wealth in the world – the skills in peoples’ hands, the knowledge in their minds, the factories, the farms – that’s all going to be here. It’s not going to go away.

It’s just the financial system, the economic system that’s going to collapse.

There’s going to be a huge change of ownership for those things, which is going to be very unpleasant and inconvenient for a lot of people.

It is beyond the point of no return as far as I am concerned for Europe, and for Japan, and the U.S., and China – all the developed economies, quite frankly.

Gold remains the only financial asset that’s not simultaneously somebody else’s liability.

All of these governments all over the world are printing up trillions of currency units and they’re accelerating the pace of doing so.

There’s going to be a panic into gold. There’s going to be a mania in gold. There’s going to be a bubble in gold in the future. 

Even though, as we speak now, it’s at $ 1700, it’s no longer cheap, but it’s going a lot higher…

We’re looking at the biggest economic upset since the industrial revolution.

…[Predicting the price] is crystal ball gazing; it depends on how stupid the government is and how out of line the mob psychology becomes.

But, by the time this comes to a peak I wouldn’t be surprised – in real terms, today’s dollars – to see the equivalent of $ 5000 per ounce.

Of course, that may be 10 or 15 considering how badly they’re going to inflate the currency…

Watch Doug Casey:


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You