Lately all we hear about is the price of oil, food, and gold. We hear about how this bank or investment has enough funding, but what we aren’t hearing about as much is the issue of water. Jim Roger’s is concerned about Northern China and its ability to procure water. I’m curious about investing in water rights because as the population grows, and civilization improves from third world status to first demands on water will increase. In a recent article on CNN, Monsanto (MON) CEO Hugh Grant said that he thinks the food shortages will pale in comparison to the water shortages of the future.
What happens when global food demand continues rising as will have to happen with a rising world population and water demands aren’t taken into account? We could have a shortage of food just because there isn’t enough water to produce it.
Maybe we will be watering the crops with the surplus of water in bottles from Fiji, Norway, Iceland, and don’t forget the LA water basin!