27.04.2011 - ‘Alarming’ commodity use spurs permanent shift, Grantham says
Global demand for energy, metals and crops is outpacing supplies “at an alarming rate,” spurring a “permanent shift” in values of natural resources, said Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. The rising global population, growing consumption in China and smaller supplies of available land are slashing reserves of finite commodities, said Grantham, a co-founder of Boston-based GMO, an investment-management firm..............................................Full Article: Source
Print