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The AAII Connecticut Chapter presents...


"Commodities: How to Make Money From Resource Scarcity and How China Is Eating Our Lunch"

    Discussed by:

    Dr. Stephen Leeb
    Economist, Author, Publisher, Money Manager; Founder and Research Chairman of the Leeb Group

Since the beginning of the century, virtually every commodity has posted dramatic gains. With the European recession of 2011, however, commodity prices took a breather and fell about 10% or so from their 2010 highs. While many have pointed to the drop as the end of the super-cycle in commodities, it is surprising that the drop was not more severe given that Europe is the world’s largest economic bloc and that the world is so highly interconnected. The recession in Europe clearly reverberated throughout the world.

A recent report by the consulting firm McKinsey argues that the gains in commodities in the century have become as much supply-driven as demand-driven. Grades of copper and other metals have fallen sharply. The amount of oil it takes to produce oil has risen sharply. And while McKinsey holds out natural gas as a possible counter-example, it is not. Fracking for gas or oil is a short-term fillip destined to peter out in, at most, the next few years.

Investors are going to be faced with chronic resource scarcity and constant financial turbulence in the years ahead. Dr. Leeb’s talk will attempt to give a road map on how investors can survive, and even prosper, in what promises to be the most testing time since the industrial revolution began.

Attend This Meeting and Learn...
Why commodities should be a component of a diversified portfolio
How a chronic scarcity of resources will affect commodity prices
Which factors will contribute to constant financial turbulence in the years ahead
How China’s growing prosperity threatens the American way of life

  MEETING DETAILS
Date:
Thursday, November 21, 2013
Time:
6:00 p.m.    Registration/Social
7:00 p.m.    Dinner
8:00 p.m.    Program
Location:
The Waters Edge at Giovanni's II
2748 Boston Post Rd. (US-1)
Darien, CT
203-325-9979
[ Map This Location ]

Payment:
In Advance
Program & Dinner, $50/person; Program Only, $25/person
At the Door space permitting
Program & Dinner, $55/person; Program Only, $25/person
No Refunds
  SUBGROUPS

Subgroups

Computerized Investing-Meets at the University of New Haven, Bergami Learning Center for Finance and Technology, Maxcy Hall, room 218, 10 a.m. to 12 noon, on or around the fourth Saturday of each month. Their web address is www.newhaven.edu. Gregory Blosick, 203/931-0322, Gregory_Blosick@msn.com.

Mutual Fund Interest Group-Meets at the Westport Public Library, seminar room, second floor, 7 to 9 p.m., on or around the 2nd Tuesday of odd months (except July). Their Web address is www.westportlibrary.org. Peter Spielman, peterspielman@optonline.net; John Swensson, 203/322-9532.

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