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The future of natural resources: aluminum prices plummet

Tuesday, 09 December 2008 12:36 Last Updated on Tuesday, 09 December 2008 12:36 Written by Eric Garland 0 Comments

At this moment , you can really see the effect of speculative markets on our economy the past few years . Gasoline in Washington is now cheaper than my morning coffee – around $1.70 at the time of this post. This shows how incredibly powerful speculation has been. The world economy has not been cut in half, but many resources are falling dramatically in price.

Today, the global cash price for aluminum also fell to around half of what it was earlier this year. It may seem crazy, but then again, there are THOUSANDS OF YEARS left of aluminum in the Earth’s crust.

The future of scarcity is not what many have been led to believe! More below:

STEEP Report Future of Natural Resource Scarcity

View SlideShare presentation or Upload your own. (tags: water coal)

Tags:  aluminum, arable land, coal, Ecology, natural gas, natural resources, oil, petroleum, speculation, STEEP Report, water
This entry was posted on Tuesday, December 9th, 2008 at 12:36 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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This is the official trend blog of Competitive Futures, a management consultancy that provides trend research and analysis for business and government around the world. Here, we update you on interesting trends we see as part of our work for our clients.


For managing partner Eric Garland's new author and speaker blog, please consult and bookmark http://www.ericgarland.co

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