good article on potash
Potash Makes Plants and Bank Accounts Grow
Author: Guy Bennett
If Potash were a movie it would be “Little Miss Sunshine”. A feel-good investing story brimming with upbeat subplots, it is impossible to dislike. Let’s get rich while feeding the hungry.
Potash is mined from deposits left behind when ancient sea beds evaporated. 95% of the world’s Potash supply is used in fertilizer. There is no commercial substitute. Surging global demand is being driven by macro-economic factors like global population growth, a decrease in arable land and increased consumption of meat in India and China.
Subprime mortgage fallout? A pull back on gold? Recession in the US? Not a concern for stakeholders in the Potash industry. As one wag put it: “As long as people are eating and having sex – Potash prices will continue rising”.
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