RE:Remarkable For what it's worth, my working thesis is that the world will suffer a deepening scarcity of natural resources including food. By that thesis inflation is with us for years because if demand is always greater than supply then prices have to go up. Yes you can reduce demand by increasing interest rates but prices will only come down if supply is greater than demand. In conditions where demand is greater than supply, increasing interest rates only exacerbates price inflation because it increases production costs.
Guyana and the entire Amazon River basin and the Guyana Shield: loaded with natural resources that the world will desperately need. The Linden- Lethem Road currently being constructed in the Essequibo will open up pretty much most of the northern part of South America to markets. I read that close to 75% of Guyana is still virgin, dense rain forest. Same with Brazil which is very eager to get access to a Caribbean port close by instead of having to transport goods thousands of kilometers to the Atlantic. They desperately need a port facility.
I think that this is just the start of massive investment in Guyana and not just oil&gas. I chatted with a Guyanese official a while ago about emerging opportunities. Lots on the horizon. Specifically I asked him about Guyana's stock exchange. It needs to be upgraded and integrated with the global financial system so that IPOs for start-ups can attract more investors. That was over a year ago when I chatted with the man. I don't know the current status of things. Anyway, lots going on with more to come. What part oyl plays in this massive development is beyond me but if they play their cards right then this is probably a good time to buy.