OTCPK:IVWFF - Post by User
Comment by
vocex1on Oct 25, 2004 12:54am
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Post# 8088218
RE: Lead and IVW...in DEMAND!!
RE: Lead and IVW...in DEMAND!!Nice find, Chartman, those numbers are very bullish for the Ivernia plan of action. Once again, as EIJ has noted, the Chinese growth in demand for domestic lead use continues to push forward.
Look at Oil. Record high prices, nominally, and climbing, even in the face of alleged maximizing of output from the Middle East and other major producers.
Our world has come to a supply crisis, in many essential commodities.
This will not stop the emerging nations from clamoring for the trappings of the middle class. Think of 200,000,000 Chinese achieving middle class income and status, along with perhaps a similar percentage in India, say 120,000,000.
This is equivalent to the entire population of the current largest consumer nation on the planet, the US.
These commodities will go to the highest bidder. It should be interesting to see the changes over the next 10 years. But all this growth of new consumers points to increasing demand in the face of, at best, stable, or declining supply for many essential commodities.
Ivernia is well timed.
vocex1