RE:the new oilYes, global water problems will only worsen over time. This is truly a global problem. I live in BC, Canada and we're having water shortages this summer! So in the long run, I am very bullish on water as a theme. Just like alternative energy, lithium, etc. However, in the immediate future, I am very concerned about a global stock market correction. I am staying out of the market for now (concerns everywhere: China, Europe, Russia, Brazil, Canada, and even USA). Once things stabilize, long term positions in water, alternative energies, global energy, lithium, etc. I know they say you can't time the market but it's really scary out there right now.