Should you be investing in water? According to the New York Stock Exchange, fresh, clean water is now a commodity to be invested in like oil or gold. The big question we have is; Why now? Why after two hundred years is the NYSE adding water to the list of commodities?
We have a Warrior of the Week question. If you are carrying a gun and become medically incapacitated, what happens to your firearm? Who takes it and how do you go about getting it back?
Also, we are pleased to offer you a quick interview with the elusive Nicholas Orr. The author of The Operator series of books and, most recently, A Pipe Hitters Guide to Crushing the Coming Societal Breakdown, joins us on the radio for the first time.
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Enjoy the show! And remember…
You’re a Beginner Once, a Student For Life!
TOPICS COVERED THIS EPISODE
- [0:03:00] Warrior of the Week
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- TOPIC: Chain of Possession of your firearm when incapacitated – Barry in Central Virginia
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- [0:17:00] Investing in water?
Water to be traded on Wall Street as Futures commodity; joins likes of gold, oil www.indiatvnews.com
- [0:36:00] Nicholas Orr Interview
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[Investing in water] With Chicago-based CME Group Inc all set to launch contracts linked to the $1.1 billion California spot water market, consumable water will now be traded on Wall Street. In a first, water is officially joining gold, oil, and other commodities that are traded on Wall Street.
Now farmers, hedge funds, and municipalities will be able to bet on potential water scarcity starting this week. It remains to be seen if this will enable water users to create a balance between supply and demand. An imbalance is the underlying cause of the scarcity. According to UN, water shortages could affect around five billion people worldwide by 2050.
What do you know about Leadership?: studentofthegun.com/leadership
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