The road since the end of apartheid in 1994 has not been a smooth one, but in the two decades that followed, it has been characterized by foreign investment and considerable optimism across all sections of society.
When Rick Rule pairs lower grades, labor strife and inefficient mines with the relentless demand for platinum and palladium, his result is an investment thesis that could pay off for bullion and equity investors.
The biggest new source for platinum group metals just might be what Jack Lifton calls "the rubber tire mine." Removing the catalytic converter from a car's emission system produces a rate of return that rivals the production rates of the South African platinum giants.
Texas Tea has to take the full brunt of collapsing demand caused by economies in free-fall like Europe, China, and Japan. There are no bailouts here. On top of that, Saudi Arabia wants to whip some discipline into its fellow OPEC members.
This region is flush with resources – as much as 213 billion barrels of oil (10 times the proven US reserves) and 900 trillion cubic feet of natural gas (equal to all the reserves held by Qatar). There's also a rich fishing ground that employs thousands and feeds millions.
In light of the strongly growing world population especially in emerging countries the question when staring at the vanishing commodity supply must not be when the commodity boom will end, but rather if the boom can come to an end at all.