The Next Big Thing – Infrastructure

In 2002, Jim Puplava wrote “The Next Big Thing,” explaining how natural resources, commodities, and precious metals were the next long-term investments (see here for article). Today, he outlines why “The Next Big Thing” is infrastructure with governments expected to spend trillions over the next decade to beef up ailing ports, bridges, roads, and dams. Then, in the second part of today's Big Picture, Jim discusses "the kill cycle," how rising interest rates eventually precipitate the next recession.

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