You’ll pay for it, that’s for sure. And way more than you are now. But who owns publicly traded freshwater? This will be like Total Recall, selling fresh air on Mars, except it’s really happening. Humans need air, water and food to survive. And we suspect the middle class will be targeted.
Fresh water is now a traded commodity: In order to trade for it, someone has to own it. So, who owns freshwater? See the NYSE WAT here.
It was said that 2/3 of the WORLD is expected to have fresh water shortages. TWO THIRDS. Bill Gates has been buying up extreme amounts of FARMLAND, and much of it in the Great Lakes region. Farms typically have a lot of groundwater or use natural streams/creeks/rivers/lakes/ponds to sustain the land/crops/animals. Is Bill Gates buying up farmland for water futures?
WHO OWNS PUBLICLY TRADED WATER? And where is it? Is it the Mississippi River? Lake Michigan? WHERE? Water evaporates. Figure that out.
Side note: If you have your own well on your own land, make sure that you actually OWN what is underground. When big coal money came to West Virginia and Kentucky decades ago, poor Appalachian people signed off on selling what they owned UNDER ground for mineral rights to ultra rich mining companies.
“Probably every manufactured product uses water during some part of the production process. Industrial water use includes water used for such purposes as fabricating, processing, washing, diluting, cooling, or transporting a product; incorporating water into a product; or for sanitation needs within the manufacturing facility. Some industries that use large amounts of water produce such commodities as food, paper, chemicals, refined petroleum, or primary metals,” according to USGS.gov. SO IS FRACKING. Is Bill getting soft on natural gas?
The Gates family’s biggest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), and Nebraska (20,588 acres), the report said. Their farmland is held both directly and through Cascade Investment, a firm controlled by Gates to manage his investments, according to The Land Report. [Business Insider]
What we do know is that the PRICE of WATER will go up. And OF COURSE Bill’s climate change money maker baby is to blame. Bill is one of Biden’s handlers, so it is pretty safe to assume that this will get worse. So while public land can have a lot of red tape to get to the natural resources, private land has much less. Your water bill will go up, we will be forced to ‘save’ water, and I’d be willing to bet it all that there will be the most forceful and horrific droughts in human history happening in the near future. Because, you know, climate change…not Wall Street risks.
Across the business world hedge funds have expressed plans to invest heavily in water, as well as any ancillary water-related commodities and products. RBC Capital Markets analyst Deandra Marlin outlined to investors, “Despite water being a fundamental human necessity, we believe people must pay a fair market price for it, just the same way that we at RBC Capital should be able to buy and sell other things that are mostly comprised of water, and then maybe even sell those hypothetical water-based items to work for pennies on the dollar in an Amazon warehouse or something.” Read the rest here.
So that is their reasoning? My husband and my cat are made up of water, so if you use that baseless garbage logic, they have the propensity to be worth much more than as carbon based?
Henry Kissinger said, ““Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”
Is Bill Gates the water king of North America? It’s starting to quack like a duck. And his timing is impeccable.