The Great Convergence

Here we are in the New Year. It is also a year of a new dynamic. You can see it almost everywhere including, most recently, Egypt, Tunisia, Lebanon and the Ivory Coast. China again is newly flexing her muscles and defining a new relationship with the West.

It is a world of convergence of incomes and divergence of growth rates between developing and developed countries. This year (last week) we served as Chairman of the first Cambridge House/Commerce Resources Critical Metals Symposium. This was a most interesting event for two days in Vancouver. The room was full both days of the symposium. I think this might have been the first time Japanese, Chinese, European, Canadian and American views on the Rare Earth conundrum were presented as well as those on a number of metals outside the 15 or so rare earth elements.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]