Commodities, China on Leeb's mind
Stephen Leeb , chairman of the Leeb Group, will be the featured speaker at a dinner meeting of the Connecticut chapter of the American Association of Individual Investors at 7 p.m. Thursday, Nov. 21, at The Waters Edge at Giovanni's II in Darien.
Leeb, whose company specializes in publishing financial newsletters, will address "Commodities: How to Make Money from Resource Scarcity and How China is Eating our Lunch." His talk will explain why chronic resource scarcity, accompanied by financial turbulence, threatens to be a major challenge for investors in coming years. Although many commodity prices have eased owing to the recent recession, supply constraints will reappear as the global economy strengthens, Leeb said. More specifically, China's growing prosperity and global quest for resources is expected to put steady upward pressure on commodity prices, according to Leeb.
"My talk will attempt to give a road map on how investors can survive -- even prosper in what promises to be the most testing time since the industrial revolution began," Leeb said.
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As publisher of The Complete Investor, Leeb is a frequent guest on financial media programs such as Bloomberg and Fox News. He is the author of eight books. His latest book, "Red Alert," co-written with the Leeb Group's Greg Dorsey, outlines the ways in which China seeks to control the global supply of major commodities necessary for future growth and the development of renewable energies.
Registration begins at 6 p.m. and dinner is at 8 p.m. The cost is $45 in advance and $50 at the door. The program alone is $25. For information or to register, call 203-245-1211 or email AAIIConnecticut@aol.com.