Get Ready For The India Superpower

India Superpower? What?

Well get ready for it folks, as India is emerging as one of the new superpowers of this century.

India has the second largest population in the world, second only to China. Its economy is one of the fastest growing in the world and so it is possible that we will see India emerging as a superpower some time soon.

The only country growing faster than India is China, but India could still become a superpower with an incredible growth of 9.4% in GDP last year.

Analyst Sam Kirtley of The Gold Prices Newsletter believes that China and India will indeed become great powers in the future: “We believer the time when China is more powerful than the USA is rapidly approaching if it has not already happened and India is fast on China’s heels. The economic growth in India and other countries is pushing up the demand, and so the prices, for commodities across the board. However they are particularly flocking to gold as a store of this new found wealth as the US dollar no longer provides a secure store of wealth.”

Kirtley also writes in The Uranium Stocks Newsletter and believes India will also have a massive demand for uranium in the future: “Countries like India are rapidly increasing there demand for energy so where is this energy going to come from? The answer is nuclear power and the switch to nuclear power will mean a massive increase in the demand for uranium which should send uranium stocks significantly higher.”

Do you think we will see China and India Superpower of tomorrow?

What is your opinion on the economy in India?

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