At Energy and Scarcity Investor, we believe the concepts of "energy" and "scarcity" will dominate the social, economic and political landscape for years to come. 

We can benefit and profit enormously from building investment models around these key concepts. 

At the same time, many of the best investment opportunities of the future are still in the early, if not embryonic technical and business stages. Thus we are looking for small companies with large growth potential.

Many of the investment ideas that we will explore involve some risk in the form of companies with thinly traded stocks. Due to their small size and float, I would not recommend many of these companies in my other service, Outstanding Investments.

That's exactly why I created Energy and Scarcity Investor.

In Energy and Scarcity Investor, I can fully explore the possibilities of riskier investments - and bigger profits.

What do I mean when I use the terms Energy and Scarcity? Well, each one deserves a long book, certainly a volume or maybe two. But this is a letter and not a book, so permit me to be brief. 

With the concept of Energy we are looking at the entire spectrum, both literally and figuratively. Of course we are focusing on:

• The looming import of Peak Oil, a subject on which I have written extensively in the past few years.  But we are also investigating:
• The "above-ground" factors that are making energy supplies and the recovery of those supplies more and more problematic and costly with each passing day.

In the pages of Energy and Scarcity Investor, I will look for investment ideas in every nook and cranny of the energy arena. This includes everything from fossil fuels trapped deep within the Earth to renewable energy sources at the surface and above.

I will also report on opportunities in the transmission and distribution of these resources. We will go wherever the opportunities lead. There is no limit to the scope of this service - except of course the dwindling supply of many conventional resources. That brings me to scarcity.

Scarcity for our purposes encompasses:

• The notion that the supplies of many important elements and basic commodities are just plain drying up. Whether it is fresh water, phosphorus for fertilizer, or exotic elements used in high-end semiconductors, there are some things that are hard to get even if you have money in the bank.

Energy and Scarcity Investor believes that in this fast-evolving world, some of the basic economic assumptions of the past may be breaking down.

No, we are not saying that markets and market mechanisms do not work. 

But we are wondering if we can continue to rely only on the price mechanism to bring forth an eventual abundance of any given item. For some things, you do not want to be a buyer because there are no options for "shopping around."

That's scarcity in action.

For those scarce things, you just flat-out want to own the mine or the mill if possible. So we will look for ways to buy into that mine or mill, however remote.

I hope you join me in the search for profits at Energy and Scarcity Investor.