Countries around the world are getting rich off surging prices for resources such as oil. They used to just buy US treasuries with this cash, but now many -- such as China -- are effectively setting up country-run hedge funds. Where are these monster amounts of money going to go and how do you get there first?
Tim Seymour says sovereign country funds were established by Norway. Now Russia, the UAE, China and other nations have gotten into the game and there’s over $2 trillion today in sovereign wealth funds.
Tim adds China and India are looking to buy hard assets to support the growth of their countries and he recommends investing in companies that supply their demand.