Will Profits Gush in With Water?

by | Feb 22, 2001 | Archives

White ridges of wetness crash on sodden rock ripped by roaring currents that lash the creek bank and swell over its edge. Gushes of brown spray strain at greying wood. They sing a rushing song in harmony with the groaning bridge. Smells of damp leap through the willows. I feel this soggy touch and taste a pure, sweet cleansing that stings my lips. Just before I headed for the equator we had a long warm spell and torrents of rain. This melted the snow mass and turned our gentle creek into a lashing cascade. I stood on one of the small bridges that cross the creek and thought how blessed we are here with water. It falls on us, rushes down our creeks, bubbles up through the grass, springs from the hills and cascades from cracks in the rocks.

This is no mistake. Merri and I began looking for land with two goals, have altitude (to avoid air conditioning in summer and mosquitoes anytime) and have an abundance of water. We certainly attained both at Merrily Farms.

I have been writing for several years in my written World reports that it makes sense to invest in water. When I was growing up in Portland we didn’t think it special to be able to drink sparkling clear Bull Run water fresh from the tap. Then I began to travel and was amused. The poor French, Mexicans and people in places where they could not drink water unless it was bottled! Ha ha, how strange I thought. How little did I know?

But where I really became aware of the growing water supply problem was when I returned to Florida. The diluted chlorine mixture coming from our tap in Naples was not only expensive but barely drinkable. And Merri’s Mom in Macon Georgia was the first house after the chlorinization plant. The tap water would make your eyes burn! I became concerned. Then when returning on a trip to visit my Mom in Portland I discovered that here previously sweet pure water was chemically foul as well.

This was when I first became concerned.

We are too many. Too dirty. 0ur water too little.

So I started writing about investing in water. But where? There are a couple of big European public companies, Perrier, Generale des Euax, etc., but when I looked in the U.S. I couldn’t find anything. Checked a few of the small water bottlers and found most of them already owned by the Europeans. So how?

One way is to own land with water. That’s why Merri and I decided to go to the source and buy land with springs . This is also one reason why I recently recommend in this publication to look at farm land in Ashe county North Carolina (go to https://garyascott.com/lostprovince/

Each of our houses has its own gravity fed water supply from one of four separate springs. There are dozens of other springs on the land plus three rushing creeks.

But the granddaddy of them all is the “Indian Trough”. This is a huge spring where about three gallons a minute pours out of a large rock formation. It is a historic site because the natives here viewed it as sacred (when this land was their hunting lands). They gouged a trough in the rocks so they could drink form the spring face and their horses could water from the trough.

The water is said to medicinal (one of our Shaman friends said it is especially good for urinary tract problems) and the locals have come here to collect it for generations. Mainly for their health, but one neighbor said his father was a famous moonshiner and only used this water to make his moonshine! The locals still come up to collect it and a dear friend whose brother was passing asked for some to take to the hospice. To drink this water was his brother’s dying wish.

We are blessed with this water and have built a wonderful Japanese Cedar Soaking Tub deep in the woods. The spring (which comes out at exactly 49 degree temperature year round) fills the 450 gallon tub (it can accommodate six people). A wood burning snorkel stove with heat exchangers is immersed in the water and heats it to the temperature desired (usually a little over 100 degrees). After the soak (and drinking lots of water while there) the tub is drained and filled again so no chemicals are needed.

We also have ten gallon oak barrels so we can drink it at home as well.

This is one way I invest in water. But where else can we invest? This is a tricky question for me as I lack experience in the water industry.

Here are a few thoughts. Look at any industry that deals in water filtering or purification. Companies that build desalination plants would make sense and of course bottlers. There are several problems. One is pollution in the water. Another is not enough fresh water for drinking, cleaning and irrigation. Another problem is not enough of the right types of water in the right place.

So we can look at those who clean water, have water and transport water.

But I want to know more and you can help me. We, as a group, form a powerful network. For example at our last publishing course in Orlando (our next such course will be June 22-23-24 see more at https://garyascott.com/courses/ we had delegates from Australia, Argentina, Canada, England, Netherlands, Belgium and across the States. Amazing contacts! We have a discussion about investing in water at our forum (go to www.garyascott.com/forum/ (in the “Investment Ideas” forum) so you can share your ideas and questions about where we can invest in water.

One other area to look in is water for healing and recreation. This is becoming rarer as well. To this end Merri and I will conduct our first “Haciendas, Health and Hot springs” tour in Ecuador May 3-11. We’ll soak in three of the most amazing volcanic hot springs on this trip. (go to https://garyascott.com/courses/ for more.

Until next message, good investing!