More Articles | Free Reports | Premium Services Saturday RoundUp Hello, Fellow Navigator. The first high-speed rail service, meaning speeds above 300 kilometers per hour (186 mph), was introduced in 1964 in Japan. Since then, 14 other countries have joined the club… with China boasting top current speeds of over 501 km/h (311 mph) and prototypes that travel over 1,000 km/h. That’s faster than a commercial flight. Most of the countries on the high-speed rail list are the usual suspects you’d expect: France, Spain, South Korea, etc. But even upstarts like Indonesia and Morocco have joined the club. One country is notably absent: The United States. The fastest train in America is Amtrak’s Acela, which has a top speed of a whopping 150 mph over a single 49.9-mile stretch of track in Central New Jersey. Most of us are stuck at highway speeds of 70 mph (if traffic is halfway reasonable) or dealing with the beatdown of getting to the airport two hours early only to have the flight delayed anyway. America may be the world’s leading economy… just don’t expect to get anywhere fast. That’s a problem because time is money, air travel is expensive, and the existence of cheap and efficient transportation gives our competitors an advantage over us. Well, I have progress to report… sort of. Brightline is building a high-speed rail line to connect Los Angeles to Las Vegas in 2 hours and 10 minutes, or about half the time it takes to drive. The project is being hailed as a test case for U.S. high-speed rail. There’s just one problem. There is no American manufacturer currently able to build trains fast enough to make use of the infrastructure. Sigh… One of our core investment themes at The Freeport Society is the rebuilding of America’s industrial empire. We’re in an age of deglobalization, as the American and Chinese economies decouple. Rome wasn’t built in a day, and replacing China’s massive industrial base with our own isn’t something we should expect to be quick. This is a trend with a runway measured in decades. But it’s one that we’re already profiting from. The paid-up members at The Freeport Investor find that four of their investments in this space are already up over 30% – and I expect a lot more where that came from. If you’re interested in joining in on these gains, as well as tapping into our wins across our other core investment themes, simply click here to learn more about becoming a member of The Freeport Investor. Now, let’s dive into what we covered this week at The Freeport Navigator… |
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