The bubble of 2020 ?

[keegs]

Time To Move On to the Next Bubble: Clean Energy | Renewable Energy World

 

[keegs]

What's the next big thing?

WealthTrack Video on Demand

 

[charlz]

I think a major part of something being a 'bubble' is no one knows or thinks of it as being a 'bubble'. It also has to be speculative in nature... wealth to be created out of 'nothing'. Alternative energy has been around long enough for people to know it is still more expensive than conventional energy systems. Before a bubble could form there would need to be some paradigm shift like cold fusion, 90% efficient solar cells etc. to get people excited and literally throwing money at it.

Not to say that there won't be millions or billions invested in alternative energies that may or may not pan out. Just not sure it will be a 'bubble'.

Right now the next bubble to burst is likely gold. Highly speculative and it 'just keeps going up' kinda like the housing and tech thought processes. Tech had the 'excitement' and 'something from nothing' aspects. Changes in lending fueled speculation in housing and fueled a 'something from nothing' attitude towards investing in housing.

 

[brin]

I think a major part of something being a 'bubble' is no one knows or thinks of it as being a 'bubble'. It also has to be speculative in nature... wealth to be created out of 'nothing'. Alternative energy has been around long enough for people to know it is still more expensive than conventional energy systems. Before a bubble could form there would need to be some paradigm shift like cold fusion, 90% efficient solar cells etc. to get people excited and literally throwing money at it.

Not to say that there won't be millions or billions invested in alternative energies that may or may not pan out. Just not sure it will be a 'bubble'.

Right now the next bubble to burst is likely gold. Highly speculative and it 'just keeps going up' kinda like the housing and tech thought processes. Tech had the 'excitement' and 'something from nothing' aspects. Changes in lending fueled speculation in housing and fueled a 'something from nothing' attitude towards investing in housing.

I saw a bit on the news the other day that they now have gold bar vending machines in the middle east...they take credit cards or cash and dispense small gold bars...they said they were coming to the US soon.

Now that reminded me of when Joe Kennedy sold all his stock shortly before the market crash of 1929 and someone asked him why he was so smart to sell...He said > " Well when the shoe shine boy shinning my shoes gave me a stock tip ...I knew the market was oversold and so I sold all I had "

So I agree with you on Gold...the bubble will burst and many folks will lose a lot of money...If time get really tough...it will be land...real estate that becomes valuable, seeds to plant, food, water..necessities...you can't eat gold...and you can't exchange it for food when food is scarce...

 

[milkman]

Here you go, still time to get tickets.

March to Keep Fear Alive

 

[charlz]

I saw a bit on the news the other day that they now have gold bar vending machines in the middle east...they take credit cards or cash and dispense small gold bars...they said they were coming to the US soon.

Now that reminded me of when Joe Kennedy sold all his stock shortly before the market crash of 1929 and someone asked him why he was so smart to sell...He said > " Well when the shoe shine boy shinning my shoes gave me a stock tip ...I knew the market was oversold and so I sold all I had "

So I agree with you on Gold...the bubble will burst and many folks will lose a lot of money...If time get really tough...it will be land...real estate that becomes valuable, seeds to plant, food, water..necessities...you can't eat gold...and you can't exchange it for food when food is scarce...

Well at least the machines give out actual gold... not just a piece of paper saying you own gold. If you can't trade gold for food you certainly can't trade little pieces of paper for food :confused2:

 

[Transit]

Well at least the machines give out actual gold... not just a piece of paper saying you own gold. If you can't trade gold for food you certainly can't trade little pieces of paper for food :confused2:

The next big bubble will be bonds. With inflation growing and interest rates suppressed at near 0 or very low, the national debt at a staggering level and growing and no end in sight. At 14,000 I got out of the market, warned others to do the same and I was told that Im nuts. Predicted 10,000 and nuts again. Predicted 6,000 nuts again.
Be very, very careful where you put your money. I would buy discounted muni bonds.

 

[300UGUY]

I think a major part of something being a 'bubble' is no one knows or thinks of it as being a 'bubble'. It also has to be speculative in nature... wealth to be created out of 'nothing'. Alternative energy has been around long enough for people to know it is still more expensive than conventional energy systems. Before a bubble could form there would need to be some paradigm shift like cold fusion, 90% efficient solar cells etc. to get people excited and literally throwing money at it.

Not to say that there won't be millions or billions invested in alternative energies that may or may not pan out. Just not sure it will be a 'bubble'.

Right now the next bubble to burst is likely gold. Highly speculative and it 'just keeps going up' kinda like the housing and tech thought processes. Tech had the 'excitement' and 'something from nothing' aspects. Changes in lending fueled speculation in housing and fueled a 'something from nothing' attitude towards investing in housing.

Bubbles have to have leverage - lots of cheap borrowed money. I think the alternative energy industry does not have that going for it. Bonds are another story - lots of bond funds are leveraged. Gold will eventually drop as a investment when the economy improves.

 

[YanmarFever]

Bubbles have to have leverage - lots of cheap borrowed money. I think the alternative energy industry does not have that going for it. Bonds are another story - lots of bond funds are leveraged. Gold will eventually drop as a investment when the economy improves.

The economy improve ..........HAHAHAHAHAHA !


This economy will be with us for another 10 years minimum, and we haven't seen the worst yet, wait until crime explodes like Argentina.

Best advise is to GET OUT OF DEBT, and stay there.

 

[DIRTROAD]

This is what The Bible says regarding precious metals as an investment:

Ezekiel 7:19 (New International Version)
19 They will throw their silver into the streets, and their gold will be an unclean thing. Their silver and gold will not be able to save them in the day of the LORD's wrath. They will not satisfy their hunger or fill their stomachs with it, for it has made them stumble into sin.

 

[NuBota]

The economy

Best advise is to GET OUT OF DEBT, and stay there.

Good policy! And, hey, it's easy to do nowadays - just walk away! Was watching The Count of Monte Christo (again) the other day - the notion of debtors prison got me thinking... imagine what it would be like today if they still existed!

Bubbles are always obvious IMHO - easy to see the "too good to be true" aspect. Tech seemed obvious to me when Amazon stock goes through the roof over 5 years without turning a profit. I got out while it was still rising (after what I considered a healthy return) and fared pretty well. I could have made even more, but wasn't worth the gamble to me. And housing - wife and I drove through an "affluent" new neighborhood as prices started to rise - I told her, "Watch, in the next 5 years, when the A.R.M. rates reset - half these houses will be up for sale." But, man! - I had no idea how crazy it would actually get...

I'm no investing wiz - and very conservative with risk - would prefer a "slow and steady" return over the big, high stakes, gamble...

 

[The Dougster]

I recently read something that rings so true.... "Bubbles are the cause of amnesia.... " people seem to forget what happened to last bubble.. lol

 

[forgeblast]

I saw on one site that the us gov is going to add an extra "premium" to silver coins they mint this year. I figure having metals on hand is helpful, gold, silver, lead, brass, copper coated lead.....its a difficult time to figure out what to do.

The U.S. Mint announced today that it is significantly raising the premium on all Silver American Eagle coins. Obviously, every dealer will have to increase their premiums on Silver American Eagle coins.

This breaking news comes on the heels of silver reaching a new 30-year record high over the past week. If you already own Silver American Eagles, the value of your coins has steadily increased

 

[jpm]

i look at gold as a great way to get ******* ( your choice of words). it's ok in jewlery but not a investment

 

[keegs]

WealthTrack Video on Demand