Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (337407)	5/12/2007 8:08:37 PM
From: RetiredNow	Read Replies (1) of 1576721

I do believe this is a long term sustainable trend. I do not think this is a fad. In the 1970's, it was all about getting off the oil because of the oil embargo by the Middle East. That was not sustainable. However, now there is a perfect storm. There is the very large desire to not fund terrorism in the Middle East with our oil dollars. There's the indisputable fact of global warming from greenhouse gases. And there is the increasing cost competitiveness of solar, wind, and other renewables. Take away the oil subsidies and renewables become even more cost competitive. The 70's was a fad. This is a new trend. Why don't I invest? I think I will. I'm 4 years from retirement, so I'm horribly conservative right now, but maybe I'll throw just a little bit at that ETF you were talking about. Seems to me there's already been a pretty big runup in renewables. But it is becoming increasingly likely that Democrats will win an even bigger majority in both houses and there will be a Democratic President in 2008. Given that likelihood, there will be plenty more money to make between now and then.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next