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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (70496)9/29/2008 12:12:16 AM
From: marek_wojna2 Recommendations  Read Replies (1) of 74559
 
Thanks for the nice outlook, Maurice. I'm not sure about Kiwi Land but my both nieces who live in suburbs of Sydney in Australia considering walking out from their very expensive houses. Oil is not so much OPEC any more. Oilsands in Alberta will be in not so distant future be able to meet all the imports to US. Alternative energy has the chance if they come with the lithium battery double the capacity of the one they use now. 140wh/per kg. They already achieved that number but cost is astronomical. Too bad I missed Google but barbaric futures made up for that. I still believe black market will soon emerge for gold and silver. History repeats itself. It is almost impossible to buy silver and lots of gold stuff. Interesting - price hovering close to $1000 and nobody selling scrap. That's not like in 79. Yes, DOW might even go to 20000 but it is the end of an era of free markets and true capitalism. As for the oil by all accounts should be down 50% months ago. Reason is US is not anymore powerhouse. Asia is. Maybe lack of silver is like repeat of Canton, Hong Kong and opium. Let's go figure out what kind of "opium" China will get addicted to, problem is it have to be the kind they cannot produce for the long time. Count on oil $200 in 2 years, charts became too widespread knowledge

May we live in interesting times - Marek
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