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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (95314)10/7/2012 9:26:09 PM
From: Maurice Winn3 Recommendations  Respond to of 219785
 
Same: <am unsure where you picked up on my alleged interest on solar plays as an investment object > It was about 5 years ago but a casual search couldn't find it. At the time I commented that photovoltaics were great, theoretically, and I have always liked the idea, but the economics remained terrible and that has proven to be the case with $billions down the gurgler and my old company BP Solar shutting down a year or two ago after decades of success - they were of course unwilling to sell at a loss in the face of swarms of Made in China super low cost photovoltaics. Now Made in China is going bust too.

Leaves remain a low cost way of turning sunlight into fuel.

The paper mania is the biggest game in town at present, so if one likes surfing on manias, it's a fantastic opportunity. It's a multi-$trillion game which has been played for decades, to enormous profits of those who pixelate the profits of control.

In all the fear about hyperinflation, it should be remembered that the Federal Reserve is interested in not killing the goose which lays such a huge number of golden eggs. "In Golden Eggs We Trust" is the world's most profitable game, making Apple's profits look small. It would not be wise to wreck that game. But the USA politicians and electorates seem bent on such mutual assured destruction. The Fed can keep the money game going at enormous profit. They might even contrive to dilute the rubes at 10:1 in one fell swoop, with political backing "in the national interest" of course, nothing to do with their personal profits.

Remember the warning "Don't fight the Fed". They can pull hard in any direction. Decades ago, interest rates went wayyy up. Their interest is in keeping the game going. So far, so good, now with $trillion at a time quantitative easings. The Federal Reserve is not the same as Mugabe's Zimbabwe.

Mqurice