interesting prediction

[punter]

I cut this out of an article in market Watch today after I watched Bush say nothing except the neverendingwar in Iraq.

What's next? More asset-backed bubbles. The dot-com '90s created $7 trillion in market value. The housing boom created $12 trillion in "fake wealth." Janszen predicts the next great bubble will be a $20 trillion "alternative energy" bubble. In fact, Wall Street's already hustling biofuels, solar, wind, nuclear, geothermal and hydroelectric as the new alternative energies destined to replace oil, gas and coal in this next new economy.
Timing? The new "alternative energies" bubble will last about 8 years, from a 2005 launch till a peak around 2013, when it will "creatively destruct," when all possible "fake wealth" is squeezed out, when investors wise up to the scam, when that new bubble pops.
In his finale, Janszen admits that when the "alternative energy" bubble finally self-destructs around 2013, "we will be left to mop up after yet another devastated industry," while Wall Street "will already be engineering its next opportunity."
But be warned: Even before we near the end of the "alternative energy" bubble, the law of unintended consequences could trigger a meltdown, not of the bubble but of the "bubble-making machine" itself! The machine will implode, taking down Wall Street, Washington, Corporate America ... and with it, the "new economy," the "new paradigm" and the "bubble-making machine!"

I bought TIM a while ago. Solar fits well into the whole alternative energy thing along with the possible re-emergance of nuclear. What other industry can create such huge spin off profits other than nuclear.

I hope this guys right.

[langman57]

Solar technology is so simple.  We used to own a piece of property in Wyoming. On it, we had a 32' Airstream, complete with on-demand hot water, water pump, tv's, coffee maker, satellite dish and microwave. We had 2 Evergreen panels (3x5) on the roof of a nearby shed  that ran to a 1000 watt inverter. We used 4 RV style marine batteries for storage. It provided 15-20 amp service. Total outlay was about $2000. With a little management, we NEVER ran out of power, and that was only 2 panels! At our current rate, it would easily have paid for itself in three years. There were no moving parts to wear out. The panels were hail proof, and I expected them to last at least 50 years. They can be wired for 12 or 24 volts, and convert to 110-120 normal household service. If you followed the instructions, it was a no-brainer.

It's part education, part tax incentive, and part getting the lobbyists out of the room...I have a hard time believing solar won't be a major force in the future.

[punter]

Heres an interesting take from the Coffin brothers

The short version of this month’s convoluted message is that resource stocks will outperform the market this year, and gold and silver stocks will outperform other resources.

Precious metals stocks didn’t fare that well in the past 18 months. Costs were rising and traders were holding off until they saw another up leg in the bullion price. Well, that up leg is here now and precious metal stocks again have leverage.

While it might seem contradictory to focus on speculative stories in a teetering market we think it makes sense. Its not realistic to expect resource, or any other, stocks to defy gravity in a full on bear market. The greatest potential for a large market fall comes in the next few months.  Barring that, speculative discovery stories should have legs. 

Remember that there is no real shortage of liquidity or money looking for a home.  There’s a shortage of “homes” that don’t look like they will cave in. In liquid markets, traders gravitate to winners, especially winners in sectors that have some buzz. That nicely defines discovery companies in precious metals exploration with gold aimed at the $1000 per ounce mark.

David Coffin and Eric Coffin
From the January 2008 HRA Journal

[john77]

Punter,

Do you have a link to the Coffin newsletter? I am curious if they have commented on uranium resource shares.

[punter]

I'm pretty sure it's www.hardrockanalyst.com. Otherwise they get picked up on the Kitco.com commentary section.

Secondly;
Interesting thing happening next Monday ( I think) in the Wall Street Journal. GATA has apparently taken out full page ad to lambast the manipulation of the gold market and the true state of gold reserves. You could probably get more on the GATA site. $1000 gold coming?

Just speculation. I'd personally be happy to see anything positive filter down to junior golds. What is it going to take to get them out of the dumper?