Dot Com Bubble, Real Estate Bubble, and the coming __ Bubble

[HerefordSire]

in the mid to late 1990s, cash went into stocks, especially dot coms. When the bubble burst, we had to find new action for our cash. Around 2003, we started accumulating real estate. Then this bubble burst. So here is the question:

Where is the next asset bubble going to be so we can get there first? Tulips?

 

[1982vett]

Where ya been? Beginning to wonder if you had got lost in the rubble.

Don't know what it will be but you can bet I won't have it.

Guess we can hope the next bust might be fertilizer prices. :mrgreen:

 

[HerefordSire]

Where ya been? Beginning to wonder if you had got lost in the rubble.

Don't know what it will be but you can bet I won't have it.

Guess we can hope the next bust might be fertilizer prices. :mrgreen:

Raw Materials (Basic Materials)? You don't have real estate or stocks?

 

[HerefordSire]

By the way...these derivative contracts centered around real estate paper......there are two sides to every contract (counterparty). When one loses, another gains. You may ask, where did all the money go? I heard people say the money went into the pockets of the last people that sold "real" property and didn't buy again. Hog wash! Let's see if anyone can figure out where the money went! Guesses?

 

[1982vett]

Where ya been? Beginning to wonder if you had got lost in the rubble.

Don't know what it will be but you can bet I won't have it.

Guess we can hope the next bust might be fertilizer prices. :mrgreen:

Raw Materials (Basic Materials)? You don't have real estate or stocks?

Yep, but what good are they when they noone has the cash to buy them, and the cash for that matter is pretty much worthless?

 

[HerefordSire]

Where ya been? Beginning to wonder if you had got lost in the rubble.

Harrah's :mrgreen:

 

[backhoeboogie]

Where ya been? Beginning to wonder if you had got lost in the rubble.

Harrah's :mrgreen:

Harrah's may be a better investment strategy.

 

[HerefordSire]

Yep, but what good are they when they noone has the cash to buy them, and the cash for that matter is pretty much worthless?

Next bubble may be in gold. We could actually see $20,000 per ounce. There is a ton of cash sitting on the sidelines with nowhere to go. Many will take zero percent return for three months if they can get there principal back.

 

[1982vett]

And they said gold was only good to be used in electronics when it was $260 and ounce just a few years ago. :lol:

The base rate on I-bonds is already zero.

 

[HerefordSire]

Harrah's may be a better investment strategy.



When I first stick my card in the machine when I arrive, the host always comes to greet me. I wonder why? :mrgreen:

 

[HerefordSire]

And they said gold was only good to be used in electronics when it was $260 and ounce just a few years ago. :lol:

The base rate on I-bonds is already zero.

Put it this way.....one bubble beget anther bubble...if the .com bubble didn't occur, the mess we are in right now may have not occurred. If this is true, then another bubble is likely in about three years (commencing of accumulation).

 

[1982vett]

It's a vicious cycle.

I guess you could at least feed the gophers with tulips. :lol:

 

[backhoeboogie]

And they said gold was only good to be used in electronics when it was $260 and ounce just a few years ago. :lol:

The base rate on I-bonds is already zero.

Put it this way.....one bubble beget anther bubble...if the .com bubble didn't occur, the mess we are in right now may have not occurred. If this is true, then another bubble is likely in about three years (commencing of accumulation).

You well know that no matter how bad it gets, someone will benefit.

I'm not referring to the pawn shops or wrecking yards, some will prosper well.

 

[dun]

The next biggy to burst will be OIL. eco-diesel, gas and hot air will replace it

 

[Brandonm22]

I don't think you will see $20,000 an ounce. The way things are breaking now I bet we see $2500 an ounce within the next 14 months though.

 

[HerefordSire]

The next biggy to burst will be OIL. eco-diesel, gas and hot air will replace it

I am no energy expert. I would think oil will run to $500 per barrel before being considered a bubble. $500 per barrel is reasonable if a war begins. Usually, in economic hard times like we are on the verge of having, wars break out.

 

[HerefordSire]

I don't think you will see $20,000 an ounce. The way things are breaking now I bet we see $2500 an ounce within the next 14 months though.

As you know, gold is not like other commodities. Not only is it supposed to trade with supply and demand, it can be used as currency. If there is some type of currency crisis in our future, gold could skyrocket.

 

[grannysoo]

The next biggy to burst will be OIL. eco-diesel, gas and hot air will replace it

If I could just put a big tent on Washington DC, I could harness enough hot air to power the world for the next 10,000 years. :dunce:

 

[HerefordSire]

Yep, but what good are they when they noone has the cash to buy them, and the cash for that matter is pretty much worthless?

Next bubble may be in gold. We could actually see $20,000 per ounce. There is a ton of cash sitting on the sidelines with nowhere to go. Many will take zero percent return for three months if they can get there principal back.

Why gold can move to $20,000 per ounce:

The Gold Report: In our last interview you said gold would unquestionably detach from the dollar. Ten months later, gold is still tethered.

John Embry: The downturn in both gold and silver was literally preposterous in magnitude relative to the rise in the dollar. This was a violent intervention by the paper players. Three U.S. banks on COMEX shorted something like 8,000 contracts in a very short time. That’s more ounces than all the world's miners produce in a month.

http://www.theaureport.com/pub/na/1624

 

[chrisy]

Look where all the failed fat cats put there pay outs and perhaps that's where the money bubble will be, it's alright for them to loose our money but not their own.