Renewable Energy

Alot of people are concerned about the future and economic growth of this country. The introduction of computers drove growth in the 80's, the Internet is driving the 90's and the current decade, but what will take over the reins and keep the US on top as China and India try to make a claim as the world's most productive and wealthy nation?

Renewable Energy. From 2009 through 2025, the future of the US will be technological developments in renewable energy. The next president will likely push an agenda that gives serious corporate and residential incentives to reduce carbon use and create new technologies that limit the use of Oil.

Of course, nanotechnology will be a major part of this effort.

The next asset bubble

Well, it took awhile, but the housing bubble finally burst in 2007, a mere seven years after the stock market bubble burst in 2000. What is the next asset bubble. Depends on who you talk to. Precious Metals? Oil? Gold?

Here's my take. As stocks hit the doldrums in 2008, money will be looking for somewhere to sit and get a nice return. In a recessionary era, Gold often is the place to reside. Look for Gold to get up to $1,200 an ounce if not higher. It may even hit $1,500, but by 2012 it'll be back down around $500 an ounce once our new president sets a new agenda to get this country's economy moving.

I see Oil between $75 and $125 for the foreseeable future and other precious metals close to the range they are at now as long as India and China continue their robust growth.