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View Poll Results: Will Gas Prices Hit $5/Gallon by 4th of July?
Yes 14 42.42%
No 12 36.36%
Not Sure/Depends 4 12.12%
Dont' Care - I Can Afford It 3 9.09%
Voters: 33. You may not vote on this poll

 
 
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Old 05-11-2011, 07:48 AM   #28
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Join Date: Nov 2004
Location: New Jersey
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well the cars will be expensive at first. How much did you pay for your first laptop?
I paid $4,500 and that wasn't even the high end of the IBM line at the time. Today you can get a 10X's more powerful laptop at Costco for $400. If no one buys in the begining because new tech is expensive then how will the manufacturers ever get back their R&D and evetually make $40K electric vehicles that will cost $25K? Just wait until gas is raising the price of everything and those electric vehicles will be on the top of the list instead of SUVs.
Also, that's not the only way to put your money where your mouth is. There is now a gloabl x litihium ETF (LIT) that is up $16 to $22 in one year. With the nuclear disaster in Japan the push toward non-nuclear alternative to oil will only ramp up.
Tech needed to produce electric and hybrid vehicles will be in huge demand. The Chinese are already threatening to block the sale of our electric vehicles in their markets if we don't "share" in these technologies. Those electric car guys are going to have the last laugh. It's such a no brainer when you consider how short the average commutte is for an American motorist. we can easily meet those mileage requirements in the short term.
Back in the 1930's after the stock market crash a famous investor bought every stock that was selling for $1 in a panicked market. He made a lot of money when investors realized the value. If you bought one share of every company involved in creating electric vehicles, plug-in hybrids and the battery tech needed to make them run and simply watched the movement of those stocks over the long run you'd have a front row center view of a game change that is now in the works.
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Last edited by Perfectlap; 05-11-2011 at 08:04 AM.
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