Canbyte

Solar Breaks Oil Price Dependence

Dr Duru's strategy of hedging the solar bet recognizes the idiocy of buying something with a 15 yr payback +/-. Only stupid subsidies make it work. Yes, solar can work on a limited basis (what people afford now like garden lights) and that basis is growing slowly. Unfortunately most people are selfish, herdlike animals -- my own solar collectors have a payback of LESS THAN ONE YEAR but nobody is interested. Truly sustainable solar will be the poor man's solution, not for rich men like Al Gore who will continue to use all the oil they want while enslaving the rest of us with taxes to fund their solar show, oil wars, nuclear power plants that operate at 30% efficiency, and yes, dribs and drabs for Kyoto scams till folks catch on (herdlike). Then the peons will just turn the thermostat way down, most lights off and walk (or ride a horse) to their suburban ghetto home (End of Suburbia).

Don't Count on Spain for Solar Success

Probably time to short these stocks. China RMB (yuan) going to start appreciating rapidly, USD to fall, oil going to take a breather (like gold), Germany & Spain subsidies killed by their success (their taxpayers can't afford it), rural Chinese can't afford this stuff any more than I can (suspect that is true for most of the pumpers here too). All this means that people are coming to their senses about these cells which after all are not very efficient but are very expensive. While the Preacher may be right, he may have to wait for the development of nano solar or some such thing for the next leg of this bull market and it is therefore doubtful that any of these stocks will be the next leader. In the meantime, all these stocks are priced in USD and therefore subject to large decline unless they can appreciate faster than USD declines.