Friday, June 10, 2011

A Short Market Analysis

Ladies and Gentlemen,

Energy is obviously one of the most important factors of industrial production... Fossile energy sources (crude oil or coal) are getting rare, dangerous and very expensive... So that industrial production cannot really be based on them any more...

Renewable energies (e.g. solar power and hydrogen) which are already acknowledged as the energies of the future are not there in serious amounts for the industry yet and they are still expensive, too... This temporary chaos in the energy sources and the probably most important change in the basics of industrial production since the steam machine may explain the situation of the stock market nowadays...

Best wishes, Joseph de la Mikula and Team

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