Its Over, page-419

  1. 10,673 Posts.
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    I dont know, because in reality its technology that is worth a million times more than the raw material.

    Look at what a Drone can do , the size of a 50c piece, with about 20c worth of Raw material, it could fly a drone with a camera that could save a life or prevent a crime. So that drone say it weighs an ounce and has 20c worth of raw materials in it, yet its worth more than an ounce of Gold. Because an ouce of Gold cant prevent a crime or save a life or transmit information to create a value that could on its own could save millions of $$. Locating a Criminal or finding a lost child in the bush. A 20c drone could do that.

    Tech in the 1999 Crash was all spec, with a 2 bit website company trading for Billions on disallowed, but then the tech was basic and almost useless. But now we have tech that can change the World. So sure its possible we get a tech crash. But IMO its tech that could still have 10 years of hyper rally upside in it yet.

    The tech now is real, and also one day soon tech will be able to make anything out of plain old dirt, or recycled stuff, so it could render alot of commods as just plain raw material in over supply. Once tech is there to make stuff from recyled material, and carbon and things of low value, making them into items of high value.

    It is tech that can make a 100k landcruiser out of 1000 bucks worth of raw materials. So More than ever Im a believer in what tech can do, rather than what raw material can do as an investment.

    A tech company can go 10 bag, hundred bag or bust, a Commodity company can go 30% down or 50% up.

    Just my opinion.

    Im holding KTD, 14D and CPV
 
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