James Siminoff RSS

I am currently the CEO and Co-Founder of Unsubscribe.com the former CSO of Ditech Networks Nasdaq (DITC) the founder and former CEO of PhoneTag, founder/principal in NobelBiz and founder of GRID.com. This blog is about my life as a serial entrepreneur, husband, traveler, inventor and father.

jsiminoff@PhoneTag.com













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Jun
7th
Sat
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Oil is becoming a BIG bubble, the same as the tech stocks and real estate.  You can see the bubble growing with articles like the one above in the WSJ today. When it was tech stocks there was a “change in fundamentals” when it was real estate it was “it will never go down it is real estate” and now it is oil and it is “there is not enough”. There is more then enough and they continue to find more and alternative sources.  My guess is that once the bubble bursts (probably 18-24 months from now) oil will be around $60 per barrel.

Oil is becoming a BIG bubble, the same as the tech stocks and real estate.  You can see the bubble growing with articles like the one above in the WSJ today.

When it was tech stocks there was a “change in fundamentals” when it was real estate it was “it will never go down it is real estate” and now it is oil and it is “there is not enough”.

There is more then enough and they continue to find more and alternative sources.  My guess is that once the bubble bursts (probably 18-24 months from now) oil will be around $60 per barrel.

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