Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
The Most Exciting Biotech Stock Of The Year? - 17th May 21
Gold Mining Stocks Fundamentals - 17th May 21
Junior Gold Miners Should be Rallying – What’s Holding Them Back? - 17th May 21
Stock Market - Should You Be In Cash Right Now? - 17th May 21
Learning the Financial Markets - 17th May 21
INVESTING IN HIGH RISK TECH STOCKS - ALL OR NOTHING - 16th May 21
Is Stock Market Selling Madness About Over? - 16th May 21
Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
Budgies Birds of Paradise Indoor Grape Vine Singing, Chirping and Flying Parakeets Fun 3D VR180 UK - 16th May 21
Wall Street Roiled by Hot Inflation Data: Is This REALLY “Transitory”? - 16th May 21
Inflation Going Stag - 16th May 21
CHIA Coins After 1st Week of Plotting 140 Plot 14tb Farm. Crunching the Numbers How to Win - 15th May 21
Tips to Create the Best Cross-Functional Teams - 15th May 21
Gold: Lose a Battle to Win the War - 14th May 21
Are You Invested in America’s “Two-Hour Boom” Fast Shipping Stocks? - 14th May 21
Gold to Benefit from Mounting US Debt Pile - 14th May 21
6 Solid Signs You Should Have Your Smart Device Repaired Right Away - 14th May 21
Ways to Finance Your Business Growth - 14th May 21
Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
How Much CHIA Coins Profit from 100 Plot 10tb Farm? Hard Drive Space Mining - 13th May 21
Stock Market Bulls Getting Caught in the Whirlwind - 13th May 21
Legoland Windsor Mini land and Sky Train Virtual Tour in VR 360 - UK London Holidays 2021 - 13th May 21
Peak Growth and Inflation - 13th May 21
Where’s The Fed? Watch Precious Metals For Signs Of Inflation Panic - 13th May 21
Coronavius Covid-19 in Italy in August 2019! - 13th May 21
India Covid Apocalypse Heralds Catastrophe for Pakistan and Bangladesh - 13th May 21
TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
Gold Price During Hyperinflation - 12th May 21
Stock Market Extending Phase Two? - 12th May 21
Crypto 101 for new traders – ETH or BTC? - 12th May 21
Stock Market Enters Early Summer Correction Trend Forecast Time Window - 11th May 21
GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
Cathy Wood Bubble Bursts as ARK Funds CRASH! Enter into a Severe Bear Market - 11th May 21
Apply This Technique to Stop Rushing into Trades - 10th May 21
Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
CHIA Getting Started SSD Crypto Mining by Plotting and Farming on Your Hard Drives Guide - 9th May 21
Yaheetech Mesh Best Cheap Computer /. Gaming Chairs on Amazon Review - 9th May 21
Breaking US Trade Embargo with Cuba - Build 7 Computers in 14 Hours Before Ship Sales Challenge - 9th May 21
Dripcoin Applies New Technology That Provides Faster Order Execution - 9th May 21
Capital Gains Tax Hike News: Was It REALLY to Blame for Sell-off? - 7th May 21
Stock Market Transportation Index Continues To Grind Higher - 7th May 21
SPX Stock Market Correction Arriving or Not? - 7th May 21
How to Invest in an Online Casino? - 7th May 21
Gold & Silver Begin New Advancing Cycle Phase - 6th May 21
Vaccine Economic Boom and Bust - 6th May 21
USDX, Gold Miners: The Lion and the Jackals - 6th May 21
What If You Turn Off Your PC During Windows Update? Stuck on Automatic Repair Nightmare! - 6th May 21
4 Insurance Policies You Should Consider Buying - 6th May 21
Fed Taper Smoke and Mirrors - 5th May 21
Global Economic Recovery 2021 and the Dark Legacies of Smoot-Hawley - 5th May 21
Utility Stocks Continue To Rally – Sending A Warning Signal Yet? - 5th May 21
ROIMAX Trading Platform Review - 5th May 21
Gas and Electricity Price Trends so far in 2021 for the United Kingdom - 5th May 21
Crypto Bubble Mania Free Money GPU Mining With NiceHash Continues... - 4th May 21
Stock Market SPX Short-term Correction - 4th May 21
Gold & Silver Wait Their Turn to Ride the Inflationary Wave - 4th May 21
Gold Can’t Wait to Fall – Even Without USDX’s Help - 4th May 21
Stock Market Investor Psychology: Here are 2 Rare Traits Now on Display - 4th May 21
Sheffield Peoples Referendum May 6th Local Elections 2021 - Vote for Committee Decision's or Dictatorship - 4th May 21
AlphaLive Brings Out Latest Trading App for Android - 4th May 21
India Covid-19 Apocalypse Heralds Catastrophe for Pakistan & Bangladesh, Covid in Italy August 2019! - 3rd May 21
Why Ryzen PBO Overclock is Better than ALL Core Under Volting - 5950x, 5900x, 5800x, 5600x Despite Benchmarks - 3rd May 21
MMT: Medieval Monetary Theory - 3rd May 21
Magical Flowering Budgies Bird of Paradise Indoor Grape Vine Flying Fun in VR 3D 180 UK - 3rd May 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Seven Steps To Reclaiming The Nuclear Energy Initiative

Commodities / Nuclear Power Feb 11, 2011 - 04:20 PM GMT

By: Jeb_Handwerger

Commodities

Best Financial Markets Analysis ArticleOnce there was a time when America bestrode the nuclear world as a colossus.  Names such as Einstein, Oppenheimer, Manhattan Project helped to win World War 2 and contribute to many peacetime applications as well.  Over the ensuing decades the United States allowed other nations to take the lead in the development of nuclear power. 


         Recently I wrote an article depicting the French Leader Sarkozy celebrating the multi-billion dollar agreement with India to build a new generation of safe nuclear reactors for the next 25 years.  We have a become a nation asleep at the switch while the world is developing cheap, non carbon electricity.  Many countries, especially Asian nations are building reactors with many proposed to come online in the future.  France is the world leader building facilities in England, Finland, China, Italy and India among others.  Even countries rich with oil such as Saudi Arabia and Iran have goals of building nuclear power generation.  Doesn’t that show the winds of change are blowing?

         Jeff Immelt, Ceo of General Electric (GE), has gone on record to decry the snails pace at which nuclear plant construction is proceeding in the United States.  He noted that we are building only one plant at a time of mass unemployment and mounting national debt. 

         Additional new nuclear plants are springing up elsewhere.  South Korea gets a significant amount of electricity from nuclear and Korea Electric Power (KEP) has been competing with giants for nuclear plant construction.  Taiwan is beefing up its power grid by going nuclear as well.  The Russians have signed nuclear agreements with Iran, China, Venezuela and Nigeria.  Yet we dragged  our feet.  It is apparent that America has no time to lose in the nuclear race. 

         Actually this crisis presents a singular opportunity for alert readers to make large profits in a rapidly growing sector catalyzed by volatile world developments.  Under our very noses we are witnessing the possible loss of our oil supplies via such threats of the closure of the naval chokehold, Suez and Hormuz.  There was little coverage over the weekend of the explosion in Northern Sinai of the Egyptian-Israel-Lebanon-Jordan natural gas pipeline by terrorists and believe a renewed interest will arise in light of recent events in the Middle East.  Now investors are celebrating Mubarek’s departure, however a leaderless nation with a power vacuum may be the perfect environment for a geopolitical explosion.

         I propose the following 7 step program to rebuild our nuclear legacy and at the same time provide profitable opportunities for my readers.
  1. Overhauling the Federal Nuclear Loan Guarantee Program so that domestic mining companies such as UR-Energy (URG) and Uranerz (URZ),construction companies such as Shaw Group (SHAW) and ABB (ABB) and component suppliers are given reasonable and competitive repayment loans. 
  2. Taking advantage of public sentiment, which is rising in favor of the expansion of nuclear energy to power our growing need for electricity.  This outreach will help to relieve our dependence on foreign fossil fuels.  Nuclear can provide an inexpensive source of energy for many years for the benefit of our homes, businesses and environment. 
  3. The building of new plants will create many high paying, skilled jobs in mining, plant construction, engineering, and ancillary industries that make components that go into these facilities.
  4. Such a national reawakening would make us competitors internationally and help to reduce our growing trade deficits. 
  5. Streamlining federal laws that will act to eliminate red tape and bureaucratic boondoggling that are now hindering the growth of these vital industries.  For example Duke Energy (DUK)proposed purchase of Progressive Energy, a deal that would create the nation’s largest utility, already has stated that they would like to build new nuclear plants adding to the 12 units at seven sites in the Carolinas and Florida.  They are actively seeking regulatory approval to build six new Westinghouse reactors.  Such approval should be accelerated.
  6. New methods of nuclear waste disposal should be developed in the United States.  The French have been pioneers in developing new methods of disposal of nuclear waste.  For years they have been successfully recycling nuclear waste for usable energy through its Areva Corportion(ARVCF).  It is time to disarm the critics of nuclear energy by changing the negative mindset resulting from Chernobyl and Three Mile Island.
  7. Critics of such new programs may say they are too costly.  I maintain they would pay for themselves in new jobs for plant construction, engineering and mine development. 

A final note should be mentioned concerning the private dinner held by President Obama of the U.S. and President Hu from China.  A number of important partnerships were concluded at this meeting by companies such as Duke Energy, China Power Investment Corporation, Alcoa (AA) and Shenhua Group.  It is interesting to note that Klaus Kleinfeld, Alcoa’s CEO, said that the Hu-Obama Summit helped push the joint initiative forward.  He said if it was not for this private dinner, “The agreement would not have happened in a speedy fashion.” 

         The importance of such arrangements in which nuclear energy plays a vital role must not be overlooked.  The platforms are in place.  All that is needed is that the American legislators and administrators efficiently provide the stimulus to move the development of nuclear energy forward in order to reclaim our legacy.

         Uranium prices are over $70 a pound as China, Russia and India look for clean and cheap energy solutions. I wrote an article back, “Is America Falling Asleep at the Switch With Uranium.” Since that time a lot of investors, utilities and legislators have awaken.

         President Obama signed an executive order to speed up mine development and streamline development in order to spur job growth. Energy independence and clean alternative energy is gaining popularity in Washington as evidenced by Obama’s recent State of the Union address.  Uranium stocks have soared since my early October buy signal to readers.  It is important to monitor the few juniors who are aggressively looking to grow their uranium pounds in the ground by possible acquisitions or exploration. What better time than now for these companies to expand their pounds in the ground.  Look for additional acquisitions and consolidations in 2011.  Cameco (CCJ), Denison (DNN) and Paladin (PDN) are all looking to expand their operations and resources. 

I invite you to partake in my Free 30 day Daily Intelligence Reports on key companies in this rapidly developing sector at http://goldstocktrades.com/premium-service-trial

By Jeb Handwerger

http://goldstocktrades.com

© 2011 Copyright Jeb Handwerger- All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in