Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
Virgin Media Fibre Broadband Installation - What to Expect, Quality of Wiring, Service etc. - 21st Jun 21
Feel the Inflationary Heartbeat - 21st Jun 21
The Green Superfuel That Could Disrupt Global Energy Markers - 21st Jun 21
How Binance SCAMs Crypto Traders with UP DOWN Coins, Futures, Options and Leverage - Don't Get Bogdanoffed! - 20th Jun 21
Smart Money Accumulating Physical Silver Ahead Of New Basel III Regulations And Price Explosion To $44 - 20th Jun 21
Rambling Fed Triggers Gold/Silver Correction: Are Investors Being Duped? - 20th Jun 21
Gold: The Fed Wreaked Havoc on the Precious Metals - 20th Jun 21
Investing in the Tulip Crypto Mania 2021 - 19th Jun 21
Here’s Why Historic US Housing Market Boom Can Continue - 19th Jun 21
Cryptos: What the "Bizarre" World of Non-Fungible Tokens May Be Signaling - 19th Jun 21
Hyperinflationary Expectations: Reflections on Cryptocurrency and the Markets - 19th Jun 21
Gold Prices Investors beat Central Banks and Jewelry, as having the most Impact - 18th Jun 21
Has the Dust Settled After Fed Day? Not Just Yet - 18th Jun 21
Gold Asks: Will the Economic Boom Continue? - 18th Jun 21
STABLE COINS PONZI Crypto SCAM WARNING! Iron Titan CRASH to ZERO! Exit USDT While You Can! - 18th Jun 21
FOMC Surprise Takeaways - 18th Jun 21
Youtube Upload Stuck at 0% QUICK FIXES Solutions Tutorial - 18th Jun 21
AI Stock Buying Levels, Ratings, Valuations Video - 18th Jun 21
AI Stock Buying Levels, Ratings, Valuations and Trend Analysis into Market Correction - 17th Jun 21
Stocks, Gold, Silver Markets Inflation Tipping Point - 17th Jun 21
Letting Yourself Relax with Activities That You Might Not Have Considered - 17th Jun 21
RAMPANT MONEY PRINTING INFLATION BIG PICTURE! - 16th Jun 21
The Federal Reserve and Inflation - 16th Jun 21
Inflation Soars 5%! Will Gold Skyrocket? - 16th Jun 21
Stock Market Sentiment Speaks: Inflation Is For Fools - 16th Jun 21
Four News Events That Could Drive Gold Bullion Demand - 16th Jun 21
5 ways that crypto is changing the face of online casinos - 16th Jun 21
Transitory Inflation Debate - 15th Jun 21
USDX: The Cleanest Shirt Among the Dirty Laundry - 15th Jun 21
Inflation and Stock Market SPX Record Highs. PPI, FOMC Meeting in Focus - 15th Jun 21
Stock Market SPX 4310 Right Around the Corner! - 15th Jun 21
AI Stocks Strength vs Weakness - Why Selling Google or Facebook is a Big Mistake! - 14th Jun 21
The Bitcoin Crime Wave Hits - 14th Jun 21
Gold Time for Consolidation and Lower Volatility - 14th Jun 21
More Banks & Investors Are NOT Believing Fed Propaganda - 14th Jun 21
Market Inflation Bets – Squaring or Not - 14th Jun 21
Is Gold Really an Inflation Hedge? - 14th Jun 21
The FED Holds the Market. How Long Will It Last? - 14th Jun 21
Coinbase vs Binance for Bitcoin, Ethereum Crypto Trading & Investing During Bear Market 2021 - 11th Jun 21
Gold Price $4000 – Insurance, A Hedge, An Investment - 11th Jun 21
What Drives Gold Prices? (Don't Say "the Fed!") - 11th Jun 21
Why You Need to Buy and Hold Gold Now - 11th Jun 21
Big Pharma Is Back! Biotech Skyrockets On Biogen’s New Alzheimer Drug Approval - 11th Jun 21
Top 5 AI Tech Stocks Trend Analysis, Buying Levels, Ratings and Valuations - 10th Jun 21
Gold’s Inflation Utility - 10th Jun 21
The Fuel Of The Future That’s 9 Times More Efficient Than Lithium - 10th Jun 21
Challenges facing the law industry in 2021 - 10th Jun 21
SELL USDT Tether Before Ponzi Scheme Implodes Triggering 90% Bitcoin CRASH in Cryptos Lehman Bros - 9th Jun 21
Stock Market Sentiment Speaks: Prepare For Volatility - 9th Jun 21
Gold Mining Stocks: Which Door Will Investors Choose? - 9th Jun 21
Fed ‘Taper’ Talk Is Back: Will a Tantrum Follow? - 9th Jun 21
Scientists Discover New Renewable Fuel 3 Times More Powerful Than Gasoline - 9th Jun 21
How do I Choose an Online Trading Broker? - 9th Jun 21
Fed’s Tools are Broken - 8th Jun 21
Stock Market Approaching an Intermediate peak! - 8th Jun 21
Could This Household Chemical Become The Superfuel Of The Future? - 8th Jun 21
The Return of Inflation. Can Gold Withstand the Dark Side? - 7th Jun 21
Why "Trouble is Brewing" for the U.S. Housing Market - 7th Jun 21
Stock Market Volatility Crash Course (VIX vs VVIX) – Learn How to Profit From Volatility - 7th Jun 21
Computer Vision Is Like Investing in the Internet in the ‘90s - 7th Jun 21
MAPLINS - Sheffield Down Memory Lane, Before the Shop Closed its Doors for the Last Time - 7th Jun 21
Wire Brush vs Block Paving Driveway Weeds - How Much Work, Nest Way to Kill Weeds? - 7th Jun 21
When Markets Get Scared and Reverse - 7th Jun 21
Is A New Superfuel About To Take Over Energy Markets? - 7th Jun 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