Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
Stock Maket Trading Lesson - How to REALLY Trade Markets - 26th Nov 21
SILVER Price Trend Analysis - 26th Nov 21
Federal Reserve Asks Americans to Eat Soy “Meat” for Thanksgiving - 26th Nov 21
Is the S&P 500 Topping or Just Consolidating? - 26th Nov 21
Is a Bigger Drop in Gold Price Just Around the Corner? - 26th Nov 21
Financial Stocks ETF Sector XLF Pullback Sets Up A New $43.60 Upside Target - 26th Nov 21
A Couple of Things to Think About Before Buying Shares - 25th Nov 21
UK Best Fixed Rate Tariff Deal is to NOT FIX Gas and Electric Energy Tariffs During Winter 2021-22 - 25th Nov 21
Stock Market Begins it's Year End Seasonal Santa Rally - 24th Nov 21
How Silver Can Conquer $50+ in 2022 - 24th Nov 21
Stock Market Betting on Hawkish Fed - 24th Nov 21
Stock Market Elliott Wave Trend Forecast - 24th Nov 21
Your once-a-year All-Access Financial Markets Analysis Pass - 24th Nov 21
Did Zillow’s $300 million flop prove me wrong? - 24th Nov 21
Now Malaysian Drivers Renew Their Kurnia Car Insurance Online With Fincrew.my - 24th Nov 21
Gold / Silver Ratio - 23rd Nov 21
Stock Market Sentiment Speaks: Can We Get To 5500SPX In 2022? But 4440SPX Comes First - 23rd Nov 21
A Month-to-month breakdown of how Much Money Individuals are Spending on Stocks - 23rd Nov 21
S&P 500: Rallying Tech Stocks vs. Plummeting Oil Stocks - 23rd Nov 21
Like the Latest Bond Flick, the US Dollar Has No Time to Die - 23rd Nov 21
Why BITCOIN NEW ALL TIME HIGH Changes EVERYTHING! - 22nd Nov 21
Cannabis ETF MJ Basing & Volatility Patterns - 22nd Nov 21
The Most Important Lesson Learned from this COVID Pandemic - 22nd Nov 21
Dow Stock Market Trend Analysis - 22nd Nov 21
UK Covid-19 Booster Jabs Moderna, Pfizer Are They Worth the Risk of Side effects, Illness? - 22nd Nov 21
US Dollar vs Yields vs Stock Market Trends - 20th Nov 21
Inflation Risk: Milton Friedman Would Buy Gold Right Now - 20th Nov 21
How to Determine if It’s Time for You to Outsource Your Packaging Requirements to a Contract Packer - 20th Nov 21
2 easy ways to play Facebook’s Metaverse Spending Spree - 20th Nov 21
Stock Market Margin Debt WARNING! - 19th Nov 21
Gold Mid-Tier Stocks Q3’21 Fundamentals - 19th Nov 21
Protect Your Wealth From PERMANENT Transitory Inflation - 19th Nov 21
Investors Expect High Inflation. Golden Inquisition Ahead? - 19th Nov 21
Will the Senate Confirm a Marxist to Oversee the U.S. Currency System? - 19th Nov 21
When Even Stock Market Bears Act Bullishly (What It May Mean) - 19th Nov 21
Chinese People do NOT Eat Dogs Newspeak - 18th Nov 21
CHINOBLE! Evergrande Reality Exposes China Fiction! - 18th Nov 21
Kondratieff Full-Season Stock Market Sector Rotation - 18th Nov 21
What Stock Market Trends Will Drive Through To 2022? - 18th Nov 21
How to Jump Start Your Motherboard Without a Power Button With Just a Screwdriver - 18th Nov 21
Bitcoin & Ethereum 2021 Trend - 18th Nov 21
FREE TRADE How to Get 2 FREE SHARES Fractional Investing Platform and ISA Specs - 18th Nov 21
Inflation Ain’t Transitory – But the Fed’s Credibility Is - 18th Nov 21
The real reason Facebook just went “all in” on the metaverse - 18th Nov 21
Biden Signs a Bill to Revive Infrastructure… and Gold! - 18th Nov 21
Silver vs US Dollar - 17th Nov 21
Silver Supply and Demand Balance - 17th Nov 21
Sentiment Speaks: This Stock Market Makes Absolutely No Sense - 17th Nov 21
Biden Spending to Build Back Stagflation - 17th Nov 21
Meshing Cryptocurrency Wealth Generation With Global Fiat Money Demise - 17th Nov 21
Dow Stock Market Trend Forecast Into Mid 2022 - 16th Nov 21
Stock Market Minor Cycle Correcting - 16th Nov 21
The INFLATION MEGA-TREND - Ripples of Deflation on an Ocean of Inflation! - 16th Nov 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