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
Investing in Crypto Currencies With Both Eyes WIDE OPEN! - 25th Oct 21
Is Bitcoin a Better Inflation Hedge Than Gold? - 25th Oct 21
S&P 500 Stirs the Gold Pot - 25th Oct 21
Stock Market Against Bond Market Odds - 25th Oct 21
Inflation Consequences for the Stock Market, FED Balance Sheet - 24th Oct 21
To Be or Not to Be: How the Evergrande Crisis Can Affect Gold Price - 24th Oct 21
During a Market Mania, "no prudent professional is perceived to add value" - 24th Oct 21
Stock Market S&P500 Rallies Above $4400 – May Attempt To Advance To $4750~$4800 - 24th Oct 21
Inflation and the Crazy Crypto Markets - 23rd Oct 21
Easy PC Upgrades with Motherboard Combos - Overclockers UK Unboxing - MB, Memory and Ryzen 5600x CPU - 23rd Oct 21
Gold Mining Stocks Q3 2021 - 23rd Oct 21
Gold calmly continues cobbling its Handle, Miners lay in wait - 23rd Oct 21
US Economy Has Been in an Economic Depression Since 2008 - 22nd Oct 21
Extreme Ratios Point to Gold and Silver Price Readjustments - 22nd Oct 21
Bitcoin $100K or Ethereum $10K—which happens first? - 22nd Oct 21
This Isn’t Sci-Fi: How AI Is About To Disrupt This $11 Trillion Industry - 22nd Oct 21
Ravencoin RVN About to EXPLODE to NEW HIGHS! Last Chance to Buy Before it goes to the MOON! - 21st Oct 21
Stock Market Animal Spirits Returning - 21st Oct 21
Inflation Advances, and So Does Gold — Except That It Doesn’t - 21st Oct 21
Why A.I. Is About To Trigger The Next Great Medical Breakthrough - 21st Oct 21
Gold Price Slowly Going Nowhere - 20th Oct 21
Shocking Numbers Show Government Crowding Out Real Economy - 20th Oct 21
Crude Oil Is in the Fast Lane, But Where Is It Going? - 20th Oct 21
3 Tech Stocks That Could Change The World - 20th Oct 21
Best AI Tech Stocks ETF and Investment Trusts - 19th Oct 21
Gold Mining Stocks: Will Investors Dump the Laggards? - 19th Oct 21
The Most Exciting Medical Breakthrough Of The Decade? - 19th Oct 21
Prices Rising as New Dangers Point to Hard Assets - 19th Oct 21
It’s not just Copper; GYX indicated cyclical the whole time - 19th Oct 21
Chinese Tech Stocks CCP Paranoia, VIES - Variable Interest Entities - 19th Oct 21
Inflation Peaked Again, Right? - 19th Oct 21
Gold Stocks Bouncing Hard - 19th Oct 21
Stock Market New Intermediate Bottom Forming? - 19th Oct 21
Beware, Gold Bulls — That’s the Beginning of the End - 18th Oct 21
Gold Price Flag Suggests A Big Rally May Start Soon - 18th Oct 21
Inflation Or Deflation – End Result Is Still Depression - 18th Oct 21
A.I. Breakthrough Could Disrupt the $11 Trillion Medical Sector - 18th Oct 21
US Economy and Stock Market Addicted to Deficit Spending - 17th Oct 21
The Gold Price And Inflation - 17th Oct 21
Went Long the Crude Oil? Beware of the Headwinds Ahead… - 17th Oct 21
Watch These Next-gen Cloud Computing Stocks - 17th Oct 21
Overclockers UK Custom Built PC 1 YEAR Use Review Verdict - Does it Still Work? - 16th Oct 21
Altonville Mine Tours Maze at Alton Towers Scarefest 2021 - 16th Oct 21
How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
The Only way to Crush Inflation (not stocks) - 14th Oct 21
Why "Losses Are the Norm" in the Stock Market - 14th Oct 21
Sub Species Castle Maze at Alton Towers Scarefest 2021 - 14th Oct 21
Which Wallet is Best for Storing NFTs? - 14th Oct 21
Ailing UK Pound Has Global Effects - 14th Oct 21
How to Get 6 Years Life Out of Your Overclocked PC System, Optimum GPU, CPU and MB Performance - 13th Oct 21
The Demand Shock of 2022 - 12th Oct 21
4 Reasons Why NFTs Could Be The Future - 12th Oct 21
Crimex Silver: Murder Most Foul - 12th Oct 21
Bitcoin Rockets In Preparation For Liftoff To $100,000 - 12th Oct 21
INTEL Tech Stock to the MOON! INTC 2000 vs 2021 Market Bubble WARNING - 11th Oct 21
AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
Stock Market Wall of Worry Meets NFPs - 11th Oct 21
Stock Market Intermediate Correction Continues - 11th Oct 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Uranium Mining Stocks: Sanity to Return as Media-Induced Nuclear Power Fear Subsides

Commodities / Uranium Apr 05, 2011 - 02:53 PM GMT

By: Jeb_Handwerger

Commodities

The Cassandras of the media beat the drums of fear concerning Japan’s millennial tragedy, which has been a confluence of perfect storms. There has been a great deal of bad news coming out of Japan which the press has spun into a blanket condemnation of the entire nuclear industry. It is only a matter of time until investors recognize that the media is spinning fear that goes beyond Fukushima. Undoubtedly, their tactic's intention is to sell commercial TV time, even if it means destroying a major source of clean, efficient, and safe energy; nuclear is a vital component of clean and independent energy.


Imagine if we had stopped mining coal after Massey Energy’s (MEE) mining disaster. Consider if we had stopped oil exploration after BP’s (BP) Deepwater Horizon malfunctioned. But now nuclear energy (Market Vectors Uranium+Nuclear Enrgy ETF (NLR)) and uranium mining (Global X Uranium ETF (URA)) are being unfairly painted in the wake of Fukushima Daiichi. Would such an industrial world without nuclear power be less dangerous or cleaner? Let's be rational: For more than 50 years, the American fleet of nuclear reactors has sailed millions of miles without radioactive calamities.

Admittedly, the radiation leaking from Fukushima has created grave risks to human health, but who among us can deny the dangers that fossil fuel pollution poses everyday? Critics can question whether the reactors at Fukushima were deficient in design or antiquated. The media doesn’t say that the Fukushima Daiichi Unit was only two weeks away from its 40-year expiration date when the disaster struck.
What the media chooses not to say is the that plants being built by today’s standards are 1,600 times safer than the nuclear plants of yesteryear. The media fails to say that China is reviewing their reactors, but they are beginning this month to build new-generation, state-of-the-art, safe reactors which are nothing likeJapan's 40-year-old reactors.

They choose not to show the vote of confidence that has been given to the Southern Company (SO) by US nuclear regulators to build two plants near Augusta, Georgia, who said that this project does not present environmental dangers. This decision was made only a few days ago in the face of the media’s slant on Fukushima. The Commission stated they found nothing to stop it from granting licenses to the Southern Company. This is the first time that approval has been granted to build new nuclear reactors in the United States in over 30 years.

We have learned from Fukushima and the new generation of nuclear plants will be stronger and safer than ever. In the 10 years moving forward from 1995, US nuclear generation avoided the release of billions of tons of sulfur dioxide, nitrogen oxide, carbon dioxide and radioactive coal ash into the atmosphere. One can only wonder if we had gone ahead in 1979 after Three Mile Island and built all the planned nuclear power plants, how much further down the road we would be toward energy independence and compliance with the Kyoto Accords. Now the US is at the mercy of Middle Eastern oil and is mired in global conflicts.

There is no form of energy production that is without risk; coal mines can collapse, oil rigs and pipelines can explode, and dams can be breached. Don't forget that Three Mile Island killed no one. Chernobyl was really a Russian weapons factory without a containment structure and was designed to produce material for nuclear bombs.

Overreaction to the Japanese disaster may in the end be worse than the accident itself, if it results in a delay of the nuclear renaissance. We should consider this as the rest of the world leaves the US far behind as they move on with safer and more reliable atomic power and removing their reliance from Middle Eastern fossil fuels.

Uranium investments will once again be seen as a hedge against the Middle East, and we may see a very powerful bounce as the selling seems to be coming to an end. Remember there are 440 reactors currently operating worldwide and many coming online which need uranium. If you can think a few years ahead, then you will realize that this media-induced hysteria was an incredible buying opportunity. Look for sanity to return.

Try my free month of daily intelligence reports and select stocks I research by clicking here.

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