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Thursday
Feb212019

China’s Inland Civil Nuclear Strategy: Making the Case at Home First

Western environmental and energy policy communities have long berated China for refusing to abandon its reliance on thermal coal, the lifeblood of its industrial economy. But China’s commitment to expanding renewables has actually been extraordinary. Solar energy only became a viable solution in most OECD economies in 2013, after China had poured into the market and made cells affordable. A similar story occurred in 2016 with batteries for electric vehicles and hybrids; these only became a reality once Chinese component-makers could produce batteries cheaply enough to create economies of scale.

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Wednesday
Feb202019

Shelved nuclear power plans leave UK government's energy policy in hot water

The UK government’s nuclear energy policy is in disarray after the Japanese company Hitachi stopped work on a proposed plant in Wylfa last month. The move comes just months after fellow Japanese firm Toshiba shelved plans to build a nuclear power station in Cumbria.

On 17 January 2019, Horizon Nuclear Power, the Hitachi-owned subsidiary responsible for the Wylfa project, put all construction at the site on hold. The £15 billon 2.9GW nuclear power plant was to have a 60-year operational life. Hitachi also scrapped plans for another reactor at Oldbury.

Hitachi has already invested around £2 billion into the Wylfa project prior to the announcement, with the UK government offering to invest £5 billion. But spiralling costs led to doubts that the project would survive through financing negotiations.

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Monday
Feb112019

Cameco says improved uranium market not enough to warrant new supply

A quick update re: Cameco found on Seeking Alpha earlier:

 

Cameco (CCJ +0.3%warns against investing in new uranium mines, saying "even the promise" of new supply could create a headwind and place downward pressure on uranium prices.

"There is plenty of idle tier one production and tier one expansion capabilities, as well as idle tier two production and expansion capabilities," CCJ says. "And we can't lose sight of material sitting with financial players. This is capacity that can come back to the market relatively quickly. As a result, new supply poses a significant risk to the uranium market recovery."

CCJ says interest in long-term contracting has returned, but prices and contracting opportunities are not where they should be to restart idled capacity or warrant investment in growth opportunities.

The company also says the possibility of Section 232 U.S. tariffs on uranium imports is still creating uncertainty.

Shares are slightly higher after reporting better than expected Q4 earningswhile saying 2019 gross margin could come in weaker.

LINK


In the last year Cameco has risen from $8.50 to $12.32 so maybe we shouldnt be too despondant

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Wednesday
Jan232019

Now that UK nuclear power plans are in tatters, it’s vital to double down on wind and solar




Now that Japanese giants Toshiba and Hitachi have walked away from UK nuclear power projects that had previously been abandoned by others, it has forced the government to reassess the pro-nuclear bias of its energy policy. Greg Clark, the UK business secretary, has recognised that nuclear power is no longer cost competitive with renewable energy, but don’t expect any extra push into the cheaper technology.

There is easily enough solar and wind energy available to make up for the cancellation of the nuclear projects and to produce the low-carbon electricity required to make the UK’s 2030 carbon emissions targets achievable.

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Monday
Jan142019

Only Nuclear Energy Can Save the Planet

Locals fish on the Vienne River near the nuclear plant in Civaux, France, which began operating in 1999.

Locals fish on the Vienne River near the nuclear plant in Civaux, France, which began operating in 1999. PHOTO: SIPA/ASSOCIATED PRESS

Do the math on replacing fossil fuels: To move fast enough, the world needs to build lots of reactors

Most countries’ policies are shaped not by hard facts but by long-standing and widely shared phobias about radiation.

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Thursday
Dec202018

Uranium Will Be Best Performing Metal In 2019 – Expert



Published on Dec 20, 2018

Uranium is likely to outperform other metals in 2019, said Lobo Tiggre of Independent Speculator, formerly known as

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Monday
Dec032018

Central Bankers, The U.S. Dollar and The Inverse Relationship with Gold

Preamble

There are a myriad of factors that need to be taken into consideration before one can determine the direction of a particular market sector and therefore place a trade. Supply and demand is a popular one when considering the fundamental analysis as are the moving averages when considering technical analysis. Rightly or wrongly we consider the inverse relationship between the US Dollar and Gold to be very important and along with the words and actions of the central bankers.

On Wednesday the 28th November 2018 we saw action in the markets that clearly displayed the relationship of these three factors.

Charts of the USD and Gold

Taking a quick look at the chart of the US Dollar we can see it fell sharply on Jay Powell’s words.

 

The Gold chart shows the inverse reaction to the dollar as it bounced on the dollars demise.

 More.........

 

Friday
Oct122018

The S&P500 Fall and Its Effect On The Precious Metals Sector

Just for those interested in the S&P500 and its relationship to the precious metals sector.

 

Preamble

Market sectors are interlinked and what boosts one particular sector can put downward pressure on other sectors. We have seen the recent action by the Fed in raising rates and the boosting effect that they have on the US Dollar. A strengthening dollar has an inverse effect on gold and silver and the associated precious metals producers and so gold bugs have suffered accordingly.

The action in the financial markets of the last few days has seen a correction from historic highs as investors decided to take profits and place their investment funds elsewhere. During Thursday’s trading session on the NYSE the DOW Jones was down 545 points, following an earlier fall of some 800 points. The S&P500 also fell in a similar fashion and both indices closed below their respective 200day moving averages.

It should also be noted that the dollar also lost ground despite the recent rate hikes and the stated intention of the Fed to continue with the policy of rate ‘normalization.’ Both of these factors helped gold and silver prices to recover and this in turn saw investors taking a tad more interest in the associated mining companies. The biggest gold producer on the planet, Barrick Gold Corp (ABX) gained 9.39% in Thursdays trading session. In stock market parlance it is unusual for an elephant to sprint but on this occasion, Barrick proved to be the exception to the rule.

The Chart of the S&P500

 

 

The above chart of the SPX clearly depicts.......

MORE....

 

Last week was a really interesting week for gold - was it a minor jump or the start of a new rally?

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

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If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

 

 

 


 

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Monday
Sep242018

Saudi Arabia to unlock region’s nuclear energy potential

Saudi Arabia’s atomic energy programme is fundamental for developing a sustainable energy sector, energy minister Khalid Al-Falih told the 62ndGeneral Conference of International Atomic Energy Agency (IAEA) in Vienna.

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Wednesday
Aug292018

Nuclear power plant of the future?

Despite a spate of headlines to the contrary, the Russian behemoth currently tied to a dock in Murmansk is not the world’s first floating nuclear power plant. That honor went to the MH-1A Sturgis, built by the US Army and towed to the Panama Canal Zone more than 50 years ago to be used as a portable electricity supply. It is currently being dismantled in Galveston, Texas, a four-year job that is nearly done.

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