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Monday
Sep282015

Cigar Lake mine officially starts production

One of the planet's richest uranium mines has officially declared production, putting an end to 34 years of delay for the project, majority-owned by Cameco Corporation (TSX, NYSE: CCO).

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Monday
Sep282015

Tough times, no easy answers for Pilgrim Nuclear Power Plant

The Pilgrim Nuclear Power Station was already facing rising costs, declining revenues, and an energy market increasingly inhospitable to nuclear power. And then the federal Nuclear Regulatory Commission delivered some really bad news.

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Friday
Sep252015

The Fed’s Alice In Wonderland Economy - What Happens Next?

The Fed’s Alice In Wonderland Economy - What Happens Next?

By Nick Giambruno

After the president of the United States, the most powerful person on the planet is the chairman of the Federal Reserve.

Ask almost anyone on the street for the name of the U.S. president, and you’ll get a quick answer.

But if you ask the same person what the Federal Reserve is, you’ll likely get a blank stare.

They don’t know - partly due to the institution’s deliberately obscure name - that the Fed is really the third iteration of the country’s central bank.

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Thursday
Sep242015

The Bull Market is Over

The Bull Market is Over

By Justin Spittler

Stocks had a horrible day Tuesday…

The S&P 500 lost 1.23%. The Dow Jones Industrial Average lost 1.09%.

Indices around the world also fell…

The Euro Stoxx 600, which tracks 600 of Europe’s biggest companies, lost 3.12%. Germany’s DAX lost 3.80%. Japan’s Nikkei 225 lost 1.96%.

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Wednesday
Sep232015

Meet Nuclear Power’s Comeback Kids

 

The biggest misperception of nuclear is the safety side: understanding what really happened at the accidents that gave the industry that blemish— Jacob Dewitte, UPower

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Wednesday
Sep232015

How to Stop a Pickpocket

How to Stop a Pickpocket

By Justin Spittler

Los Angeles wants to blow billions of tax dollars…

The Olympics are a spectacle. The athletes are incredible to watch. But hosting the games is a usually a big money-loser for the venue city.

Russia went $39 billion over budget hosting the 2014 Sochi games. Vancouver ended up $1 billion in debt after hosting the 2010 Winter Olympics. Athens spent about $16 billion – roughly 5% of Greece’s GDP – on the 2004 Summer Olympics. Some economists say the huge cost even contributed to Greece’s debt crisis.

Now Los Angeles wants

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Monday
Sep212015

Should You Worry That the Stock Market Just Formed a “Death Cross”?

Should You Worry That the Stock Market Just Formed a “Death Cross”?

By Justin Spittler

The world economy appears to be stalling…

Yesterday, we got news that South Korea’s exports dropped 14.7% since last August...their largest decline since the financial crisis. It’s far worse than the 5.9% drop economists were expecting.

South Korea’s exports are important because they’re considered a “canary in the coalmine” for the global economy. South Korea is a major exporter to the largest economies in the world including China, the US, and Japan. South Korea also releases its export numbers much earlier than other major countries.

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Sunday
Sep202015

UK guarantees £2bn nuclear plant deal as China investment announced

Chancellor George Osborne has announced that the UK will guarantee a £2bn deal under which China will invest in the Hinkley Point nuclear power station.

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Thursday
Sep172015

Tennessee Valley Authority Kicks Off A Potential Nuclear Energy Rebirth

A nuclear evolution is now occurring, in Tennessee. While it’s been a long and slow process, the Tennessee Valley Authority is moving closer to starting up one of its nuclear plants that it expects will displace coal and help curb the region’s carbon emissions.

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Wednesday
Sep162015

Jim Rogers on Timeless Investing Strategies You Can Use to Profit Today

Jim Rogers on Timeless Investing Strategies You Can Use to Profit Today

By Nick Giambruno

Recently I spoke with Jim Rogers about the most important investment lessons he has learned over the years.

Jim is a legendary investor and true international man. He’s always ahead of the game. Jim made a bundle by investing in commodities in the 1990s when they were out of favor with Wall Street. He’s also made large profits investing in crisis markets.

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