CNBC Shills For Uranium: The Secret is Getting Out

We might be due for a pullback, lads. The shills over at CNBC just published an article, rehashing month old news about uranium supply cuts in Kazakhstan and pointing out the obvious: nuclear energy is the single best, clean, source of energy. Forget wind and solar. We have the ability to split atoms, damn it — harnessing the power of physics to produce unlimited energy.

Granted, every so often our human traits leads us towards disaster and nuclear meltdowns occur. But perhaps we’ll get better lessons from the aliens next time.

Source: CNBC

“(Nuclear power) is undergoing quite a resurgence. A lot of countries are recognizing that nuclear power is the baseload supply of electricity that is emissions-free,” he added.
This is particularly in China where air pollution from coal-powered plants have become a social and political issue.

There are some 61 nuclear plants being built globally with another 150 being planned, so the demand outlook for uranium is much stronger than that for other fossil fuels, said Mark Jolley, equity strategist at CCB International Securities.
Macquarie Bank was more circumspect on the current rally, noting that the jump was from a low base as prices tanked to a 12-year low of $18 per pound low in November, with the run-up lagging gains in the energy complex.

“Uranium pricing is currently trading 50 percent of where it was 40 years ago in nominal terms – never mind adjusting for inflation. There is no other commodity for which this is true. Essentially, this has put uranium in the situation where many peer commodities were at this time last year, trading too far into the cost curve for pricing to be sustainable,” analysts wrote in a report on Jan. 20.

Even so, the Australian bank was upbeat on the outlook on confidence in the U.S., the world’s largest uranium consumer.
“With the closure of a large number of nuclear power plants announced earlier in 2016 on economic grounds, legislative actions in New York and Illinois keeping some of these open will provide both more optimism and spot market demand into 2017,” Macquarie analysts wrote.

I’m long $UEC and $URG with about 40% of my assets.

This is old, but I never read it before. This lends some color on the feud between both Cuban and Trump. Apparently, Trump has been talking extreme shit forever. Check out this letter he wrote Mark back in 2004 — after his show had been canceled.

When I read this, I actually thought it was a fake. Being in the digital publishing business, I was scared to post it without corroboration.

This will suffice.

BONUS: Letter to Jerry Seinfeld

Some guy named “Jim Stone“, who dubs himself to be an investigative freelance journalist, has been blogging about the cool happenings at the Oroville dam.

Since his site is under a DDOS attack, I am going to paste his stuff here so that you might review and enjoy.

Many people can still hit this site, and many people cannot. I am going to try to focus on Oroville because it is an imminent danger. There is a dam failure that shows on the $50 bill if you fold it right. This could be it, Oroville, being the tallest dam in the country could DEFINITELY BE IT.

Much awaited Oroville updates

Aside from handling the attacks on this site this morning, I have spent a fair amount of time getting rock solid info on the Oroville situation which seems to be difficult to do.

1. They cannot get trucks into the emergency spillway area to repair it, because the road is gone. See this:

2. There is a huge ravine that may look small in the photos, but it is very large that has eaten its way to within about 10 feet of the emergency spillway. It is at least as deep as the hole in the road photo above, which also looks insignificant in wide area photos because this disaster is so big it cannot be shown in a photo.

They are trying to fill the holes with helicopters, but I do not believe that will work with holes that big. If the dam overtops the emergency spillway again, it will fail, period. The only way they would have a chance is if they could get a huge line of cement trucks in there, and they clearly cannot because the road is gone. And how many truckloads of cement would it take to patch even the first hole, which cut the road in half, and is washed out for at least a thousand feet with similar ravines and erosion? That is not even the big hole in the photo above, it is only the one that starts the cut in the road.

3. The main spillway continues to get eaten. In my opinion they are not letting enough water out of it. They need to simply let it rip at the full 250,000 cfs it is rated for and hold onto their pants and pray the whole mountain does not give out, or that the entire spillway system including the gates is not ripped out from it after being so badly damaged. What else can they do? Clearly, the emergency spillway is death upon next use, so they had better do everything possible to avoid using it.

4. Every other dam in California’s system is filled to capacity, and spring runoff has not even started. Levee failures are already happening due to all the dams at high outflow and the fact that communists in California’s government gave $25 billion to illegals, while they let California’s water infrastructure rot with far less than $1 billion. Good solid snowflake logic there. And the “snowflakes” in the mountains are going to do a nice job of re-enforcing the outcome of that logic this spring.

MY CONCLUSION: Lake Tulare, an enormous 600 square mile inland sea that was once in the San Joaquin valley is coming back this year, and the city of Tulare is GONE.

Oroville alone would fill lake Tulare, but is not well positioned to do it. It will take other problems to cause that, which will probably happen.

Tulare is a city of 60,000. This guy is saying it’s the next Pompeii. ROFL.

I did make a purchase today, with the house’s money. Considering the fact that my gains are in excess of 17% for the year, with every single fucking trade detailed to the minute of execution, I said ‘fuck it’ and threw dice at a micro cap piece of shit copper stock — which will be held secret from you wastrels in order to honor the paying members of Exodus.

Two things of note.

This bull rally is legit. Don’t bet against it.

However, we’re a little long in the tooth now. That’s retard Wall Street lingo for ‘we might pullback here.’

Note the oscillator for the Industrials sector being stretched out to the upside, praying for a beat down.

How do play this?

I drink too much coffee to hedge with puts. Let the Canadians do that. I’m seeking alpha all the time and am only interested in high octane trades. I’d wait for a pullback and then buy more. For me, this means upping my exposure from a genteel 150% to 200%. For 2017, I’m either achieving unparalleled greatness or crashing into as fucking wall amidst a ball of fire. When I exit the vehicle in flames, do not retard the flames. Not worth your effort. I want to die slow, real slow.

In response to a report published by Sputnik that claimed French Presidential candidate, Macron, was super gay and involved with an extramarital affair with some very gay man, he’s striking back with all of the style and panache you’d expect from a perfectly straight man — crying foul and bitching about FAKE FUCKING NEWS.

Clearly, the Russians are involved here, just like the Americans were responsible for the Buzzfeed report that said our President enjoyed being urinated on by Russian hookers.

To be clear, anything printed in the media by someone of Russian origin is directly working for Putin and should be dismissed as FAKE NEWS.

Jesus Christ. Read this Reuters report. It’s actually quite funny, unintentionally.

French presidential frontrunner Emmanuel Macron is being targeted by Russian media and internet attacks from within Russia with the goal of helping the election campaigns of his pro-Moscow rivals, his party chief said on Monday.

The comments by Richard Ferrand, secretary-general of Macron’s En Marche! (Onwards!) party, marked the first direct accusation from a French political party that forces in Russia were trying to influence the outcome of the May election.

Ferrand, who said Moscow looked favorably on the policies of far-right leader Marine Le Pen and center-right candidate Francois Fillon, urged the government to take steps to ensure there was no “foreign meddling” in the election.

Drawing a parallel with the U.S. presidential election in which U.S. intelligence agencies saw the hand of the Kremlin, he said: “The Americans saw it, but it came too late.”

Ferrand’s comments came against the backdrop of an electoral campaign of smears in which several big names have fallen off the radar, while conservative candidate Fillon went from frontrunner to also-ran due to a scandal involving his family.

Macron, an independent centrist, surged into the gap to become favorite to win the May 7 second-round against Le Pen, who is anti-EU and supports Russian policy on Ukraine.

A Feb. 4 report by the French language version of online Russian news agency Sputnik quoted the pro-Putin center-right French legislator Nicolas Dhuicq as saying Macron was a puppet of U.S. political and financial elites and that revelations about his private life would soon be made public.

The report appeared to play a part in Macron being forced on Feb. 7 to kill rumors of an extra-marital gay relationship.

Ferrand told France 2 television that Russia Today and Sputnik, Russian state-controlled media, had spread “fake news” with the aim of swinging public opinion against Macron. He said Macron was a target due to his pro-Europe policies.

“It is clear that the far-right and the right and their candidates are rather well regarded (in Russia) while we call for a strong Europe, a powerful Europe. It is obvious, objectively, that a certain number of Russian media clearly don’t want that,” he said.

Fillon, who has seen his lead evaporate amid a “fake jobs” scandal involving his wife, has spoken positively about improving relations with Russia.
“Two big media outlets belonging to the Russian state Russia Today and Sputnik spread fake news on a daily basis, and then they are picked up, quoted and influence the democratic (process),” Ferrand said.

Ferrand said Macron’s campaign was being hit by “hundreds if not thousands” of attacks on its networks, databases and sites from locations inside Russia.

“What we want is for authorities at the highest level to take the matter in hand to guarantee that there is no foreign meddling in our democracy,” Ferrand said.

 

Here’s an old man from Chicago attempting to describe, with his limited vocabulary, the rally in copper. I am surprised he’s managed to reside in Chicago all these years, without getting shot.

It’s important for you to know that strikes are temporary — but Trump is permanent. We are going to have the biggest infrastructure bill the world has ever known. We will revel in the rivulets of the Oroville waters and rise like the Phoenix, yet again, and rebuild everything. We will build walls, bridges, tunnels, dams, highways and of course prisons — to house all of the leftards rounded up by right wing goon squads.

That being said, I just took an interest in a small capped copper stock with 10% of my portfolio.

Some are thinking the damn failure is a result of God himself — attempting to cleanse and punish the reviled people of California with ravaging waters of vengeance. I simply view this event as an opportunity to make money. Although macabre and totally in line with a sociopathic behavior disorder, I feel zero empathy for the 200,000 people being evacuated — due to engineering failure on part of the cucks from the Department of Water Resources.

Seriously speaking here, in light of this unbelievable failure in our infrastructure, do you think this increases or decreases the likelihood that Trump will be able to jimmy a major infrastructure bill through Congress?

You can bet on it. For each gallon of water that passes by that idiot dam, $1 is added to the bill.

I like $CLF, $TECK, $HBM and $VEDL on this ‘news.’

At least 188,000 people have been evacuated from several Northern California counties due to Oroville Dam damage https://t.co/FCLZ4BO3Yp pic.twitter.com/8U92uLUvEm

— CNN International (@cnni) February 13, 2017

Stunning drone video shows #OrovilleDam holding back a massive wall of water as thousands ordered to evac – https://t.co/t6fk3h4ZsS #KPRC2 pic.twitter.com/GtmK7GZOBq

— KPRC 2 Houston (@KPRC2) February 13, 2017

Here’s a live stream of the dam failure. Enjoy.

Another sublime opening for the market of Trump. Stocks are careening higher based off reports that China will cut steel production, amongst other things. Plainly, investors are optimistic and believe Trump is pragmatic.

My interminable winship has shattered the self esteems of my maudlin detractors. The enemies within my halls have been exposed and their cerements stripped bare — beaten and then whipped again — as a reminder that to bet against The Fly is equal, all things considered, to committing financial suicide.

With today’s 3% gains, I’ve plastic manned my position to +17%. Bear in mind, this is much better than your gains and I’ve done it with a lot more style, poise and grace.

I commit these greats acts of financial literacy for the benefit of all those who read me, liberal and conservative alike. I will not shatter my trophy in half in order to share in the glory, however. I was raised on hard rocks, pressed against the wall many times. I’ve fought my way out of riots and mayhem, bullets whizzing pass my brain en route towards a summer fling. It’s relevant that I tell you these things, so that you know — you can never take anything away from me.

“The Fly” has never been more magnanimous. My apparent and abundant winship is second to none. A restive animalistic hysteria lied deep beneath the surface, dormant for all of 2016. It’s alive now, unchastened from the bonds of civility.

A forlorn supplication will do you no good.

I ascribe to a savage confederate form of warfare, no quarter, only the black flag.

The smog has been especially bad in China this year. A friend of mine almost died due to the toxic air and had to be hospitalized during his stay in the great walled nation. Perhaps in response to that, or a desire to jimmy rig steel/aluminum prices higher, China is preparing to place harsh restrictions on coal, in addition to slashing production for steel, aluminum and fertilizer — according to Reuters.

Source: Reuters

China is considering forcing steel and aluminum producers to cut more output, banning coal in one of the country’s top ports and shutting some fertilizer and drug plants as Beijing intensifies its war on smog, a draft policy document shows.

The Ministry of Environmental Protection (MEP) has proposed the measures in the document seen by Reuters. If implemented, they would be some of the most radical steps so far to tackle air quality in the country’s most polluted cities.

The move comes after China’s northeast has battled some of the worst pollution in years as emissions from heavy industry, coal burning in winter and increased transport have left major cities including Beijing blanketed in thick smog.

The document outlines plans to cut steel and fertilizer capacity by at least half and aluminum capacity by at least 30 percent in 28 cities across five regions from around late November to late February.

By July, it would stop Tianjin, one of the nation’s busiest ports, handling coal, with shipments diverted to Tangshan, 130 kms (80 miles) to the north, which would shift large volumes of coal transport from trucks to rail.

Tianjin, China’s second largest by cargo volume, is the key hub for trading 100 million tonnes a year of seaborne coal and domestic coal that flows south from Inner Mongolia, the report said.

By September, ports in Hebei province would not be allowed to use trucks to carry coal from railways to ships.

Based on the cuts over three months, the measures would reduce China’s total annual steel output by 8 percent annually and aluminum output by 17 percent, according to Reuters calculations.

This is super bullish for the metals, namely $X. My bets are on $CLF, $TECK, $HBM and $VEDL. Being that CLF does a lot of business with China, I’m not sure a cut in Chinese steel production is exactly positive for the shares. However, any cut in Chinese production will likely be made up elsewhere. Plus, price gains for the base metals will provide a very strong backdrop for the bullish narrative.

Everyone can appreciate the sentimentality of equality. God knows those standards are woefully violated in many parts of the world, especially the parts where Nike manufactures their sneakers.

Here’s the commercial they ran yesterday, during the Grammys, which triggered so many social justards into hysterical rants on Twitter.

Nike giving advice or lecturing about equality is like a plantation owner during the times of slavery taking out newspaper ads against racism. The fuck out of here, empty vessels from the Nike PR department. Soulless ghouls.

That was the bluepill.

Now here’s the redpill.

But Under Armour is the enemy and should be protested because he said nice things about our President. Right?