Has anyone else noticed that ever since the Fukushima Daiichi crisis in Japan, anytime a bird shits within 1,000 yards of a nuclear plant, it’s suddenly front page news.
We had minute by minute updates about some flood water that was encroaching on a nuclear plant’s personal space here a week or so ago. And now I get to hear how wild fires are blazing several miles away from another plant in N.M.
Assholes, there are nuclear plants all over the fucking place. If you piss yourself everytime something dangerous happens within the same region of the planet as a nuclear facility, you’re going to go through a lot of pairs of pants.
It took a massive earthquake, the fifth largest ever recorded, coupled with a resultant tsunami, to take down the Japan plant this year, an aging reactor from 40 years ago (and even then, half of the operation was kept under control). A little vanilla style tragedy like flooding or a fire isn’t going to do anything. You don’t think the engineers have thought of these common situations repeatedly before now?
You really need to calm down.
If you enjoy the content at iBankCoin, please follow us on Twitter
+1
Mr Thaler, can you shed any light on what the news cycle in uranium was like before the crises? I have honestly never looked into uranium stocks before the Japan earthquake. While these are going to be great long term holds, most had already rolled over before the quake and I’m sure not much is going to change until, in the very least, the reporting stops and moves on to something else.
I’m a recent addition to the uranium sector myself; I was attracted here by the blood, you see.
However, as best as I’ve pieced it together, they were expecting a nuclear nirvana to occur, and price action was reflecting a massive increase of nuclear potential to the global grids.
Now, they seem to be thinking along the lines of the outcome after Long Island.
Thanks,
While I don’t expect sentiment to shift like it does in solar, where it swings every month or two, once this nonsense with Germany and the news cycle calms down, you sir are going to make a lot of money. These stocks are getting to silly levels. Especially for a commodity that will be so important to our future energy supply.
You mean you REALLY NEED TO SHUT ‘EM DOWN !!!!!!!!!!!!!!!!!
I can’t wait til the Germans and Swiss shut down the nuke plants. Gazprom and Areva will rape them.
Germany is not shutting down a single plant. They are liars.
And now a 10 mile evacuation radius is being implemented at one of the plants.
Tell me, are people just jittery or fearing bad political repercussions if they don’t respond quickly to a real nuclear crisis? Or, are nuclear power plants and facilities engineered by undergraduates fresh out of college?