This storm is nearly the size of the entire state of #Florida and it’s relatively unprecedented for a storm this large to also be this powerful. The storm surge is catastrophic. #StormSurge
#climate change denying is going to get more difficult and more expensive
The move from #coal to #nuclear#uranium will keep gaining momentum. I’m deeply invested in this space because I believe it’s the only practical solution that we have. Coal consumption just keeps going up each year. The push to electric vehicles is just pissing in the wind…
The full cycle effect of EV’s without getting the global grid off coal is completely meaningless. Possibly negative when you consider the pollution and power consumption to make and recycle batteries with specialty metals.
Rational people that do the work and the basic math will come to understand that #uranium will become the future fuel out of necessary and as an investment it should also attract your attention. No other commodity has better prospects. No other sector will prove to deliver…
The investment returns alone should attract you…but it’s also best thing we can do for the planet that is actually practical.
We have to stop letting hopeful delusional dreamers lead the green movement. People who have no understanding of the full cycle supply chain.
The world wants and needs many commodities and all of them require huge amounts of power to extract, refine and manufacture into goods. Solar and winds current contribution to total global power consumption is still basically fuck all.
In fact the total power consumption growth each year is still consistently greater than the total growth of solar / wind and alternatives. So as a result we keep increasing c02 production and fossil fuel burning.
We need to do all we can to ramp up new tech #nuclear power. It’s simply out only viable choice to turn around the nasty path we are on.
Amazing how quickly I’m attacked by morons… block block block bye…
FYI for people who simply look at wind speed to judge a storms power. Try considering volume at speed. Speed of a hurricane is just like measuring voltage. What must be considered is amps.
Imagine comparing a garden hose to a huge deep and wide river based on speed…
That’s how fucking stupid some people are. When you start getting 20 miles of coast seeing storm surges well beyond historical norms then you’ll understand.
In addition, change don’t happen over decades. The environmental pollution we create will have effects for 100’s and 1000’s of years.
Deforestation because of a dumb desire for ethanol. I could go on… but I’d prefer people just try reading with an open mind.
Bottom line… #uranium is the best investment theme you can get on and it will actually be beneficial to the world. So get on board or #gfy
I’m so done debating anonymous fukwads…
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Don’t believe a single thing the central bankers say… all the do is react to changing conditions and ultimately make things worse.
The idiots made mortgage money cheap with out the appreciation only will create a massive bubble and make houses prices go sky high and ownership for 1st buyers incredibly risky. Ultimately it also made our financial institutions dependent on ponzi finance to prevent implosion
I’ll add.. one formula I always have strived for is to be right more than 50% but consistently making on average 4x what I typically lose when I’m wrong.
Means that if I strongly believe something has 50% I shouldn’t be risking more than 10-15% downside
But note.. when I shoot for 10x or 20x returns I can tolerate some 100% losses in my portfolio. It’s sad when it happens but expect it to happen.
Diversification is important. Risk management. Also hedging etc. and when it comes to portfolios all your assets and liabilities should be considered along with your ability to earn income from your personal labour or business.
Conviction without knowledge is deadly. I’ve watched so many people ride investments to the grave that they simply never even remotely understood.
I’ve also watched many people do all the work and have immense knowledge but lacked conviction to buy and ride out the volatility
Success comes when you are prepared for the market to irrationally sell down your conviction investments.
I look at the carnage in many nasdaq stocks today. Especially the Covid stocks that all the geniuses bought while they were ‘researching’ during quarantine.
If your a fuel buyer for a #nuclear power utility and you don’t have 10 year fuel coverage you should get busy because many of you simply will not be able to contract supplies at what your superiors currently think are acceptable prices.
A price spike to at least $200/lb and sustained pricing above $150/lb is going to be required to spur investment flows into the many new mines that will be required. (As well as conversion, enrichment capacity and fuel fabrication)
As soon it will become obvious to all that there is little to no supplies to contract and the market is going to squeeze just like it did in the last cycle. You really need to ask yourself what your thinking?