#nuclear is better than #coal not just when it comes to plant closures
#solar and #wind are great but only provide 2% of our primary power needs. We must get realistic and support #nuclear so that we can reduce coal use as well as fuel oil, gasoline, diesel
And finally nat gas.
Our only hope is to get realistic and get after eliminating the worst polluters first.
Fossil fuel use continues to rise globally and #nuclear is simply the only hope.
Good on you for keeping an open mind and helping to support rational decision making in Germany.
#nuclear power is the only hope. It’s time for everyone to open their eyes and see it. It’s so plainly obvious.
I’d love to have a video call with @GretaThunberg and discuss this chart and the reality that her decision to favour #nuclear over #coal should apply to new builds. Not just shut downs. We are still building new coal plants and as bringing many back online
I’d actually prefer to help getting a ‘real journalist’ up to speed and have them do the interview. We need to get the debate on global power production properly focused. Will help where I can. Dm me if your a journalist that wants to cover this situation.
It defies logic to not extend the conclusion #nuclear is better than #coal to beyond plant shut downs. We should be looking at the safest new tech for new builds and looking at restarts and life extensions. But most importantly converting coal plants to SMR nuclear reactors.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Central bankers must begin to increase liquidity and I expect #uranium to take off like a coiled spring. The reversal by Germany is hugely significant. Greens are acknowledging that nuclear power is superior to coal. Japan has reversed course and one by one major nations join in
We have restarts, new builds and life extensions continually adding to the short medium and long term demand models. I believe that to meet this demand we must see a doubling of the price of #uranium but markets always over shoot. Squeeze should be epic and beyond $200/lb
I have no issue with a fiat money system that prints money to bail out the economy and avoid financial disaster. Only condition is the bail out funds go to the poor and not the rich.
Bailing out bankers and brokers so they can make record profits again a few years later is/was disgraceful. Especially cause many of these people were able to buy up properties that were being sold in distress.
The fiat money system should be used to help solve inequality in our economic system. But instead it’s been exploited to benefit the financial supporters / financiers that own todays corrupt politicians.
$msos looks to have settled back down as the reality returns that these are mostly profitless debt ridden businesses run by stoners.
Perfect example of the over investing in commodity production leading to low stable consumer prices.
This weed stock cycle will end with bankruptcies and plenty of them. Here in Canada you can walk down many a streets and pass near empty weed stores more often than you can imagine. The some busier main streets have them nearly every 50m with 5-6 stores in a city block
It’s a low to margin business at best but with huge over capacity and minimal foot traffic per store it’s a damned industry. Not many people talk about the fact that 70% of cali weed growers went bankrupt after legalization.
One thing to consider… $650mm moving into Cameco is great for the #uranium sector. Institutional interest is only going to grow and market cap growth makes the sector more investable for larger institutions
$urnm $ura $u.u $sput will all benefit with greater attention and inflows. As the big boys get positioned in #uranium equities you can bet they will also want to have significant exposure to physical #uranium
It’s the #energy market trade of the decade as #nuclear power will be taking center stage. Overfeeding is coming and the demand for #uranium is set to grow by multiples over the next decade plus.
FYI. I’m not at all bitter even if I may sound it. In my youth I studied the history of money and the federal reserve system. After ‘the light bulb went on’, I felt I had no choice but to teach myself to invest/trade (play) the inflation/deflation cycle ‘game’ that the fed plays
Money will always be created in ever growing quantities. The game is to invest now where you’re sure it will flow to next #uranium as a sector is that place. The entire sector has such a tiny market cap (sub $100b) even if you include government owned entities.
It shouldn’t be a surprise that the Nobel prize is awarded to a financial industry cult loyalist. Over 100 years ago the Federal Reserve system was created by the banksters so that they could create unlimited money via a fractional reserve fiat system.
They co-opted both the sound money and democratic system for greed of wealth and power. The ‘system’ they created allows financial institutions to create money out of thin air and lend it while charging variable interest rates.
The average person actually has to work providing goods and services to the economy to earn the money to pay both the interest and debt.
The ‘system’ employs its most hardened supporters to work in ‘education’ to brainwash our children on how well the system works.