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Let's not forget the fun beer commercials with Bubba Smith and Butkus, RIP Bubba(2011) too.
https://www.youtube.com/watch?v=U-42u-cM6Uo&ab_channel=GenXTVMemories
Macy’s accelerates small-format store expansion strategy in US
Limetime, we are trying to get this going in advance of iHang closing down. Need to watch politics here though.
https://www.retailtouchpoints.com/features/news-briefs/macys-accelerates-small-format-expansion-plans
Macy’s Inc. is betting big on going small, with plans to open up to 30 new small-format locations across the country in 2024. The planned expansion is in addition to the nearly 15 small-format stores that the retailer already operates. Macy’s had announced plans in August 2023 to open four small-format stores in the late summer and fall, and the third Bloomie’s small-format store will open in Seattle in November 2023.
Additionally, beginning this year, new Macy’s small-format stores will operate under the Macy’s banner; they had previously been named Market at Macy’s.
The stores are approximately one-fifth the size of Macy’s full-line stores andfeature a curated, localized selection of products, including both Macy’s private brands and market brands. The off-mall stores, one of Macy’s five growth vectors, play a pivotal role in the company’s omnichannel strategy to expand in existing markets, in some cases by replacing stores that may not be as productive, as well as entering new markets.
“Our small-format stores are efficient to operate, provide the customer with a shopping alternative within our omnichannel ecosystem and present a unique opportunity to target high-traffic shopping centers,” said Adrian Mitchell, COO and CFO of Macy’s Inc. in a statement. “Our small-format strategy is one way we intend to harness the full power of the Macy’s brand to deliver sustainable, profitable sales growth for Macy’s Inc. beginning in 2024.”
Macy’s accelerates small-format store expansion strategy in US
https://www.retailtouchpoints.com/features/news-briefs/macys-accelerates-small-format-expansion-plans
Macy’s Inc. is betting big on going small, with plans to open up to 30 new small-format locations across the country in 2024. The planned expansion is in addition to the nearly 15 small-format stores that the retailer already operates. Macy’s had announced plans in August 2023 to open four small-format stores in the late summer and fall, and the third Bloomie’s small-format store will open in Seattle in November 2023.
Additionally, beginning this year, new Macy’s small-format stores will operate under the Macy’s banner; they had previously been named Market at Macy’s.
The stores are approximately one-fifth the size of Macy’s full-line stores andfeature a curated, localized selection of products, including both Macy’s private brands and market brands. The off-mall stores, one of Macy’s five growth vectors, play a pivotal role in the company’s omnichannel strategy to expand in existing markets, in some cases by replacing stores that may not be as productive, as well as entering new markets.
“Our small-format stores are efficient to operate, provide the customer with a shopping alternative within our omnichannel ecosystem and present a unique opportunity to target high-traffic shopping centers,” said Adrian Mitchell, COO and CFO of Macy’s Inc. in a statement. “Our small-format strategy is one way we intend to harness the full power of the Macy’s brand to deliver sustainable, profitable sales growth for Macy’s Inc. beginning in 2024.”
Top stocks for 10/4/23>>>>>
Listed>>>>
https://www.barchart.com/stocks/performance/percent-change/advances?orderBy=percentChange&orderDir=desc
OTC>>>>
https://www.barchart.com/stocks/performance/percent-change/advances?screener=otc_us
ETFs>>>>
https://www.barchart.com/stocks/performance/percent-change/advances?screener=unleveraged_etf
IMO Golf is the greatest individual sport there is, by far. There are endless variables and it is the player playing against themself. Bowling, 10 pins, same balls, not many different spares, Pool? All tables are the same, cue's, more variables than bowling, Tennis one opponent, golf the opponent is the player himself. Etc. Etc. It is the best worldwide INDIVIDUAL sport. It helps unite the world, all players are welcomed regardless of race, sex, age, religions, etc.
You make it a team game and it ends up like a bunch of third graders. It seems to me there have been many Ryder Cup controversy's with only one match per year.
I have fantasied that if I had been a top golfer and invited to play in a Ryder Cup, I would have turned it down and played in a tourney in a third world country tournament for peanuts instead that weekend, to promote golf, the world's best individual world wide sport.
Why Synthetic Food Is Very Dangerous
https://articles.mercola.com/sites/articles/archive/2023/10/04/synthetic-food.aspx?ui=cb65499db52abec6a9a590992872244905bf545afdb5f24bd660a43f2e592f19&sd=20150424&cid_source=dnl&cid_medium=email&cid_content=art1ReadMore&cid=20231004&foDate=false&mid=DM1472816&rid=1928841571
Summary>>>>
An estimated 99% of the components making up whole food are a complete mystery. The U.S. Department of Agriculture’s National Nutrient Database for Standard Reference details 188 nutritional components of food, including 38 flavonoids, yet scientists estimate there are more than 26,000 different biochemicals in our food
We know even less about the constituents of processed foods and synthetic foods, which falsely claim to be “equivalents” to whole foods, such as “animal-free meats” or “animal-free milk”
Scientists cannot create equivalence when they don’t even know what 85% or more of the whole food they’re trying to replicate consists of
A paper published in the April 2023 issue of Animal Frontiers warns that cultured products are not nutritionally equivalent to the meats they’re intended to replace
A May 2023 report by the Food and Agriculture Organization concluded there are at least 53 potential health hazards associated with lab-grown meat, including the possibility of contamination with heavy metals, microplastics, nanoplastics and chemicals, allergenic additives, toxic components, antibiotics and prions
Why Synthetic Food Is Very Dangerous
https://articles.mercola.com/sites/articles/archive/2023/10/04/synthetic-food.aspx?ui=cb65499db52abec6a9a590992872244905bf545afdb5f24bd660a43f2e592f19&sd=20150424&cid_source=dnl&cid_medium=email&cid_content=art1ReadMore&cid=20231004&foDate=false&mid=DM1472816&rid=1928841571
Summary>>>>
An estimated 99% of the components making up whole food are a complete mystery. The U.S. Department of Agriculture’s National Nutrient Database for Standard Reference details 188 nutritional components of food, including 38 flavonoids, yet scientists estimate there are more than 26,000 different biochemicals in our food
We know even less about the constituents of processed foods and synthetic foods, which falsely claim to be “equivalents” to whole foods, such as “animal-free meats” or “animal-free milk”
Scientists cannot create equivalence when they don’t even know what 85% or more of the whole food they’re trying to replicate consists of
A paper published in the April 2023 issue of Animal Frontiers warns that cultured products are not nutritionally equivalent to the meats they’re intended to replace
A May 2023 report by the Food and Agriculture Organization concluded there are at least 53 potential health hazards associated with lab-grown meat, including the possibility of contamination with heavy metals, microplastics, nanoplastics and chemicals, allergenic additives, toxic components, antibiotics and prions
iHub is woke, and crazy's board is paid. A liberal board , Tornado Alley is free, Hawks would get us "paid" in no time?
So would we have to talk stocks and economics only?
Go VXIT, I heard that from SalltyMutt, will pass it on to him.
My mom had both and the macular she had for 15 years and she lived with it for 15 years before she died. She could still watch TV etc. but no driving and big magnifying glasses for reading etc. They probably have better science now than in 1995 when she came down with the macular. Wish you well.
That will probably be a problem. But in vesting in companies that can tie into it worldwide could be profitable. All i see now is ETFs tieing in and a stock market on the edge of a cliff.
https://finviz.com/futures_charts.ashx?t=ER2&p=d
Flobewan, it sounds like and hope it is only cataract surgery. I had it 10 years ago and now am 20/30 in one eye and 20/40 in the other. And my astigmatism was corrected. I still need glasses to read and legal to drive w/o, but I wear glasses driving anyway to have my best vision. I took Tree to a Minnesota Twins game not long after my cataract surgery when he was up here working, and did not kill him. 🙃
I got a friend that is having eye surgery. soon. He is like 20/50 in one eye and basically blind in the other. He is scheduled to have gene therapy where they take genes from the best eye and put it in the bad eye. That sounds scary to me. Hope you don't need that.
https://www.brightfocus.org/macular/article/gene-therapy-eye-disease
Go VXIT---- OT crazy, A friend today talked to 40. Sounded great, still chaired, but talked about computer problems as before . He called her, no answer, but she called back a minute later. I will give you more info on happy hour.
Kellogg embarks on new future, finalizing split into two businesses
https://www.fooddive.com/news/kellogg-embarks-on-new-future-finalizing-split-into-two-businesses/695335/
Sixteen months after the separation was announced, the snacking and North American cereal businesses — Kellanova and WK Kellogg Co — are trading separately on the New York Stock Exchange.
Today, Kellogg’s cereal business began trading on the New York Stock Exchange as WK Kellogg Co. The company’s broad snacks division is now trading under the name Kellanova. The split was first announced sixteen months ago.
WK Kellogg Co, began trading under the ticker symbol “KLG” while Kellanova trades under “K.” Stocks for both companies dropped today upon the announcement of the completed split, MarketWatch reported.
In a statement, Kellanova CEO Steve Cahillane said the new company name signifies a new era of ambition for the company.
“We are starting from a position of strength that is rooted in a century-old legacy as we embark on a journey to achieve our vision of becoming the world’s best performing snacks-led powerhouse,” Cahillane said.
Kellanova, which now houses snacks like Cheez-It, Rice Krispies Treats and Pringles, projects its net sales to reach between $13.4-$13.6 billion in its 2024 fiscal year. In an interview with Food Dive last year, Cahillane said the decision to focus solely on snacks will help it to grow its presence worldwide, allowing the company to better compete with giants of the category like Mondelez International and Hershey. M&A opportunities will also be a key focus, the CEO said in March.
Despite the name change, snacking and cereal products from both Kellanova and WK Kellogg Co will continue to emblazon the well-known “Kellogg’s” logo.
The split was first announced in June 2022, with Kellogg originally intending to create three separate businesses. Plans for a designated plant-based foods company were nixed earlier this year because of declining sales in the sector. Plant-based brands like MorningStar Farms now remain under Kellanova.
WK Kellogg Co is adopting the North American cereal portfolio of iconic brands — such as Froot Loops, Corn Flakes and Rice Krispies — at a time of stagnation for the staple breakfast item, while international cereal sales will continue to be handled by Kellanova.
Kellogg embarks on new future, finalizing split into two businesses
https://www.fooddive.com/news/kellogg-embarks-on-new-future-finalizing-split-into-two-businesses/695335/
Sixteen months after the separation was announced, the snacking and North American cereal businesses — Kellanova and WK Kellogg Co — are trading separately on the New York Stock Exchange.
Today, Kellogg’s cereal business began trading on the New York Stock Exchange as WK Kellogg Co. The company’s broad snacks division is now trading under the name Kellanova. The split was first announced sixteen months ago.
WK Kellogg Co, began trading under the ticker symbol “KLG” while Kellanova trades under “K.” Stocks for both companies dropped today upon the announcement of the completed split, MarketWatch reported.
In a statement, Kellanova CEO Steve Cahillane said the new company name signifies a new era of ambition for the company.
“We are starting from a position of strength that is rooted in a century-old legacy as we embark on a journey to achieve our vision of becoming the world’s best performing snacks-led powerhouse,” Cahillane said.
Kellanova, which now houses snacks like Cheez-It, Rice Krispies Treats and Pringles, projects its net sales to reach between $13.4-$13.6 billion in its 2024 fiscal year. In an interview with Food Dive last year, Cahillane said the decision to focus solely on snacks will help it to grow its presence worldwide, allowing the company to better compete with giants of the category like Mondelez International and Hershey. M&A opportunities will also be a key focus, the CEO said in March.
Despite the name change, snacking and cereal products from both Kellanova and WK Kellogg Co will continue to emblazon the well-known “Kellogg’s” logo.
The split was first announced in June 2022, with Kellogg originally intending to create three separate businesses. Plans for a designated plant-based foods company were nixed earlier this year because of declining sales in the sector. Plant-based brands like MorningStar Farms now remain under Kellanova.
WK Kellogg Co is adopting the North American cereal portfolio of iconic brands — such as Froot Loops, Corn Flakes and Rice Krispies — at a time of stagnation for the staple breakfast item, while international cereal sales will continue to be handled by Kellanova.
Good luck with the eyes Flobewan.
gfp You are more into this than me, so I ask, what is the best place right now in an individual company, not a fund, to invest in nuclear today? In your opinion, won't sue you if wrong, lol.
Harry Connick Jr. - It Had to Be You
https://www.youtube.com/watch?v=_UnQOfPwZfs&ab_channel=harryconnickjrVEVO
Small Nuclear Reactors: The Answer To Big Tech's Energy Crisis?
https://oilprice.com/Alternative-Energy/Nuclear-Power/Small-Nuclear-Reactors-The-Answer-To-Big-Techs-Energy-Crisis.html
Microsoft hints at its nuclear plans by posting a job for a "Principal Program Manager Nuclear Technology" to explore integrating SMRs into its operations.
Small Nuclear Reactors offer quick deployment, reduced costs, and enhanced safety features, with over 80 designs under global development.
Challenges like sourcing materials for SMR development, particularly from politically complex regions, may delay their commercial rollout.
Microsoft could be the first of several companies to prepare to use small nuclear reactor (SMR) technology for its high energy consumption, as AI and other technologies become more widely used. There has been great enthusiasm around the potential of SMRs, which could be built faster and at a much lower cost than a traditional nuclear reactor. This month, Microsoft posted a job opportunity for a “Principal Program Manager Nuclear Technology,” suggesting its interest in using SMRs in the future, to support its energy-intensive operations. As companies begin to use a vast range of digital technologies in their day-to-day operations, their energy consumption could increase substantially, making the use of low-carbon nuclear power increasingly attractive.
SMRs are advanced nuclear reactors that have a power capacity of up to 300 MW(e) per unit, equivalent to around one-third the generating capacity of a traditional nuclear reactor. SMRs are much smaller than traditional reactors and are modular, making it simpler for them to be assembled in factories and transported to site. Because of their smaller size, it is possible to install an SMR on sites that are not suitable for bigger reactors. They are also significantly cheaper and faster to build than conventional nuclear reactors and can be constructed incrementally to meet the growing energy demand of a site.
There are strong safety margins included in SMR production, meaning that the potential for the unsafe release of radioactivity to the environment is significantly reduced. These systems can be shut down automatically, without human assistance, in the case of a malfunction. At present, there are over 80 commercial SMR designs under development worldwide, aimed at responding to a range of needs. Although companies are still trepidatious about investing in SMRs as their economic competitiveness in use has yet to be proven. As energy companies begin to roll out SMRs within the next decade there will be a greater understanding of their applicability and the costs involved.
Despite still being in the development stage, Microsoft appears to be one of the first companies to demonstrate its interest in SMRs. As companies continue to digitalise operations and conduct high-energy operations, they will need an increasing amount of energy to power their activities. For example, AI researchers suggest that training a “single large language deep learning model” such as OpenAI’s GPT-4 creates around 300 tonnes of CO2. The average person is responsible for creating around 5 tonnes of CO2 a year, showing just how significant this is.
Microsoft now appears to be drawing up a roadmap for the use of SMR to power its computation needs. This month, the company posted a job description to hire a nuclear technology expert to lead the company’s technical assessment for integrating small modular nuclear reactors and microreactors “to power the datacentres that the Microsoft Cloud and AI reside on.” The post reads that Microsoft is seeking a “principal program manager for nuclear technology”, who “will be responsible for maturing and implementing a global Small Modular Reactor (SMR) and microreactor energy strategy.”
This is not the first time the tech giant has shown interest in nuclear power. In May, Microsoft signed a power purchase agreement with Helion, a nuclear fusion start-up, to purchase electricity from it starting in 2028. And Bill Gates, Microsoft’s co-founder, is the chairman of the board of Terrapower, a company that is currently developing SMR technology. Although there has been no suggestion that Terrapower will provide Microsoft with any nuclear reactors.
Microsoft is showing an early interest in integrating nuclear power into operations. But, as more companies are using energy-intensive technologies, they will require vast amounts of energy to power their activities. Meanwhile, governments worldwide are putting increasing pressure on companies to decarbonise operations, with some introducing carbon taxes and others encouraging the use of clean energy sources through financial incentives. Renewable energy sources, such as wind and solar power, can take years to develop, and acquiring a stable clean energy source also means investment in battery technology. However, as the use of SMRs becomes more commonplace, their fast manufacturing time and small land footprint will likely appeal to companies looking for alternative clean energy sources.
Despite the optimism around SMR technology, a commercial rollout is likely still a long way off due to recent difficulties in acquiring the materials needed to develop these reactors. Many SMRs under production at present will run on uranium at enrichments as high as 15 to 19.75 percent, known as high-assay low-enriched uranium (HALEU). However, this is currently only commercially available from Russia, with which many governments and private companies have cut ties following the Russian invasion of Ukraine last year. Chris Levesque, the CEO of TerraPower, explained “It has become clear that domestic and allied HALEU manufacturing options will not reach commercial capacity in time to meet the proposed 2028 in-service date for the Natrium demonstration plant.”
There has been a rise in the popularity of SMR technology, thanks to its small size and relatively low-cost and fast manufacturing potential. While the commercial rollout of SMRs is still far off, it could provide the vast amounts of low-carbon energy required to meet the world’s growing electricity needs. And tech companies, such as Microsoft, will likely be some of the first to invest in SMR technology as they look to meet their rising computation needs while striving to decarbonise operations.
By Felicity Bradstock for Oilprice.com
Small Nuclear Reactors: The Answer To Big Tech's Energy Crisis?
https://oilprice.com/Alternative-Energy/Nuclear-Power/Small-Nuclear-Reactors-The-Answer-To-Big-Techs-Energy-Crisis.html
Microsoft hints at its nuclear plans by posting a job for a "Principal Program Manager Nuclear Technology" to explore integrating SMRs into its operations.
Small Nuclear Reactors offer quick deployment, reduced costs, and enhanced safety features, with over 80 designs under global development.
Challenges like sourcing materials for SMR development, particularly from politically complex regions, may delay their commercial rollout.
Microsoft could be the first of several companies to prepare to use small nuclear reactor (SMR) technology for its high energy consumption, as AI and other technologies become more widely used. There has been great enthusiasm around the potential of SMRs, which could be built faster and at a much lower cost than a traditional nuclear reactor. This month, Microsoft posted a job opportunity for a “Principal Program Manager Nuclear Technology,” suggesting its interest in using SMRs in the future, to support its energy-intensive operations. As companies begin to use a vast range of digital technologies in their day-to-day operations, their energy consumption could increase substantially, making the use of low-carbon nuclear power increasingly attractive.
SMRs are advanced nuclear reactors that have a power capacity of up to 300 MW(e) per unit, equivalent to around one-third the generating capacity of a traditional nuclear reactor. SMRs are much smaller than traditional reactors and are modular, making it simpler for them to be assembled in factories and transported to site. Because of their smaller size, it is possible to install an SMR on sites that are not suitable for bigger reactors. They are also significantly cheaper and faster to build than conventional nuclear reactors and can be constructed incrementally to meet the growing energy demand of a site.
There are strong safety margins included in SMR production, meaning that the potential for the unsafe release of radioactivity to the environment is significantly reduced. These systems can be shut down automatically, without human assistance, in the case of a malfunction. At present, there are over 80 commercial SMR designs under development worldwide, aimed at responding to a range of needs. Although companies are still trepidatious about investing in SMRs as their economic competitiveness in use has yet to be proven. As energy companies begin to roll out SMRs within the next decade there will be a greater understanding of their applicability and the costs involved.
Despite still being in the development stage, Microsoft appears to be one of the first companies to demonstrate its interest in SMRs. As companies continue to digitalise operations and conduct high-energy operations, they will need an increasing amount of energy to power their activities. For example, AI researchers suggest that training a “single large language deep learning model” such as OpenAI’s GPT-4 creates around 300 tonnes of CO2. The average person is responsible for creating around 5 tonnes of CO2 a year, showing just how significant this is.
Microsoft now appears to be drawing up a roadmap for the use of SMR to power its computation needs. This month, the company posted a job description to hire a nuclear technology expert to lead the company’s technical assessment for integrating small modular nuclear reactors and microreactors “to power the datacentres that the Microsoft Cloud and AI reside on.” The post reads that Microsoft is seeking a “principal program manager for nuclear technology”, who “will be responsible for maturing and implementing a global Small Modular Reactor (SMR) and microreactor energy strategy.”
This is not the first time the tech giant has shown interest in nuclear power. In May, Microsoft signed a power purchase agreement with Helion, a nuclear fusion start-up, to purchase electricity from it starting in 2028. And Bill Gates, Microsoft’s co-founder, is the chairman of the board of Terrapower, a company that is currently developing SMR technology. Although there has been no suggestion that Terrapower will provide Microsoft with any nuclear reactors.
Microsoft is showing an early interest in integrating nuclear power into operations. But, as more companies are using energy-intensive technologies, they will require vast amounts of energy to power their activities. Meanwhile, governments worldwide are putting increasing pressure on companies to decarbonise operations, with some introducing carbon taxes and others encouraging the use of clean energy sources through financial incentives. Renewable energy sources, such as wind and solar power, can take years to develop, and acquiring a stable clean energy source also means investment in battery technology. However, as the use of SMRs becomes more commonplace, their fast manufacturing time and small land footprint will likely appeal to companies looking for alternative clean energy sources.
Despite the optimism around SMR technology, a commercial rollout is likely still a long way off due to recent difficulties in acquiring the materials needed to develop these reactors. Many SMRs under production at present will run on uranium at enrichments as high as 15 to 19.75 percent, known as high-assay low-enriched uranium (HALEU). However, this is currently only commercially available from Russia, with which many governments and private companies have cut ties following the Russian invasion of Ukraine last year. Chris Levesque, the CEO of TerraPower, explained “It has become clear that domestic and allied HALEU manufacturing options will not reach commercial capacity in time to meet the proposed 2028 in-service date for the Natrium demonstration plant.”
There has been a rise in the popularity of SMR technology, thanks to its small size and relatively low-cost and fast manufacturing potential. While the commercial rollout of SMRs is still far off, it could provide the vast amounts of low-carbon energy required to meet the world’s growing electricity needs. And tech companies, such as Microsoft, will likely be some of the first to invest in SMR technology as they look to meet their rising computation needs while striving to decarbonise operations.
By Felicity Bradstock for Oilprice.com
Duran Duran - Ordinary World (Official Music Video)
https://www.youtube.com/watch?v=FqIACCH20JU&ab_channel=DuranDuranVEVO
URA made a 52 week intraday high.
https://stockcharts.com/h-sc/ui?s=URA&p=D&yr=1&mn=0&dy=0&id=p78831159970
I always liked this lost in the "Forrest" song>>>>
https://www.youtube.com/watch?v=tLpsDamWdIM&ab_channel=DidoVEVO
Ford Pauses Work on $3.5 Billion Battery Plant
https://www.voanews.com/a/ford-pauses-work-on-3-5-billion-battery-plant/7284008.html
NEW YORK —
Ford is halting work on a major battery plant in the northern U.S. state of Michigan, the automaker said Monday, just seven months after launching the project with a Chinese partner.
The stoppage, which a Ford representative confirmed to AFP, comes as the company faces a major strike along with both of the other "Big Three" U.S. automakers, Stellantis and General Motors.
The Ford spokesperson insisted the decision about the $3.5 billion battery plant had not been related to the ongoing strike, but rather the site's future economic viability.
"We're pausing work and limiting spending on construction on the Marshall project until we're confident about our ability to competitively operate the plant," the spokesperson said.
"We haven't made any final decision about the planned investment there," he added.
In February, Ford announced the project in Marshall, Michigan, as a way to diversify its battery profile away from its current exclusive use of nickel cobalt manganese (NCM), which are costly to produce because of raw material scarcity.
Ford said it would work with the Chinese company Contemporary Amperex Technology Co. to manufacture lithium iron phosphate batteries beginning in 2026 at the Marshall plant.
Several Republican officials had voiced opposition to the plant due to the partnership with a Chinese company.
The technology involves less-expensive raw materials and can tolerate more frequent and faster charging than NCM batteries, the company said at the time.
The auto giant said it is targeting annual global output of 600,000 electric vehicles by end-2023 and 2 million by the end of 2026.
Michigan Governor Gretchen Whitmer, a Democrat, touted the announcement in February as "another win for Michigan," citing the addition of 2,500 new manufacturing jobs.
President Joe Biden on Tuesday is set to visit Michigan to join a UAW picket line in support of striking workers at the Detroit Three automakers.
Marilynt, I resemble that remark.😋
Good show Tree, women really get excited about their birthdays. Us men just want a beer and ............. you know.
Agree, new coaching might not even help.
The Vikings can still get in the playoffs mathematically as a wild card.????
Nice to be "regular" here. At my age I can get "irregular" without warning, anyplace else.💩
They have a "thumb up" tab here at iHub, where is the "thumbs down",. LOL
Every morning is a guud morning at the FUN House
"thorium" Never heard of it.
Investing in thorium can be tough, as it’s not yet used for nuclear power generation. Companies like Flibe Energy, which is focused on thorium reactors, are still private.
https://www.energyandcapital.com/resources/thorium-investing/51975#:~:text=Investing%20in%20thorium%20can%20be,add%20to%20your%20portfolio...
Take a look at the word thorium.
What do you see?
Those familiar with Norse mythology or the Marvel comic books might notice the root of the word is Thor, the name of the god of thunder. Thor is known for his strength and power, wielding a hammer and controlling the lightning and thunder.
The name alone implies a superhuman power, a superior energy. And the element doesn't disappoint...
Thorium is a radioactive chemical element that can be found in soil and rocks. In its purest form, it appears as a silver metal, but when heated in the air, it becomes like a white light, like lightning.
Thorium is currently used in things such as light bulbs and camera lenses. It can create a high-quality refractive glass, and its high melting point can allow ceramics to resist high temperatures.
But light bulbs and ceramics aren’t what have the energy industry watching closely...
Heat resistance is.
You see, thorium’s ultra-high melting point can be useful in more than just ceramics. Heat resistance is something scientists and energy specialists alike have been trying desperately to achieve with nuclear energy.
One of the biggest issues with nuclear plants is the meltdowns that can occur if the uranium is not cooled properly. We saw that tragically exhibited in Japan in 2011, when an earthquake and tsunami caused a series of meltdowns at the Fukushima Daiichi plant. The fact that the only other disaster of that caliber was the 1986 Chernobyl disaster has done little to ease the minds of world governments and energy companies. This simply highlighted the tragedy that can come along with it.
Which is why thorium’s properties have become so coveted. If the material were virtually meltdown-proof, the clean energy possibilities would be endless.
There is only one problem: Thorium is unable to sustain a nuclear reaction on its own.
Thorium in Nuclear Energy
Thorium’s inability to sustain a nuclear chain reaction causes a problem, but it’s not one without a solution.
The material can actually prove quite effective when combined with a fissile material — one that is able to sustain a nuclear reaction.
These materials include uranium-233 (which is actually an isotope of thorium), enriched uranium (U-235), and plutonium (Pu-239).
The use of thorium in a nuclear reaction significantly lowers the waste produced; of the waste that does occur, radioactively decaying elements are lowered as well. Combined with weapons-grade uranium, for instance, one University of Oslo researcher found that thorium can aid in reducing radioactive waste by up to 95%.
And the safety of a thorium reactor compared to one using uranium is much higher. As mentioned before, thorium’s high melting point makes a nuclear meltdown much less likely.
But thorium can’t be used in just any nuclear reactor. Only seven types are safe for thorium reactions, including heavy water reactors, high-temperature gas-cooled reactors, boiling (light) water reactors, pressurized (light) water reactors, fast neutron reactors, molten salt reactors, and accelerator driven reactors. Molten salt reactors and accelerator driven reactors are still conceptual, though the other five have all been operational at some point.
The liquid-fluoride thorium reactor (LFTR), a type of molten salt reactor, is being touted by many as the best solution to thorium-powered nuclear energy. In these types of reactors, thorium and uranium fluorides are combined into a salt mixture that’s heated to a molten substance, which is then used to fuel the reactor.
These reactors have the potential to become self-sustainable, as they will be able to produce U-233 (the thorium isotope).
Flibe Energy, a company started by nuclear technologist and former NASA aerospace engineer Kirk Sorensen, is conducting research on LFTR technology with a view to eventually incorporate these reactors not just into electrical energy generation, but also into fields as vastly different as desalination, cancer treatment, and deep space exploration.
Creating the Nuclear Reaction
Still, the fissile material that enables a thorium reactions is actually fairly difficult to supply...
For years, the U.S. has had a steady stream of U-235 coming in, but that runs out this year.
Following the fall of the Soviet Union in 1991 and the Lisbon Protocol in 1992, the U.S. and Russia arrived at the U.S.-Russian Highly Enriched Uranium Agreement, or what came to be known as the “Megatons to Megawatts Program.”
Under the terms of the 1993 agreement, Russia would dismantle Soviet nuclear warheads and convert 500 tonnes of highly-enriched uranium to low-enriched uranium, which would be sold to the U.S. for use in nuclear reactors.
By 2013, ten years after the start of the program, all 500 tonnes would be converted. As a result, the U.S.’s steady supply of uranium came to a halt in 2013.
But for thorium, it might not be as bad as it seems. After all, U-235 isn’t the only fissile material that could be combined with thorium for a nuclear reaction...
U-233, an isotope of thorium, can react with thorium for a nuclear reaction. And this is the focus of the LFTRs, as it could lead to self-sufficiency of these reactors with the recycled waste.
It’s not easy. Thermal breeding, as the process is called, requires the reactor to produce more fissile material than it consumes, and it requires a highly specialized type of reactor.
Regular nuclear reactors are unable to breed to the point where it is unnecessary to add more of the fissile material. But many LFTRs are being designed as breeding reactors. While regularly adding thorium to these reactors would be necessary, adding U-233 would not. Enough fissile material would be created in the reactions to sustain it on its own.
Investing in Thorium
Investing in thorium can be tough, as it’s not yet used for nuclear power generation. Companies like Flibe Energy, which is focused on thorium reactors, are still private.
Uranium Mining Companies
Several uranium miners, like Cameco Corp. (NYSE: CCJ) and Unity Energy Corp. (UTY.V), are mining uranium in areas that also have concentrations of thorium.
Though neither company has reported on significant mining of thorium, both are well-positioned to profit should the demand for the metal skyrocket.
As thorium reactor testing continues in nations like Norway and India, and major investors like Bill Gates (whose company TerraPower has also begun testing thorium reactors) get involved, attention to the metal will only grow...
Research on these reactors will lead to implementation, and that will lead to profits for the well-positioned investor.
Thorium is the key nuclear fuel of the future. Keep a close eye on this one.
"thorium" Never heard of it.
Investing in thorium can be tough, as it’s not yet used for nuclear power generation. Companies like Flibe Energy, which is focused on thorium reactors, are still private.
https://www.energyandcapital.com/resources/thorium-investing/51975#:~:text=Investing%20in%20thorium%20can%20be,add%20to%20your%20portfolio...
Take a look at the word thorium.
What do you see?
Those familiar with Norse mythology or the Marvel comic books might notice the root of the word is Thor, the name of the god of thunder. Thor is known for his strength and power, wielding a hammer and controlling the lightning and thunder.
The name alone implies a superhuman power, a superior energy. And the element doesn't disappoint...
Thorium is a radioactive chemical element that can be found in soil and rocks. In its purest form, it appears as a silver metal, but when heated in the air, it becomes like a white light, like lightning.
Thorium is currently used in things such as light bulbs and camera lenses. It can create a high-quality refractive glass, and its high melting point can allow ceramics to resist high temperatures.
But light bulbs and ceramics aren’t what have the energy industry watching closely...
Heat resistance is.
You see, thorium’s ultra-high melting point can be useful in more than just ceramics. Heat resistance is something scientists and energy specialists alike have been trying desperately to achieve with nuclear energy.
One of the biggest issues with nuclear plants is the meltdowns that can occur if the uranium is not cooled properly. We saw that tragically exhibited in Japan in 2011, when an earthquake and tsunami caused a series of meltdowns at the Fukushima Daiichi plant. The fact that the only other disaster of that caliber was the 1986 Chernobyl disaster has done little to ease the minds of world governments and energy companies. This simply highlighted the tragedy that can come along with it.
Which is why thorium’s properties have become so coveted. If the material were virtually meltdown-proof, the clean energy possibilities would be endless.
There is only one problem: Thorium is unable to sustain a nuclear reaction on its own.
Thorium in Nuclear Energy
Thorium’s inability to sustain a nuclear chain reaction causes a problem, but it’s not one without a solution.
The material can actually prove quite effective when combined with a fissile material — one that is able to sustain a nuclear reaction.
These materials include uranium-233 (which is actually an isotope of thorium), enriched uranium (U-235), and plutonium (Pu-239).
The use of thorium in a nuclear reaction significantly lowers the waste produced; of the waste that does occur, radioactively decaying elements are lowered as well. Combined with weapons-grade uranium, for instance, one University of Oslo researcher found that thorium can aid in reducing radioactive waste by up to 95%.
And the safety of a thorium reactor compared to one using uranium is much higher. As mentioned before, thorium’s high melting point makes a nuclear meltdown much less likely.
But thorium can’t be used in just any nuclear reactor. Only seven types are safe for thorium reactions, including heavy water reactors, high-temperature gas-cooled reactors, boiling (light) water reactors, pressurized (light) water reactors, fast neutron reactors, molten salt reactors, and accelerator driven reactors. Molten salt reactors and accelerator driven reactors are still conceptual, though the other five have all been operational at some point.
The liquid-fluoride thorium reactor (LFTR), a type of molten salt reactor, is being touted by many as the best solution to thorium-powered nuclear energy. In these types of reactors, thorium and uranium fluorides are combined into a salt mixture that’s heated to a molten substance, which is then used to fuel the reactor.
These reactors have the potential to become self-sustainable, as they will be able to produce U-233 (the thorium isotope).
Flibe Energy, a company started by nuclear technologist and former NASA aerospace engineer Kirk Sorensen, is conducting research on LFTR technology with a view to eventually incorporate these reactors not just into electrical energy generation, but also into fields as vastly different as desalination, cancer treatment, and deep space exploration.
Creating the Nuclear Reaction
Still, the fissile material that enables a thorium reactions is actually fairly difficult to supply...
For years, the U.S. has had a steady stream of U-235 coming in, but that runs out this year.
Following the fall of the Soviet Union in 1991 and the Lisbon Protocol in 1992, the U.S. and Russia arrived at the U.S.-Russian Highly Enriched Uranium Agreement, or what came to be known as the “Megatons to Megawatts Program.”
Under the terms of the 1993 agreement, Russia would dismantle Soviet nuclear warheads and convert 500 tonnes of highly-enriched uranium to low-enriched uranium, which would be sold to the U.S. for use in nuclear reactors.
By 2013, ten years after the start of the program, all 500 tonnes would be converted. As a result, the U.S.’s steady supply of uranium came to a halt in 2013.
But for thorium, it might not be as bad as it seems. After all, U-235 isn’t the only fissile material that could be combined with thorium for a nuclear reaction...
U-233, an isotope of thorium, can react with thorium for a nuclear reaction. And this is the focus of the LFTRs, as it could lead to self-sufficiency of these reactors with the recycled waste.
It’s not easy. Thermal breeding, as the process is called, requires the reactor to produce more fissile material than it consumes, and it requires a highly specialized type of reactor.
Regular nuclear reactors are unable to breed to the point where it is unnecessary to add more of the fissile material. But many LFTRs are being designed as breeding reactors. While regularly adding thorium to these reactors would be necessary, adding U-233 would not. Enough fissile material would be created in the reactions to sustain it on its own.
Investing in Thorium
Investing in thorium can be tough, as it’s not yet used for nuclear power generation. Companies like Flibe Energy, which is focused on thorium reactors, are still private.
Uranium Mining Companies
Several uranium miners, like Cameco Corp. (NYSE: CCJ) and Unity Energy Corp. (UTY.V), are mining uranium in areas that also have concentrations of thorium.
Though neither company has reported on significant mining of thorium, both are well-positioned to profit should the demand for the metal skyrocket.
As thorium reactor testing continues in nations like Norway and India, and major investors like Bill Gates (whose company TerraPower has also begun testing thorium reactors) get involved, attention to the metal will only grow...
Research on these reactors will lead to implementation, and that will lead to profits for the well-positioned investor.
Thorium is the key nuclear fuel of the future. Keep a close eye on this one.
I used to be a Vikings fan until K.C. beat them in the Superbowl. The fact they are 0 and 3 this year reminds me of the pain.
Uranium Investors Bet Big On Nuclear Renaissance
https://oilprice.com/Alternative-Energy/Nuclear-Power/Uranium-Investors-Bet-Big-On-Nuclear-Renaissance.html
Summary>>>>>
Dozens of governments and influential bodies that were formerly opposed to nuclear energy are now openly embracing and hailing it as a necessary player in the global electrification and decarbonization drive.
Uranium markets have lately been on a roll after prices for yellowcake gained more than 20% YTD.
Global uranium production dropped by 25% from 2016 to 2020 amid low prices before recovering slightly to 49,355 metric tons last year.
Uranium Investors Bet Big On Nuclear Renaissance
https://oilprice.com/Alternative-Energy/Nuclear-Power/Uranium-Investors-Bet-Big-On-Nuclear-Renaissance.html
Summary>>>>>
Dozens of governments and influential bodies that were formerly opposed to nuclear energy are now openly embracing and hailing it as a necessary player in the global electrification and decarbonization drive.
Uranium markets have lately been on a roll after prices for yellowcake gained more than 20% YTD.
Global uranium production dropped by 25% from 2016 to 2020 amid low prices before recovering slightly to 49,355 metric tons last year.
The Eagles- Peaceful Easy Feeling (live) HD
https://www.youtube.com/watch?v=dE192tnCD3Q&ab_channel=andyd
Collective Soul - The World I Know (Live performance with Lyrics
https://www.youtube.com/watch?v=VNI9TmPUe1k&ab_channel=darksidemty
And this cash interest rates is partly why stocks are struggling. This stock "bubble" was caused by bank interest rates going to "Fuck you" from inflation plus 1% in the past.