Replies to post #18 on Nuclear Energy Stocks

[gfp927z]

>> excuse not to build (nuclear power plants) <<

Yes, and the broader idea was to keep the emerging countries backward. For an extended period of years the US sat unchallenged atop the 'unipolar' world and could get away with it. In the early 1990s the Soviet Union had collapsed, and China was not yet developed enough to be a viable competitor to the US.

So the US/West finance oligarchy was the only game in town, and used the IMF and World Bank to indebt and asset strip the emerging countries (see John Perkins' famous book 'Confessions of an Economic Hitman'). But now these emerging countries have a choice (China-Russia-BRICS), and they're voting with their feet.



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[gfp927z]

>> Nuclear sector <<

Fwiw I picked up some modest positions ($1000 each) to get exposure to the nuclear sector (list below). In addition to the 'big picture' fundamentals, the longer term chart setups also look promising -


Global X Uranium ETF (URA) - (1.6 Bil) 0.69%
Sprott Uranium Miners ETF (URNM) - (931 mil) (0.83%)
VanEck Uranium + Nuclear Energy ETF (NLR) - (71 mil) 0.61%

Centrus Energy (LEU) - Nuclear fuel + svcs for the nuclear power industry (704 mil)



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