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Uranium Shares

Updated November 16, 2018 : BUY NOW ! Germany, Japan and the USA are resuming the nuke power programs.

uranium logo
  • 1 pound provides as much fuel as 3.5 barrels of oil, 17,000 cu.ft. of natural gas, and 1 Ton of coal. 5 pounds Uranium produce a household's electricity consumption for a year.
  • Sector is momentarily suffering from Misallocation of funds, into what Propaganda calls "Renewable Energy" !
  • It takes nearly 7,000 wind turbines to equal the output of a single typical nuclear power plant!
  • The production of Solar Panels leave 300 times more waste per Kw than the waste left by Nuclear Power stations to produce a similar quantity of 1 Kw of energy.

The Price of Uranium Goes Up — Or The Lights Go Out. The IEA believes that the fully loaded cost to produce a pound of uranium (that includes that cost of capital), is about $60 [per] lb. Right now the industry worldwide makes the stuff for about $60 [per] lb., and sells it for $25.00 [per] lb. — or loses about $35.00 [per] lb. This doesn’t work well.”
Cameco, the most important uranium producer in the world, has shut down two very large mines, and they’ll be very expensive and time consuming to reopen. The Kazaks have reduced their capital expenditures which have reduced their production by about 10% — so we’re beginning to see supply destruction in the uranium space.”
When you balance the supply and demand equation with supply destruction — the upside that you can see in commodity prices is much greater than otherwise would be the case.  In the case of uranium, the price response can be potentially explosive, because the price of uraniu is almost irrelevant in terms of the value of the final product produced. If you and I have spent $5 billion on a power plant, and we’re using a million pounds of uranium a year … if the price of that uranium doubles … from $25 per lb. to $50 per lb. … it doesn’t matter at all, relative to the capital that we have already invested in the plant.”

****

Huge low risk step in opportunity...this is the time to buy - click on the name of the company for the home pages...  
Short term candle
(DML.TO) Denison Mines* Long term PF
DMLto candle1
  • Jan 16 - Feb 27, 2016 : bullish SAUCER ?
  • Mar 14 - Apr 19 - May 12 : we may have a Bear Trap = extremely bullish.
  • June 13 - July 1: Volume always precedes the PRICE.
  • Nov 3: Double Bottom
  • Jan 11 - Feb 8, 2017: bull run
  • March 8: BUY
  • July 18: breakout on candle chart.
  • August 14 - Oct 17 - Nov 11: more bottom and a STRONG buy
  • Dec 23: buy the correction
  • Jan 7 - Feb 12 - Mar 26, 2018: strong buy
  • June 8 - Oct 20: buy and be PATIENT
  • Nov 16: coming alive!
DMLto candle2 
Short term candle
(LAM.TO) - Laramide Long term PF
LAMto candle1
  • Jan 16 - Feb 28, 2016: Bottom - BULLISH WEDGE
  • Nov 3: Double Bottom
  • Dec 15: breaking out...BUY
  • Jan 11 - Feb 8, 2017: bull run
  • July 18: up it goes
  • August 14-Sep 1: more bottom and a buy
  • Nov 11: STRONG BUY
  • Dec 23: buy the correction
  • Jan 7 - Feb 12 - Mar 26, 2018: Screaming BUY.
  • June 8 - Oct 20: buy and be PATIENT
  • Nov 16: coming alive!
LAMto pf1
Short term candle Cameco (CCJ)*** 3.51% yield Long term PF
CCJ candle1 
  • Jan 16 - Mar 14 - Apr 19 - May 12, 2016: Bottom - Mother of all Support lines.
  • June 13 - July 1: when will we see some action?
  • August 9 - Sep 15: KEY REVERSAL = STRONG BUY
  • Nov 3-19: the stock is cheap as chips...
  • Jan 11 - Feb 8, 2017: bull run
  • March 8: Bear Trap+Breakout = BUY
  • August 14-Sep 1: more bottom and a buy
  • Nov 11 - Jan 7 - Feb 12 - Mar 26, 2018: Strong BUY as Cameco decides to cut production of Uranium...
  • June 8: fresh BREAKOUT and buy
  • July 8 - Aug 18: bull run - the best horses leave first.
  • June 8 - Oct 20: buy and be PATIENT
  • Nov 16: coming alive!
CCJ pf1
Short term candle

(WWR) Westwater Resources is new name for Uranium Resources (URRE)  - this co Clinton used to sellout American Uranium to Putin

Co. destroyed by the Clinton's and Obama....BAD!!! replace by any other Uranium co.

Long term PF
WWR candle1
  • Jan 16 - Mar 14 - Apr 19 - May 12, 2016: Bottom
  • June 13: action we have...and almost a doubling
  • Nov 3 - Dec 14: coming alive...
  • Jan 11 - Feb 8, 2017: bull run
  • March 8: mind the breakout and backtest = BUY
  • July 18 - August 14: weak buy
  • Sep 1: strong buy.
  • Oct 17 - Dec 23: more bottom...
  • Jan 7 - Feb 12 - Mar 26, 2018: Buy
  • May 11: replace by any other uranium co. and thank Hillary & Obama for the loss.
  • June 8 - July 8 : potential BREAKOUT...
  • Sept 13 - Oct 20: breakout aborted...
  • Nov 16: coming alive!
WWR pf1 
Short term candle
BWXT (mfg. small nuke power plants)** - 0.74% yield Long term PF 2:1 split
  BWXT candle1 Manufacturer of Small Nuclear Power Stations and components
  • Babcock & Wilcox Successfully Completes Spin-Off, To Trade As Independent Company...click here for more
  • Jan 16 - Feb 28, 2016 : BUY the Backtest
  • Mar 14: BREAKOUT, fresh bull run and BUY
  • June 13: this could be the TOP of the trend channel = CAUTION!
  • Jan 11 - Oct 17 - Nov 11, 2017: secular uptrend
  • Dec 23: HOLD with Stop Loss
  • Jan 7, 2018: still a BUY
  • Feb 12 - Mar 26 - June 8 : SELL
  • July 8 - Aug 18: support of 50 day MA
  • Sep 13: Overbought = Take your profit.
  • Oct 20: Buy Climax = Caution
  • Nov 16: The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BWX Technologies, Inc. (“BWX” or “the Company”) (NYSE: BWXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
BWC pf1
Short term candle Rio Tinto (RIO)*** - 4.56% yield Long term PF
RIO candle1
  • Jan 16 - Feb 28, 2016: Stop Loss
  • Mar 14: or BEAR TRAP !?
  • Apr 19 - Sep 15: BEAR TRAP + BUY signal
  • Nov 3 - Dec 14:  a strong buy
  • Jan 11- Feb 8, 2017: bull run
  • March 8: BUY the correction
  • April 21 - May 25: Backtest completed = BUY
  • July 18 - Aug 14 - Oct 17 - Nov 11: a BUY it still is.
  • Dec 23 - Feb 12 , 2018: double top breakout = buy
  • Mar 26: buy the dip
  • June 8 - July 8: mind the Target !
  • Aug 18: correction
  • Sep 13 - Oct 20: BUY
  • Nov 16: positive is stays...
RIO pf1

 

The uranium market is in a unique position such that the world’s largest miner of the metal would rather buy on the spot market than mine itself. That says a lot about the marginal cost of production relative to current prices.

The uranium prices have fallen to a level which is more than surrealistic. Uranium and Uranium shares have become a once in a lifetime opportunity and will go ballistic once the actual reserves are depleted. This should normally happen before end of 2017. When this market explodes, it will be like the Gold & Silver mine sector on Steroids. URA went up by 45% over the past 6 months! (April 2017).

Cameco is cutting Uranium production (Nov 2017) - The bulk of the American Uranium reserves were sold out to Russia by the Clinton's !!!

Molten Salt reactors never got the go ahead in the early days of nuclear development because of the difficulty of producing weaponized materials from them. In the current age that is one of the primary points in their favor since what we need is a non-proliferation friendly design that is less susceptible to meltdowns. Nevertheless, it will be years before we have a working prototype.

****


small modular reactor

mini nuke plant by BWC

perfo uranium 2013

performance - click to enlarge - from Dec'13 to July '14 = 11%

nuclear stationEnergy facts:

- At $100/lb the uranium ends up costing 1/2 cent per KWh
- At $20/Tonne the cost for coal equals 1 cent/KWh
- At $1.50/MBtu in natural gas the cost is 1 cent/KWh
- At $90/barrel the cost is 15 cents/KWh
- Today the World counts 467 nuclear reactors. There are 67 plants under construction and 301 planned (mainly in Asia and Russia).
- While nuclear energy powers one out of every five homes in America, the US currently imports more than 90% of the uranium required for its nuclear reactors. Most Uranium is in the hands of Putin (Russia)

nuke plants

price of uranium
- It takes 5 tot 10 years before a nuke power plant is operative. A lot of time has been lost because of the irresponsible behavior of GREEN politicians.
- At this point there is at least a 150% profit locked in our Uranium mines (see candle chart of Uranium one).
-
Japan has decided to reactivate all its nuclear power plants.
- Solar and wind will only prosper during the transition from Liquid Energy (oil) to Nuclear energy (fission and/or fusion) provided interest rates stay low.

France is building one of the World's first nuclear fusion plants: ITER - click below for more

fusion reactor


Lockheed announces breakthrough on nuclear fusion energy. 100MW reactor small enough to fit on back of a truck. Cleaner energy source could be in use within 10 years. Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade. Tom McGuire, who heads the project, said he and a small team had been working on fusion energy at Lockheed’s secretive Skunk Works for about four years, but were now going public to find potential partners in industry and government for their work.

uranium spot price uranium production consumption
click to enlarge
USA uranium imports 2015 us uranium production 1949-2011

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URA candle2 URA candle1
japan nukes 2016 uranium supply 2016
nuke plants Uranium 2030
uranium LT 2018 06 13  

 

uranium supplydemand uranium production
click to enlarge

uranium supply dec11

sources of uranium 2013
The current price of yellow cake is $ 35 /lbs (dec 2013)

 The United States only controls 3% of global uranium supply—and less than 15% of the enrichment capacity, despite the fact that it's the largest consumer of uranium in the world.


There is a net shortage of global electricity generating capacity projected. IAEA forecasts (Aug 2012) for growth in nuclear power plants range up to 740 GWe in place by 2030, 101% above 2011 installed global operating capacity of 369Gwe. WNA reference case forecast (2011 WNFM study) is 614 GWe of nuclear power generating capacity by 2030. The WNA upper case forecast is 790 GWe by 2030.

world elec prod
 

Strong growth in nuclear reactor construction is expected to continue globally with 484 planned and proposed nuclear reactors (Nov '12) up 2 from 482 pre-Fukushima (Mar '11). Growth is expected to remain particularly strong in Asia, with Chinese expansion continuing to lead the pack. China's official installed nuclear capacity projections are 70-80 GWe by 2020, 200 GWe by 2030 and 400-500 GWe by 2050. This compares with a 12 GWe capacity today (15 reactors). China has 26 reactors currently under construction.

Support and demand for new nuclear power reactors is expected not only from China and India, but also South Korea, USA, UK, the Middle East, Russia and Ukraine. Demand for uranium is expected to increase from around 164mlbspa U3O8 in 2011 to 226mlbspa by 2020 and 280mlbspa by 2030. Current primary supply of uranium (139mlbs U3O8 2011) is only around 50% of expected uranium demand in 2020.


Windmills or Nuclear power stations?

Let's take two typical examples: a GE 1.5 MW wind turbine, and the Comanche Peak Nuclear Generating station outside of Dallas, Texas. Comanche Peak has 2 reactors, with a combined capacity of 2.5 GW.

So, to find out how many wind turbines we would need to generate the power of Comanche Peak, we first need to divide the total reactor output by the nameplate rating of a wind turbine:

2500 MW / 1.5 MW = 1,667

But not so fast: most wind turbines only have an average capacity factor of around 25%, meaning that they only produce, on average, about 25% of their rated capacity (nuclear power plants have an average capacity factor of more than 95%). So multiply the number of turbines required by four to get the real requirement:

1,667 * 4 = 6,668

Thus, it would take nearly 7,000 wind turbines to equal the output of a single typical nuclear power plant!

But that's not all: since wind speeds naturally vary a great deal, you need to build coal or natural gas backup generating capacity equal to 100% of the total nameplate capacity of the wind farm. This is born out in the experience of Denmark, which has more installed wind capacity per capita than any other nation, but has been unable to shut down even a single one of its coal-fired power plants.

Financial Times March 2014: Mini-nuclear plants safe as windmills, says Urenco boss Helmut Engelbrecht believes there is a growing case for small-scale, modular nuclear plants - particularly in developing countries

The boss of Urenco, the enriched uranium supplier that has been put up for sale with a price tag of £9bn, has made the case for mini-nuclear power plants to solve the energy problems of industry and developing countries. Helmut Engelbrecht said there was a growing case for “small-scale, modular” plants – the type being developed by B&W mPower and America’s NuScale Power – to plug demand for energy without the costs of conventional nuclear.

The challenge for the industry is to come up with something simple and reliable that can beat wind power on cost – a plug in and play unit,” he said. He argued that developing countries in particular faced increasing demand for energy but could not afford the upfront costs of a major nuclear plant, along the lines of the £16bn, 3200MW twin-reactor at Britain’s Hinkley Point C, which can provide electricity for 60 years. There is evidence that a modular plant can be designed that is every bit as safe as a windmill,” said Mr Engelbrecht, whose backing for such technology coincided with news from MPs on the Energy and Climate Change Committee that they planned a new inquiry into “small nuclear power”. The committee said the International Atomic Energy Agency defined “small” as below 300MW.

Mr Engelbrecht was speaking as he unveiled a 13pc fall in Urenco's full-year profits to €463m (£383m) on revenues down to €1.52bn from €1.6bn in 2012 after a "challenging" year. He said he remained "quite positive on nuclear demand". But acknowledged that the industry was still reeling from the uncertainty caused by the Fukushima disaster in Japan in 2011 – and the subsequent decision of some countries, notably Germany, to pull out of nuclear powerGermany's decision hastened the planned sale of Urenco, which maintained its 31pc share of the market and is one-third owned by each of the British and Dutch governments and Germany's two big power groups – RWE and E.On.

Mr Engelbrecht said last year that the fact that Japan was "investing massively in flood walls" showed it was serious about firing up its nuclear plants again.

"They are still building that and lots of these investments are now finished," he said, noting that Japan used to take 10pc-12pc of all nuclear fuels. "But we have been disappointed by the slow progress. There is still uncertainty over Japan's nuclear programme – although the latest indications from the government are that it may return sooner rather than later."

Despite the advent of US shale gas and the subsidies for investment in renewable energy, Mr Engelbrecht expected demand from China and India in particular to fuel major expansion of the current 440-strong nuclear power station fleet. "If you look at global energy demand it's still predicted to double over the next 30 years and nuclear is expected to double as well," he said. "There are 70 reactors in construction, 170 in planning and more than 300 being talked about."

He expected Britain to build more new plants given that its 50-year nuclear programme had been "a great success". He admitted "subsidies and shale could kill the short-term case for nuclear" but added: "Nuclear is a long term business. You invest for 60 years. I don't see subsidies for renewables lasting for that time." Despite the profits fall, last year's dividend rose by €80m to €270m. Mr Engelbrecht denied Urenco's shareholders wanted more cash out of the business because they were struggling to sell it.

He said they had received "quite modest increases in dividends", while Urenco ramped up its capital expenditure including a new £500m UK facility to store depleted uranium at its Capenhurst site near Chester. "It is logical now that we need less money, while they would like a little bit more," he said. He declined to comment on when he thought the business would be sold – or on the recent calls from some Dutch MPs to call off the mooted sale.


Boiling water nuclear power station :

boiling water reactor


Small nuclear reactor by Babcock:

 

small-modular-nuclear-reactors

 

Nuclear Power dangerous !? why not ask those who have been and are working on a Nuclear Submarine?


 

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