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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (217524)11/4/2025 12:35:25 PM
From: Maurice Winn3 Recommendations

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Arran Yuan
gg cox
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When I was a boy in the 1950s I got a book from the Onehunga Carnegie library. Hooray for Andrew Carnegie and super rich people because they are the people who can afford to do great things that regular people can't risk or afford. In said book there was description of nuclear reactors. It claimed that electricity would be free or close to it. In the 1970s in Arnprior near Ottawa I had a customer, Jay Pineau of Noranda Metal Industries who was building and running a nickel zirconium tube manufacturing factory for Candu nuclear reactors. Decades later, nuclear reactors have fizzled if not gone Chernobyl, Fukushima, three mile island.

Decades ago the nuclear reactor sellers claimed that nuclear reactors were so safe that failure risk was 1 in 10,000 years. That was absurd to me because even without something going wrong, wars, civil conflict, vandalism, asteroids, happen yearly and certainly in decades or a century or two. Nuclear reactors would be a primary target. 1 in 10,000 years was soon proven false.

Decades later and I'm wanting to produce electricity near Auckland. So I checked prices for 300 megawatts. Cheapest is photovoltaics. Twice the price is thermal but with fuel purchase price an extra. Nuclear would be ten times the price, take a decade and have running costs too.

Photovoltaics run intermittently but that's okay because hydroelectric can supply when it's dark and my stacks of millions of little batteries will be a big sink and buffer.

I've got a quadrillion terawatt reactor running now which never goes on the blink though it admittedly goes spastic every century or so and fires out a blast at Earth which fries electrical systems. Made in China silicon panels collect the energy for something like 5c per kilowatt hour. I can sell all I can make for 20c per kw hour. When Taupo blows up I'll charge $5 per kw hour until people get generators etc.

Thorium reactors will be better than uranium, but is it cheap enough to beat my vast sky reactor which doesn't even need a permit? Fusion reactors same problem. In BP in 1986 we were spending $millions on fusion. No good.

Mqurice
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