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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (6386)1/7/2007 5:35:04 PM
From: TheSlowLane  Read Replies (1) | Respond to of 30232
 
"Nothing is forever."

Except your skepticism. There seems to be no end to that! <g> None of the things that you mentioned are going to have a material impact on the fundamental situation for the forseeable future and that is the timeframe within which I am operating. Unless a perpetual motion machine is announced anytime soon, the supply/demand fundamentals for uranium seem to be about the strongest I can find for any of the metals. Do you own any uranium stocks or are you just here to remind us that someday the bull market will end? I can think of better ways to spend my time in a bull market. Making money comes to mind.



To: russet who wrote (6386)1/7/2007 6:18:57 PM
From: Land Shark  Read Replies (1) | Respond to of 30232
 
russet is Dr. Doom incarnate. Being a CIO, as you claim you are, you probably have a vested interest in lower energy prices. So you're just spouting wishful thinking. The infrastructural changes you're referring to take more than a couple of years. Appliances are at their lowest possible energy consumption currently and it requires engineering/science advances to further their efficiency. All these require time and effort and a consumer demand. I don't see any sort of consumer move for more energy efficiency. Energy remains cheap even at current elevated levels. North Americans are more consumed with greed and the drive towards more and more personal luxury. Consumption MAY go down if the credit bubble in the USA finally bursts. So long as theirs always GDP growth, that wont happen.

What's you're motivation to always be contrarian? You should air you're views on some tech stock thread, where they're probably more welcome.



To: russet who wrote (6386)1/7/2007 6:45:12 PM
From: Tommaso  Read Replies (2) | Respond to of 30232
 
Actually I find even more to agree with in your post than I thought I did at first.

Over the last few years, we have replaced our old refrigerators with efficient models that use less than half as much electricity, and have disconnected an especially wasteful old freezer. We have a new and much more efficient air conditioner. I use flourescent bulbs in as many fixtures as possible now. As a result, our home's consumption of electricity is down by about 30%--maybe more. The electric bill is less than the Cable TV bill, usually.

Also, I now drive a Prius, and can contemplate $10 a gallon gasoline with equanimity.

I have a very efficient woodstove in the fireplace and can heat the entire house with it, if I choose to, sometimes from downed tree limbs in a nearby park.

Americans have a huge fund of ingenuity and intellectual energy. It's too bad that our country is being directed by the type of people who started the Mexican War than by our Ben Franklins and John Adams types of people.