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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (72028)3/15/2011 7:39:37 AM
From: carranza21 Recommendation  Respond to of 219566
 
As I appreciate it, if the cores have melted, there is a danger of an explosion if they touch water.

Seems to be a conundrum, once the very high temps are reached, it is not possible to cool with water. The operator must rely on the integrity of the chamber in which the reaction is taking place.

This is the last line of defense before a truly catastrophic result takes place. I think this is where we are as we speak, at the precipice.

Times three.

If these last chambers hold, there will be a relief rally the likes of which you have never witnessed.

Place your bets.

I am staying put.

I am at a 65/35 gold-treasuries mix. Gold is getting hit, but not too hard, treasuries OK. I count my miners, primarily NGD, as part of the 'gold' mix. I expect it will be hit hard today. I may buy more, or simply buy more gold.

In the coming unprecedented global catastrophe, I wonder if gold is truly the place to be. The flight to safety to the USD is not what I thought would take place, but it appears to be the case.

Edit:

Zerohedge now reporting that a fire in the no. 4 reactor seems to have been caused by spent rods placed in cooling pools which I gather are much like swimming pools. Seems that the pools which, unf*****believably, are onsite, may have been damaged, allowing the cooling water to drain. The spent rods caught fire and are now the source of substantial radioactive material. It appears that except for the placing of these spent rods in pools, very little is done to protect them.

zerohedge.com