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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (156606)	9/13/2011 3:54:04 PM
From: Jacob Snyder	Read Replies (3) \| Respond to of 206085

fallout from France nuclear accident: (this is an excellent balanced article, from a nuclear engineer): Although the Fukushima crisis will probably not put off committed projects, it may delay or kill off wavering ones. Such an effect further shifts the balance of nuclear new-build to China and India, whose programmes up to, and after, 2030, could set the new-build standard for other countries in the world. nuclear reactors currently under construction: 61 world 27 China 10 Russia 5 India neimagazine.com 1 dead after fire at French nuclear waste site: There was no chemical or radioactive discharge from the Centraco plant in the town of Codolet in southern France...A fire in a furnace at the Centraco site was brought under control at 1:06 p.m. local time, leaving one of the injured in critical condition from burns... boston.com The accident happened just three days before EDF, the operator of the country's 58 reactors, was due to report to France's atomic regulator on the ability of its plants to withstand emergencies. Given the facility involved in the blast yesterday wasn't included in those stress tests, the government is being urged by the opposition Socialist Party to reconsider... ...The tests are being carried out ahead of France's presidential elections next year, in which Socialist Francois Hollande is a leading contender against President Nicolas Sarkozy, according to polls. Hollande has said France should reduce its dependence on nuclear power... news.businessweek.com Marcoule is on the list of candidate sites to host one of the European Pressurised Water Reactors (EPRs) that according to government policy are to provide the next generation of French citizens with nuclear electricity. bbc.co.uk Monday’s blast in France that killed one at a nuclear waste site has given a fresh boost to anti-nuclear protests in Tamil Nadu. Over 100 people have been sitting on an indefinite fast since Sunday and about 10,000 villagers have gathered... ...Among those who have lent their support to the movement are, Rev Ivon Ambriose, bishop of the Thootukoodi Roman Catholic Church and (the) head of Ayya cult, Balaprajapati Adigalar from Kanyakumari. hindustantimes.com my comment: It doesn't matter, that no radiation was released, and it was blast (not radiation) that killed and injured. This event is important, because it will remind everyone of Fukushima (and Chernobyl). It's like a soldier with PTSD, hearing a car backfire, and re-living his battlefield horror. This can be dismissed as irrational/emotional/non-scientific, but it's still very real. Also, it demonstrates the inability of anyone (U.S., Russia, Japan, and now France) to run their nuclear industry safely. Different designs, different governments with different regulatory attitudes, but nobody can do it safely. There are so many different stocks, in so many different types of energy, I can choose companies whose products are 100% certain to have a future market. There is no need to take gambles, and I've concluded (after seriously considering the issue) nuclear is too risky. I may reconsider this later, but for now I'm back on the sidelines.

To: Jacob Snyder who wrote (156606)	9/13/2011 11:19:38 PM
From: ChanceIs	Read Replies (1) \| Respond to of 206085

>>>we should have seen a fall in margins, before the market fell<<< Yes. Yes. What you say is true. But we are outside of the envelope because that pointy-headed, prick from Princeton has prodigiously printed pecumium. Also note that that which lead to that profit margin growth are a tools out of the bag which can't be used again - layoffs, lowered fuel prices ($35 crude), dropping interest rates (can't go lower - all demand which can be pulled forward has been).