Sources of Uranium

The New Cold War: The “Putinization” of Uranium

Although we don’t like to admit it,  Uranium is a big part of the energy picture with roughly 16% of the world’s electricity coming from nuclear power. In the U.S. it is almost the same at 19%, with 37% coming from coal, 30% from Natural Gas, 7% from hydro-power, and only 5% from other renewable sources including 3.46% from Wind, 1.42% from biomass, 0.41% from geothermal and only 0.11% from Solar. So Solar power would have to increase by 2000% to replace Uranium. This is not from some perverse desire by the electric companies but simply because the economics of nuclear power has been favorable with cheap Uranium and expensive solar panels. But with the advent of fracking Natural Gas is becoming cheaper in the U.S. while as we will see in this article Uranium will become more expensive shortly. Another factor playing against Solar power is the ability for decentralization as each homeowner could produce their own power but this would involve homeowners taking the responsibility for their own future and naturally this is not in the power company’s best interest, so it has been downplayed as an option.

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Gold

Buy Gold and Silver NOW

You’ve undoubtedly read about the dramatic increase in demand for gold and silver bullion products since the big correction. Supply has gotten tight, premiums are rising, and inventory is hard to come by, especially for certain silver products. But it’s worse than you may know. Many of these reports come from the retail side of the business, including those from sovereign mints. This information is indicative but more important is the activity among the wholesalers. It’s possible the retail trade is just experiencing a giant bottleneck, which would come with a different set of conclusions than if behind the scenes the wholesale industry is seeing net sales.

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Cyprus-Canada

If Cyprus Is the Bellwether, Canada Is the Red Flag

If Cyprus is the bellwether, then Canada is the red flag, showing that Cyprus is not an isolated situation. The damage wreaked by monumental debt is systemic, and it has taken place throughout the First World and beyond.

This latter statement will very likely be the most difficult to accept as reality. If so, here is something to consider: Canada has approved its bail-in on a national level just one week after a final decision was made in Cyprus. As we all know, the wheels of governments worldwide move slowly. The reader might ask himself whether he believes that the Canadian government has, in short order, approved its own bail-in, in reaction to the events in Cyprus. If this possibility is simply too far-fetched, he must accept that the plan for Cyprus has been known to the Canadian government for some time and that a similar bail-in for Canada has been in the works for a while. It was simply agreed that Cyprus would go first – to act as the litmus test.

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Oil Prices

Bits and Pieces from Casey Research

For a new shale discovery – however large it maybe – it would take years just to prove up its commercial viability, another few years to get the infrastructure running, and even more years before it produces enough to matter. This means there are tremendous opportunities to profit – for those who are in the know – while we wait for the rest of the world to catch up.

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Revenue Management

Trends: Revenue Management

One of the hottest new trends today is developing pricing effectiveness solutions. Good pricing effectiveness comes from determining a person’s willingness to pay. Companies specialize in “revenue management” by tracking a customer’s willingness-to-pay and helping a company to optimize its revenue stream based on that willingness. For instance, in the case of that airline passenger, one person absolutely needed to get somewhere at the last minute and therefore he was willing to pay almost anything for a seat on that plane. And the other person was looking for a bargain and only flew because the flight was cheap. Just like the vender in the stall in the 3rd world, if you could determine the person’s desire level, theoretically you could charge the first person a much higher rate while simultaneously charging the second person much less.  Unfortunately for companies (but fortunately for consumers) companies are not mind-readers so they can’t squeeze the absolute last dollar out of you… Or can they?

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Porche Sales

The Greatest Wealth Transfer in History

All governments engage in larceny and fraud, using their authority to transfer wealth and power from the outsiders to the insiders. But the clever government does so by deception… while the clumsy one does so with no pretense or excuses. In the US, for example, the feds deny savers any financial return from their economies under the pretense of “economic stimulus.” Wage-earners get nothing, while bankers, speculators and zombie grifters are rewarded with ultra-low-cost financing, capital gains, bailouts, and giveaways.

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Job Security

In a changing economy, it is important to be confident that your job is secure before you make long-term investments. The future is not certain and if you lose your job you will require liquidity or you could end up in financial ruin. The key is to have at least 6 months of living expenses socked away in liquid assets before you invest in less liquid things like real estate, timber or privately held businesses. Although stocks are more liquid in a sudden downturn like we experienced in 2008 liquidity can be severely impaired (if there are no buyers) or you may be forced to liquidate at a significant loss. Warren Buffet is famous for maintaining massive amounts of cash waiting for just such an opportunity when he can name his price and everyone else is so strapped for cash that they have to accept his offer.

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Business Franchise

Buy a Business Franchise or Start Your Own?

Many people dream of owning their own business, setting their own hours, and being “the boss”.  Some budding entrepreneurs find that it can be a smart move to invest in or buy an established business rather than starting their own. Depending on a number of factors, there can be considerably less risk in acquiring or investing in an existing business rather than starting one from scratch. Another way to limit your risk is to go with a successful business franchise.

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Physical Gold vs. Paper Gold

Physical Gold vs. Paper Gold

Looking at the factors forcing the price of gold down last week caused me to scratch my head a bit. Even though the price of gold was falling on the futures market anecdotal evidence showed that physical gold dealers were doing a booming business as sales volume was actually up by 50% last week as buyers of the physical metal were jumping on the opportunity to buy gold at a discount. So I wondered how could demand for physical gold be up while prices continued to fall? The answer it appears is that there is a major disconnect between physical gold vs. “paper gold”. In today’s article, Bud Conrad looks at the factors in this disconnect.

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