The “No Nukes” era has been replaced by the “Go Nukes” era…and uranium stocks are a great way to play the trend.
The nuclear industry is about to experience a breakout, and it’s going to be a major investment opportunity. Lately, I’ve been talking with people in the nuclear business, from uranium miners to reactor designers to government minders and check signers. Everything I’ve heard leads me to believe that 2010 will be a good year – finally – for the nuclear industry.
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Nuclear Power: The King of All Energies
Nuclear will give you, by far, the most energy for your money right now.
The best way to view this issue is in terms of what physicists call ‘energy density.' That is, let's measure the amount of energy stored in a given volume or mass of a certain substance or material.
Below is a table that I put together expressing the energy density of an array of materials in terms of megajoules of energy per kilogram. A megajoule – MJ – is 1 million joules, or approximately the kinetic energy of a 1-ton vehicle moving at 160 km/h (100 mph). The point is to show that if something has a high energy density, then less physical material will release the same amount of energy:
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