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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
Qingyu
manchester, UK
Posts: 1763
13 years ago
Mar 14, 2011 19:27
emmm, maybe i educated in uk, but my english is rubbish...@-@
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 14, 2011 18:53
Qingyu, yes understand china position. I think my reply was misleading by deviating. Btw, I thought you were british citizen, what made me think that.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Mar 14, 2011 17:34
cat0nip, i will buy a home just next door to chinese nuclear plant!
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Mar 14, 2011 17:32
Nuke power has seen its final days. Possibly China and Russia will further rely on nuke but the developed densely populated idustrial economies will not. Its over. Why? COST! It matters not so much that nuke power is not in all cases controllable it matters that cost is not calculable.
You don't buy a home if there is a probability , no matter how small, that it one day cost you
10 million, although if all goes well the cost is 300.000. I think however credit tightening will also kill nukes in China.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Mar 14, 2011 17:24
just ask professional friend in nuclear plant, he said GE emergency handling may have problems. they should use sea water to cool reactor at first time.

by the way, china still a poor country, many people save their money by use solar water heater.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Mar 14, 2011 17:08
dave, i agree fundamental should work with technical. but in this case, our government are quite different from western democracy. lobby are nothing to our government.

chinese never feel safe after 1840, unless our government gone, nuclear plants will have more and more in china.

chinese coal qulity are poor to fit plants demand, india cut their coal supply to china. and crude/gas have a lot of shortage. we just have no choice. nuclear is the only choice which western wont use, so we can buy it cheap(not really cheap).
Nor
Lemberg, Canada
Posts: 249
13 years ago
Mar 14, 2011 15:22
anyone shorting WTI for $95?
usikpa
Moscow, Russia
Posts: 77
13 years ago
Mar 14, 2011 14:27
In short.

1. Reactors keep melting away. That means hydrogen released with radiation from the damaged cooling system finds no way out, hence blows up. If wind changes, this will be worse than Chernobyl, some say anywhere between 10 to 20 per cent of Japanese islands may not be suitable for further living.

2. Everyone expects Japanese to order more construction materials. How are they going to pay for it? What are they going to sell? Will GDP fall this year 3 per cent? 5 per cent? Where will USD/ JPY be, come April?

3. There is speculation out there the same is going to happen in the Norhtern America (just google New Madrid) in the third decade of March. Who can say for sure?

Indeed these markets are for the brave
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 14, 2011 13:00
If the scientists can find a way of harnessing 1;20,000th of the power of the sun we can forget about all other energy to power the entire planet. perfect :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 14, 2011 12:54
Qingyu, I am sure you know more about nuke plants than me but it won't take much negativity for the anti lobby to become strong again and hold back progress for less reliant carbon energy generation.

This sort of event is why I feel that fundamental analysis has its limitations so when I hear someone use words like "must do this or that", "certainly" dadida, it makes me shudder as a trader. Combining fundamental bias with tech chart analysis is the best deal imo.