Uranium Miners Breakout As Nuclear Power Replaces Oil and Coal

Sept. 23, 2012 - PRLog -- For the first time in American history, coal capacity is being reduced. In the first quarter of 2012, the use of coal for electricity generation has fallen, declining more than 20% from 2011 levels.  In a recent research report, Jeb Handwerger from http://goldstocktrades.com/blog states, "Sooner or later, bureaucrats will awaken to the new generation of safer, cheaper and efficient nuclear power, which could have obviated brown outs and black outs like those that have occurred in the past, and that are threatening to become prevalent in the future.

He also discusses the potential of spike in oil prices which could cause uranium demand to soar to fuel nuclear power generators.  Mr. Handwerger states, "The fine hand of Iran is adding to the possibility that the price of oil may be used as a counter stratagem to destabilize the entire Middle East cauldron as the Arab Spring morphs into the Islamist Winter. We note the recent attacks on our U.S. embassies in Cairo and Benghazi, on the anniversary of 9/11, which resulted in the death of Americans, a U.S. Ambassador and the tearing down of the U.S. flags, which were replaced with Al Qaeda emblems.
Should this unrest continue to occur across the Middle East, then there may well be a spike in all forms of energy (XLE), especially uranium, which is selling at a fraction from its peak in 2007. If Iran mounts a Middle East counter-offensive and possibly chokes off the Straits of Hormuz, perdition may break loose as all commodities (DBC) especially uranium prices may spike, putting urgent strains on an already weak Western economy."

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http://seekingalpha.com/article/865731-uranium-miners-bre...