Tuesday, October 26, 2010

More Nukes!

The long and short of it is that the world is going to move toward nuclear power. That's why I have recommended investments in long-term uranium players like Cameco (CCJ: NYSE), and Denison Mines (DNN: AMEX), as well as direct investments in uranium via Uranium Participation Corp. (U: TSX).
Solar and wind have a place in many niche energy applications, but not for meeting the looming energy demands of billions of people. For the next 30 or 40 years, the alternative energy methods will move toward the 5–7% range of overall world energy supply. But for the “big power,” you need to keep focused on nuclear energy.
http://dailyreckoning.com/more-nukes/

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