In the past, I've been asked to comment on many energy-related documentaries, such asGasland. Ironically, we were one of the first to debunk Josh Fox's Gasland's fictional depiction of the US shale sector.
But I'm actually quite excited about the effect a new documentary, Pandora's Promise, will have on the masses regarding nuclear energy. My prediction is that it will not have as much influence as I would like it to have, but it will be a positive step. This must-see documentary confirms our thesis on the coming supercycle in uranium. While it may take longer than what we want, fortunes will be made as all of the elements are coming together for us to profit from one of the greatest supercycles in the history of finance.
The film, structured around environmentalists who've changed their minds on nuclear power, will open next month. In the meantime, its producers recently released this trailer.
Robert Stone, whose critical film on nuclear weapons testing in the Bikini Islands was nominated for an Oscar, has directed a broad range of documentaries, including episodes ofAmerican Experience on PBS. On the Pandora's Paradise website he is quoted as saying, in part:
"It's no easy thing for me to have come to the conclusion that the rapid deployment of nuclear power is now the greatest hope we have for saving us from an environmental catastrophe. Yet this growing realization has led me to question many of the founding tenets of traditional environmentalism, from the belief that we can dramatically reduce our energy demand through energy efficiency to the belief that solar and wind power will one day power the planet" .... "If there was a single 'ah-ha' moment it was when I was granted entry into a room in France (the size of a basketball court) where all the waste from powering 80 percent of the country for 30 years is stored: four cylindrical tubes 10 meters long and 1 meter wide are all that's left from powering the city of Paris for 30 years with clean nuclear energy! I thought, 'My God, what on Earth were we thinking?'"
Now that we all agree that nuclear energy will get its day in the spotlight, make sure you are positioned and that you have positioned your family to profit from the coming uranium supercycle.
I was interviewed at the most recent Cambridge House resource conference; the conversation focused on misconceptions in the liquefied natural gas market and why uranium is poised to take off. Watch it here.
Additional Links and Reads
Russian-Czech Agreement on Temelin Power Plant Will Irk US (Press TV)
Every week we like to include an article which highlights another nuclear-power deal made between Russia and another country. This time it's the Czechs awarding the Russians with a number of memorandums and agreements. What's more interesting is that AREVA was in the mix, but was eliminated from the tender process due to some "serious mistakes." The Russians definitely had the inside track as they promised Czech companies will receive orders of up to 6 billion euros.
Japan, India Seek Prompt Nuclear Accord (Asia One)
It is no secret that Russia has been actively trying to secure a relationship with India in the nuclear sector, but it looks like another country is now in the mix. If Japan concludes this treaty, it is possible for Japan to export nuclear power plants to India. India is expected to be a massive nuclear power market – in fact, one of the biggest after China. The Russians have already built two units for the Kudankulam project in India, but have had some hiccups in some of the parts' designs. If more errors occur, this could lead to Japan coming in and taking away that business.
Kuwait to Burn 900,000 Barrels of Oil per Day for Electricity and Water by 2030(Saudi Gazette)
It is hard to believe how much oil is burned for electricity, especially in Middle Eastern countries. Kuwait would definitely suffer economically if 20% of its main export is to be used instead to generate electricity locally. Kuwait is currently one of the richest Arab countries, and will have to turn to other fuel sources to maintain its power. We expect a significant shift to nuclear power in the near future.