I’m buying more natgas now via a 3rd position in BOIL.
The ProShares Ultra Bloomberg Natural Gas ETF (BOIL) closed today at $66.97
Note: BOIL affected a 1:20 share consolidation June 23, so multiply prior prices by 20 to get the present price equivalent.
I’m doubling-up on URA, the Global X Uranium ETF.
It closed today at $22.35
First entry was at $22.02 just over 6 months ago.
Latest uranium update was 2 weeks ago, and still stands with only the entry level for Anfield Energy (ANLDF) and the price of Lightbridge (LTBR) revised here:
In theaters now, “Nuclear Now, a documentary by Oliver Stone, winner of 9 Academy Awards and 10 Golden Globes, explores how nuclear power can combat climate change and generate reliable energy for all.
12-year “cup and handle” pattern in uranium is targeting $100 and should lead to an 18-year cup and handle targeting $200+
Uranium still looks fantastic.
URAi2 m1, broken 15-month down trend, super bullish now at $21.14
ANLDF long term bullish entry signal in effect, best buy > 4.5c
DNN technical “strong buy” above $1.25
UROY technical “strong buy” above $2.05
U.Ui3 m1 = long term bullish, at an ideal entry/add point
I’m still adding LTBR periodically below $5, though today it closed at $6.20
Politico: Why a Greenpeace co-founder went nuclear
As global warming grew from scientific theory to public concern in the late 1980s, Moore left Greenpeace in 1986, aiming to prove to the environmental community that pro-nuclear environmentalism was not an oxymoron.
Today, he co-chairs the Nuclear Energy Institute’s Clean and Safe Energy Coalition and is a harsh critic of what he calls an “extremist” anti-nuclear environmental movement — his former Greenpeace colleagues and others who are unwilling to consider nuclear energy as a solution to global warming.
Mish: Electric Vehicles for Everyone? If the Dream Was Met, Would it Help the Environment?
Even if you are 100% convinced in man-made climate change, the idea the EV’s will help reduce CO2 emissions is nonsense. … [link]
Bryce: “Green” Jobs At Ford And GM Will Cost Taxpayers As Much As $7.7 Million Each
Although the Liberals had promised 50,000 “green jobs,” expanded economic activity, and a healthier environmental future for generations to come, the GEA ultimately devolved into one of the greatest political scandals in Canadian history.
Against the advice of its own expert advisors, the government entered into a series of one-sided and ironclad feed-in tariff agreements (FITs), enriching all manner of insider cronies at the expense of the public.
As electricity rates soared, the howls of protest grew along with evidence that the GEA was nothing more than an expensive cocktail of grift and mismanagement.
Hoping to obfuscate the negative impacts of the bill, the government moved billions of annual expenses from the ratepayers’ electricity statements to the province’s general budget in the form of “price mitigation subsidies.”
All told, the boondoggle will cost Ontarian taxpayers more than $60 billion CAD over the life of these FITs. On a per-capita basis, this is the equivalent of the US wasting over a trillion.
[…]
In the intervening years, the province’s leadership embarked on a remarkable reconciliation with physics, culminating in a series of historic announcements in the past few weeks that detail their commitment to a full-blown nuclear renaissance.
The moves represent a huge victory for our friends at Canadians for Nuclear Energy (C4NE) and offer a blueprint the US can follow to substantially decarbonize without sacrificing the standard of living of its citizens. The details couldn’t be more encouraging.
Never are the malfeasant politicians or their supporters, enablers and cronies held accountable, or reparations paid to the victim taxpayers and utility bill payers who are frequently fleeced under threat of force to fund the lying grifters and their frauds.
Such a great read. Well cited and informative. Exposing too!