My portfolio consists of a wide variety of stocks and commodity ETFs. I would like to add some uranium to my portfolio but can’t afford the stocks. Is there a uranium ETF available, because I’m turning up nothing in my search. I trade online so I don’t have a broker per se to consult. So how about it, does a uranium exchange traded fund exist?
I’ve only been able to find one option that is not necessarily a uranium ETF, but it’s close. There is a nuclear ETF (ASE: NLR) managed by Market Vector that was introduced in August, 2007. The fund is based on the DAXglobal Nuclear Energy Index. 38 companies from around the world, including one in the United States makes up this index. These are companies like uranium miners, storage companies, uranium enrichment companies, nuclear plants, fuel transportation companies, and nuclear energy equipment provisions providers.
Nuclear energy was not well thought of in the past since the Chernobyl accident and the Chine Syndrome. The country is starting to warm up to nuclear, however, because of the clean energy it produces. With global warming and the concern […]
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After years of warning the world about global warming and its dire consequences, Al Gore, the Nobel Prize winner, has finally taken the next, logical step. He is proposing a solution.Mr. Gore has realized that conservation measures and “Cap and Trade” measures do not work. The world can be saved only, if we completely eliminate all carbon dioxide emissions during the next forty years.Converting the electric power generating sector first, does make the most sense. All major technologies for generating electric power from renewable energy sources are in various stages of development. Installations using wind power, solar energy, geothermal heat, and marine power have been started up and are slowly gaining a measurable foothold.At present, coal fired power plants generate the least expensive electricity. Therefore, market forces will never lead to the shutdown of the most egregious greenhouse gas emitters. Only legislative action can prevent the construction of any new, coal fired power plants.We must also be aware that it will be very difficult to satisfy our growing electricity demand by building only windmill farms, solar plantations, and geothermal power plants. For many years to come, there will not be enough manufacturing capacity […]
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The technology needed to generate power from the sun can be traced back to 1941 when Russell Ohl created the first solar cell. He already knew that electricity could be generated from the sun because the Physicist Antoine-Cesar Becquerel had already made that discovery. But he was able to apply new technologies to the knowledge attained by Becquerel. The need for solar power increases exponentially every year as can be seen by the recent success of Earth4Energy, an E-Book that was written in order to help people generate their own electricity using homemade solar cells and wind mills. This technology has been widely seen by many as impossible to implement for any practical purposes. However, today that is not the case as many come to understand that anyone can generate their own power. As governments fail to respond to combat environmental and consumer issues (skyrocketing prices etc…), people begin to realize that on a grass roots level they actually have the power to change the world does business. The way that electricity is produced is among the most destructive practices and as energy prices continue to skyrocket people desperately search for solutions. […]
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