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About munsterkings

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  1. munsterkings

    World Stock Markets 2010

    'course not - should have put it on this thread to begin with ..... thanks
  2. munsterkings

    World Stock Markets 2010

    Roubini's views were interesting in the bloomberg video below, regarding the global recovery and 2010 outlook. Some numbers which were a useful reminder for me..... GDP[ China worth about 4Trillion, US=15T, US+EUR+JAP=40T] In terms of the policy shift in China from export led growth to a more private consumer led growth story, the 1.3Trillion Chinese would contribute about 1Trillion, compared with the 10Trillion contribution to the US economy by it's 300 Million citizens, or 600Billion from the 1.9 Trillion in India. So, it'll be a long time before the global economy will be regionally balanced. http://www.bloomberg.com/avp/avp.asxx?clip...49532041&A= MunsterK
  3. munsterkings

    Uranium: Price is booming

    w.r.t the juniors; he argues well that the 80/20 rule doesn't go far enough. That 20 is more like 4%!; i.e. that 4% of the management teams are the ones that statistically will be the most successful. Also, there are over 4000 management teams in the junior space ; so at some stage we should see this thinning out. Anyone who's got this sector in their sights needs to understand/own likely acquisition targets. MunsterK
  4. munsterkings

    Uranium: Price is booming

    http://www.reuters.com/article/idUSTOE5BL03R20091222 China to launch 2-3 Westinghouse nuclear projects -media Mon, Dec 21 2009 BEIJING, Dec 22 (Reuters) - China will start building another "two or three" third-generation Westinghouse nuclear reactors by the end of next year once they have been approved by the government, the China Daily newspaper said on Tuesday. The newspaper, citing unnamed sources, said the AP1000 reactor projects would also be the first to be built in the country's interior provinces, with central China's Hubei, Hunan and Jiangxi likely candidates. All of China's existing reactors are located along the eastern coast. China signed an agreement with Westinghouse Electric in 2006 to build four AP1000 reactors in the coastal provinces of Shandong and Zhejiang. The U.S.-based company, owned by Toshiba Corp <6502.T>, won the projects after agreeing a technology transfer deal that would make the untested AP1000 technology the basis for China's own-brand third-generation reactor. Two third-generation reactors, designed by France's Areva <CEPFI.PA>, are also being constructed in southeast China's Guangdong province. (Reporting by David Stanway; Editing by Chris Lewis) © Thomson Reuters 2009. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
  5. Came across this while reading up on carbon sequestration. I remember someone was proposing we should put all the text in the post, rather than the link. My own view is that it's too much, and can clutter the thread if people are 'replying' to it.....I think it's better to post the 1st few para's and then the link if people want to complete article. Anyway, here's the whole thing................... MunsterK http://news.nationalgeographic.com/news/20...nforests_2.html Cities Trap More Carbon Than Rain Forests, Study Says Mason Inman for National Geographic News September 8, 2009 There may be something more to the phrase "urban jungle." Compared with tropical rain forests—the densest natural ecosystems—cities store more carbon, acre for acre, in their trees, buildings, and dirt, a "surprising" new study says. With Earth's temperature rising due to increased emissions of greenhouse gases, such as carbon dioxide, scientists are taking a closer look at all the places that naturally store carbon—and how to lock up more. "Everyone thinks about the tropical forests, but I don't think people consider cities as a way to store carbon," said study leader Galina Churkina of the Leibniz Centre for Agricultural Landscape Research in Germany. Although a lot of studies have focused on carbon in forests, grasslands, and other natural ecosystems, looking at cities—which now house half of the world's population—is relatively new, Churkina said. Intentionally storing carbon in cities could be one approach to counter global warming, she said. (Get global warming fast facts.) Carbon Cities Churkina and colleagues pulled together previous evidence looking at various stores of organic carbon—carbon that comes from living things, as well as from such as plants and animals, wood, dirt, and even garbage. Cities—including both dense metropolises and sprawling suburbs—store about a tenth of all the carbon in U.S. ecosystems, the study estimated. In total, U.S. cities contain about 20 billion tons of organic carbon, mostly in dirt, according to the new study to be published in an upcoming issue of the journal Global Change Biology. Some of this carbon-rich topsoil is in parks and under lawns, but it's also sealed underneath buildings and roads—a remnant of grasslands or forests that were there before development. Of all this urban carbon, about three billion tons are locked up in human-made materials—two-thirds of it in garbage dumps, and the rest in building materials such as wood. Tree Power Many cities have already launched ambitious plans for turning gray to green, such as Los Angeles' Million Trees LA project, which aims to plant a million trees in the Californian city over several years. Trees take up CO2 and turn it into carbon in their trunks, branches, and leaves, so planting more trees helps counter some of the excess CO2 in the air. Likewise trees also cool cities and reduce the need for air-conditioning, according to urban forest expert David Nowak of the U.S. Forest Service in Syracuse, New York. By planting trees around buildings, he added, "you avoid about four times more CO2 emissions than the trees sequester." Study leader Churkina added that "people could [also] try to store more carbon in gardens by smart management of the land. The carbon storage in lawns is quite amazing." Tricky Balance However, figuring out whether more lawns or trees in cities would actually fight global warming "can be tricky," said earth scientist Diane Pataki of the University of California, in Irvine. "Managing urban soils to store more carbon can use energy, and those fossil fuel emissions have to be taken into account," said Pataki, who was not involved in the research. For example, the process of making fertilizer typically burns a lot of natural gas. Later, when the fertilizer breaks down in the soils, it releases nitrous oxide—also known as N2O, or laughing gas. (Related: "Laughing Gas Biggest Threat to Ozone Layer, Study Says.") Since N2O is a much more powerful greenhouse gas than CO2, fertilizer can offset some or all of the carbon gain, Pataki added. Study leader Churkina agreed. "You have to follow the whole life cycle of things, and cannot just think of carbon storage." Waste to Energy Building wood houses instead of using concrete could also help, said Leif Gustavsson, an expert on sustainable technologies at the Mid Sweden University in Õstersund. However, the main benefit comes from better use of waste from wood industry and construction, not the carbon stored in the structures, said Gustavsson, who was not involved in the new research. Of the wood harvested for building materials in Sweden, his research found, only about 25 percent winds up in the buildings, while the rest becomes waste. "We should use all of the byproducts to replace fossil fuels," he said, burning them instead of coal, oil, or natural gas to generate electricity or heat. Bricks and concrete also require a lot of energy to create, the new research suggests, whereas harvesting sustainably grown wood uses much less energy—another carbon savings. (Related: "Hot New High-Tech Energy Source Is ... Wood?") Overall "it's a good thing if you can increase the carbon stored in society," he said. "Everything makes a small difference." © 1996-2008 National Geographic Society. All rights reserved.
  6. Steve, well said; let common sense prevail. My goal/reason for being here is long term learning [and financial gain, though if I weren't learning I'd drop it in the morning......] Over complicating communications will kill a forum such as this and wrap it up in red tape. I do genuinely hope to contribute more on my next 100 posts but haven't succeeded yet..... thank you, MunsterK
  7. munsterkings


    Very interesting ; I really don't see gold going below $900 anymore (I was dreaming there for a while..... ), so I'll keep an eye on this level [$950-966]. Just got this through my letterbox...... this is a first for me, and really confirms Golds future is mainstream... One decent correction in the gold price may be enough to shake this off. MunsterK
  8. munsterkings


    Didn't think CNBC would have given him air time again after August...... http://www.cnbc.com/id/15840232?video=1216952516&play=1 SDR definition: http://www.imf.org/external/np/exr/facts/sdr.htm 'The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. Its value is based on a basket of four key international currencies, and SDRs can be exchanged for freely usable currencies. With a general SDR allocation taking effect on August 28 and a special allocation on September 9, 2009, the amount of SDRs will increase from SDR 21.4 billion to SDR 204.1 billion (currently equivalent to about $317 billion).' MunsterK
  9. munsterkings

    Electric cars. The future is already here.

    I found this interesting. Let's see if it actually get some traction behind it ............. http://www.irishtimes.com/newspaper/irelan...3931058_pf.html ESB signs deal to back electric car scheme TIM O'BRIEN Fri, Apr 03, 2009 THE GOVERNMENT has signed an agreement with the ESB and carmaker Renault-Nissan to increase radically the usage of electric vehicles. The agreement, which is to provide infrastructure to support the Government target of making one-tenth of all road vehicles electrically powered by 2020, is to be announced by Minister for Energy Eamon Ryan in Dublin Castle today. It will detail the countrywide roll-out by the ESB of a network of refuelling points which will offer an alternative source of fuel to traditional petrol stations. The ESB is to also promote a special night-rate deal under which householders will be able to charge their cars. Renault-Nissan, the merged French-Japanese carmaker, will undertake to provide new vehicles for the private user as well as delivery vans and other vehicles. Electric bicycles with power-assisted pedals are not specified in today’s launch but were covered by the Government’s tax and PRSI rebate scheme to encourage commuting by bicycle. The agreement will attempt to address many of the concerns about electric vehicles raised following last year’s launch of the 10 per cent target. Earlier this year a conference on sustainable energy highlighted the fact that the capacity for recharging an estimated 250,000 passenger vehicles both at home and on the road is yet to be developed. But Sustainable Energy Ireland chief executive Prof J Owen Lewis said renewable, wind and tidal energy could and should be harnessed to power the cars. He told the conference in February that “significant investment in infrastructure will be required to facilitate even a modest deployment of electric vehicles in Ireland, as these vehicles require an extensive charging infrastructure which is not currently in place.” None of the parties to the agreement were willing to comment yesterday on the cost and the scope of the new infrastructure but some described it as “major”. SEI has previously said similar projects in Israel and Denmark cost about €200 million for a full rollout. The system would typically consist of kerbside and car park charging points and 500 battery exchange centres. © 2009 The Irish Times
  10. munsterkings


    I personally think that referring to a stock or derivative as cheap has little meaning <for me personally>. I don't believe BP is cheap, since this stock spent from '88 to '95 ranging around $20, so that's where the long term support lies........... I prefer to wait for a change in trend, and March has demonstrated this, with some volume. Along with that, we need to look at the fundamentals and though demand is clearly down; even if oil gets cheaper, a long term position on BP will return some value since oil will start to move up.... the question is 'when' and to what levels. So, I'm long BP but don't have an emotional attachment MunsterK
  11. I'm going to make a point of learning as much as I can, from your calls by going back over those posts; thanks for this reminder. And enjoy your travels. MunsterK
  12. I like http://futuresource.quote.com/ and find myself regularly checking http://www.cstrading.com/charts.htm to 'zoom back out' and understand long term trends. MunsterK
  13. munsterkings

    Uranium: Price is booming

    This is interesting. UUU has been on my watchlist . I'm a complete novice here so let me throw this out...... and see what people think. It is definately trending , but I think the Directional Movement Index is giving a sell signal. I'd welcome someone to challenge me on this. At the start of July 2007[$31.50], these indices crossed over [ from buy to sell] and it's been falling since. Until such time as the DMI+ rises above DMI- ; my inclination is to sit and wait....... comments welcome - I'd prefer to make my mistakes here with you folks: It's a more cost effective way to learn MunsterK
  14. munsterkings


    I do tend to agree in general, but the article was from last April, and we've moved since then http://www.cstcharts.com/cgi-bin/chartge.pl?si.m MunsterK
  15. Very interesting. I'll take a look with this in mind. I have a lot of reading/internalising to do ..... thanks MunsterK