Commodities Bull Jim Rogers believes cleaner burning fuels will out-perform oil in the coming years.
Laptop Battery In a taped telephone interview, commodities bull Jim Rogers said, "I see a great future for uranium and nuclear power." Rogers sees opportunity in the uranium sector, saying, "Until somebody brings a lot of new uranium on stream, though, the surprise will be how high the price of uranium stays, and how high it eventually goes."
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Thinkpad He added, "There aren't any big uranium mines being opened anywhere in the world. I would suspect it will take more than a decade to bring a new big uranium mine on stream. The huge stockpiles of uranium, which were built up during the cold war are being used, are being depleted."
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Microsoft Rogers explained his bullishness, "Nuclear power is cheaper than many other sources of energy, and so it is having a comeback, if you will." But he pointed out, "In many parts of the world, it never went away. The French never stopped using nuclear power. The Koreans never stopped using nuclear power."
According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.
Laptop Computers Why the excitement over uranium? "Other people are now coming to nuclear power," Rogers told us. "The Chinese are going to build at least 25 nuclear power plants in the next fifteen years or so. Even in the U.S., some of the environmentalists are starting re-examine nuclear power because it is cleaner than coal, or some of the other carbon based energy sources." Rogers said nuclear power can be extremely attractive, if controlled properly.
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Laptop Computer James Finch contributes to StockInterview.com and other publications. Visit http://www.stockinterview.com for the complete interview with James Rogers.
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Notebooks James Finch is a contributing editor for StockInterview.com and other publications.
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