fascinating stuff, page-5

Well if the seller has gone ... then GNM holders are in for some interesting times. from: http://www.moneymorning.com/2008/01/02/nuclear-power-energy-plan/

The sell off is ridiculous, as the Funds sell off at any price. But the upside is that it creates opportunities for others. GNM is selling at massive discounts to its value ... I hope that some of you have been able to pick up some at these prices, and that it hasnt all gone to India!

cheers

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Surprise! Coal & Nuclear Power are Keys to Obama’s Energy Plan

The cold truth is that demand for energy of all types – and especially electricity – is going to keep advancing, domestically and worldwide. And developing alternatives to coal and nuclear will take time ..... King Coal Reigns Supreme

When it comes to future energy profits for investors, coal and nuclear will continue to be the “dream team” for years to come. Coal will provide the answer to our short-term and intermediate energy needs. It’s plentiful, it’s cheaper than other available alternatives, and a big percentage of the world’s power plants burn it.

But lately, coal prices, along with the prices of other fossil fuels, have suffered from the global economic crisis, and from a resurgent U.S. dollar. An 80% decline in global shipping rates has also fostered competition from other exporters, like Australia, which can now ship farther and compete with U.S. exporters.

As a result, the price of Appalachian Coal on the New York Mercantile Exchange (CME) has fallen to less than $80 a ton from $143 in July. This will have a negative impact on coal producers until the world economy is able to gather itself back up and build up a new head of steam.

But don’t expect the slump to last long. China’s economy is getting a shot in the arm from a gigantic $586 billion stimulus package, cementing growth expectations for 2009. Expect U.S.exports to accelerate when that kicks in, probably in the second half of 2009.

Since the stock market usually leads economic indicators by six-to-nine months, right now is a good time to be looking at candidates for your investing dollar.