Discussion in 'Stocks & Derivatives' started by Peter, Mar 15, 2011.
Think next week will be a major down in the stockmarket.
France has urged its nationals living in Tokyo to leave the country or head to southern Japan due to the risk of nuclear radiation.
The French embassy in Tokyo said its advisory applied with immediate effect to those French nationals who were not obliged to remain in the city.
It said it had asked Air France to mobilise planes currently in Asia to evacuate French citizens, and two were already on their way.
I'd probably leave... however
Looks like plenty of people going to work / going about their business to me...
"China is the latest country to inspect its nuclear power stations as the crisis continues at Fukushima. Government officials said they will examine power stations currently under construction and that any failing to meet safety standards will be immediately halted. It has also frozen approvals on new plants (Reuters)"
Don't be fooled by PEN... it lost 65% of its value in a week. What is todays 40% up compared to that. Probably just traders jumping in for a quick buck. Juniors will get hammered more if they can't get further funding. IMO safer to go for the big boys if u want a uranium play.
Scary thought is that Japan is up there with China and USA in economic terms.
This from prisonplanet.com is certainly food for thought - let alone the unfolding headlines currently:
Some pluses to find in all the doom...
So there's no power or oil...but it woin't matter because the roads and rail are destroyed so no one can go anywhere anyway
They're going over 9% into the red this budget....but it won't really matter anyway because they're already over 200% in debt so it hardly matters.
The Nuclear plants are destroyed...but they were looking for a way to get out of MOX reactors anyway.
Japan wanted a way to cash in their bonds to pay for their debt without annoying the US, now they can do it without anyone dare complaining
...I'm just saying...
Don't forget. It's not only banks that can be to big to let fail.
Separate names with a comma.