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Write a Squawk to alv
  • Editor’s Picks / 03 March 2016 at 6:26 GMT

    China to build floating nuclear power station this year

    China Daily
    China will start construction of a floating nuclear power station by the end of this year, a senior corporate executive said. The facility, designed to power offshore oil and gas drilling, island development and remote areas, is scheduled to be put into operation in 2019, said National Nuclear Corporation chairman Sun Qin. The company holds all the intellectual property rights of the floating nuclear reactor, said Sun, a deputy to the National People's Congress, before the opening of the annual legislative session. Currently, China has 30 nuclear power generating units in operation and another 24 units are under construction, all on land.
    Read article on China Daily
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    Jeff Carnes Jeff Carnes
    The full article does not offer much details but this sounds somewhat dangerous. Nuclear power plants traditionally come with stigmas on its safety. A floating nuclear reactor?...
    alv alv
    It's ultimately no different to a nuclear powered icebreaker/aircraft carrier/etc... from the outside it'll probably just look like a big old ship just with a few...
  • Trade view / 26 February 2016 at 14:34 GMT
    Medium term

    Gold stampede signals short-side opportunity

    Trader / TheSteadyTrader.com
    United States
    Gold, as represented by the SPDR Gold Trust ETF, has enjoyed a considerable buying stampede this year. While I remain upbeat on gold through at least the first half of 2016, in the near-term the rally seems to have been too ambitious and there is now cause for a pause.
    Read the Trade View
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