Pat494
Legendary member
- Messages
- 14,614
- Likes
- 1,588
From Auntie with love
Iran's key nuclear sites
With international concerns running high over Iran's nuclear programme,
BUSHEHR - Nuclear power station
The Bushehr nuclear power station (image: DigitalGlobe)
Iran's nuclear programme began in 1974 with plans to build a nuclear power station at Bushehr with German assistance.
The project was abandoned because of the Islamic revolution five years later, but revived in 1992 when Tehran signed an agreement with Russia to resume work at the site.
There are two pressurised water reactors at the site - one reportedly near completion.
ISFAHAN - Uranium conversion plant
Isfahan uranium conversion plant
Iran is building a plant here to convert uranium ore into three forms:
Hexafluoride gas - used in gas centrifuges
Uranium oxide - used to fuel reactors, albeit not the type Iran is constructing
Metal - often used in the cores of nuclear bombs. The IAEA is concerned about the metal's use, as Iran's reactors do not require it as fuel.
In depth: The nuclear fuel cycle
NATANZ - Uranium enrichment plant
A recent satellite image of the Natanz site
Enlarge Image
Iran suspended work on an uranium enrichment plant at Natanz in 2003 - but has recently reopened the facility.
In 2003, a leaked International Atomic Energy Agency report said that weapons-grade uranium had been found in samples taken from the site, although Iran blamed contaminated imported equipment, and an independent report later confirmed this.
According to some estimates, when complete, Natanz could house some 50,000 advanced gas centrifuges, which would produce enough weapons-grade uranium to produce more than 20 weapons per year.
Other estimates suggest the plant will have a total of 5,000 centrifuges when initial stages of the project are completed. With that number, Iran would be able to produce sufficient enriched uranium to make a small number of nuclear weapons each year.
ARAK - Heavy water plant
The Arak plant in 2002 (image: DigitalGlobe)
The apparent existence of a heavy water facility near the town of Arak first emerged with the publication of satellite images by the US-based Institute for Science and International Security in December 2002.
Heavy water is used to moderate the nuclear fission chain reaction either in a certain type of reactor - albeit not the type that Iran is currently building - or produce plutonium for use in a nuclear bomb.
This issue will dominate the near future on the markets imho
Iran's key nuclear sites
With international concerns running high over Iran's nuclear programme,
BUSHEHR - Nuclear power station
The Bushehr nuclear power station (image: DigitalGlobe)
Iran's nuclear programme began in 1974 with plans to build a nuclear power station at Bushehr with German assistance.
The project was abandoned because of the Islamic revolution five years later, but revived in 1992 when Tehran signed an agreement with Russia to resume work at the site.
There are two pressurised water reactors at the site - one reportedly near completion.
ISFAHAN - Uranium conversion plant
Isfahan uranium conversion plant
Iran is building a plant here to convert uranium ore into three forms:
Hexafluoride gas - used in gas centrifuges
Uranium oxide - used to fuel reactors, albeit not the type Iran is constructing
Metal - often used in the cores of nuclear bombs. The IAEA is concerned about the metal's use, as Iran's reactors do not require it as fuel.
In depth: The nuclear fuel cycle
NATANZ - Uranium enrichment plant
A recent satellite image of the Natanz site
Enlarge Image
Iran suspended work on an uranium enrichment plant at Natanz in 2003 - but has recently reopened the facility.
In 2003, a leaked International Atomic Energy Agency report said that weapons-grade uranium had been found in samples taken from the site, although Iran blamed contaminated imported equipment, and an independent report later confirmed this.
According to some estimates, when complete, Natanz could house some 50,000 advanced gas centrifuges, which would produce enough weapons-grade uranium to produce more than 20 weapons per year.
Other estimates suggest the plant will have a total of 5,000 centrifuges when initial stages of the project are completed. With that number, Iran would be able to produce sufficient enriched uranium to make a small number of nuclear weapons each year.
ARAK - Heavy water plant
The Arak plant in 2002 (image: DigitalGlobe)
The apparent existence of a heavy water facility near the town of Arak first emerged with the publication of satellite images by the US-based Institute for Science and International Security in December 2002.
Heavy water is used to moderate the nuclear fission chain reaction either in a certain type of reactor - albeit not the type that Iran is currently building - or produce plutonium for use in a nuclear bomb.
This issue will dominate the near future on the markets imho
Pat494
Legendary member
- Messages
- 14,614
- Likes
- 1,588
A view of where we are at T/A speaking
Lots of volatility in the coming months
For the FTSE which currently has a double bottom should get to nearly 6,000 before falling to about 5,000.
Gold was excessively bought in the last few months so the price is expected to fall to about the $550 level before recovering.
There are buying opportunities in the basic commodities.
Sugar has reached a plateau and will stay thereabouts for a while. Oil much the same ( presupposing George W doesn't do anything too drastic I expect ).
Lots of volatility in the coming months
For the FTSE which currently has a double bottom should get to nearly 6,000 before falling to about 5,000.
Gold was excessively bought in the last few months so the price is expected to fall to about the $550 level before recovering.
There are buying opportunities in the basic commodities.
Sugar has reached a plateau and will stay thereabouts for a while. Oil much the same ( presupposing George W doesn't do anything too drastic I expect ).
leovirgo
Senior member
- Messages
- 3,161
- Likes
- 156
Bernanke caused another spike. So far, the low for the day 11084 is quite close to that of the day when FOMC minutes came out. If Dow can hold that level, it would be interesting.
Edit: not a spike. Hawkish.. and bearish. support broken.
Edit: not a spike. Hawkish.. and bearish. support broken.
Last edited:
Racer
Senior member
- Messages
- 2,666
- Likes
- 30
- Although the anticipated slowdown in growth is underway, financial markets should not question the inflation-fighting credentials of the Federal Reserve, Fed chief Ben Bernanke said Monday. "There is a strong consensus" among FOMC members to keep inflation low, Bernanke told an international banking forum here. Recent core inflation readings "have been higher in recent months" and "has reached a level that, if sustained, would be at or above the upper end of the range that many economists, including myself, would consider consistent with price stability and the promotion of maximum long-run growth," Bernanke said. These core readings "are unwelcome developments," he said."Therefore, the FOMC will be vigilant to ensure that the recent pattern of elevated monthly core inflation readings is not sustained," Bernanke said. Bernanke said the slow down in the U.S. economy is no longer simply a forecast. "Real domestic product grew rapidly in the first quarter of this year, but the anticipated moderation of economic growth seems now to be under way," Greenspan said
Bernanke says slowdown, Greenspan says moderation................. hmm you aren't in the hot seat now Mr G .... btw did you forget to give Ben the PPTs phone number or tell him the secret password?
Bernanke says slowdown, Greenspan says moderation................. hmm you aren't in the hot seat now Mr G .... btw did you forget to give Ben the PPTs phone number or tell him the secret password?
Racer
Senior member
- Messages
- 2,666
- Likes
- 30
Ben will wake up to these headline this morning.....
"Bernanke scares Street "
"Investors Spooked"
http://www.marketwatch.com/news/default.asp?siteid=mktw&dist=&refresh=on
"Bernanke scares Street "
"Investors Spooked"
http://www.marketwatch.com/news/default.asp?siteid=mktw&dist=&refresh=on
leovirgo
Senior member
- Messages
- 3,161
- Likes
- 156
tricks said:
Hi Leo,
For the unitiated, what exactly does that mean, please?
cheers -tricks
Hi Tricks
It is the corrective wave pattern. You can google it. This site is also a good one.
http://www.chart.nu/wolfewave.htm
Basically, the rally starting from the middle of April has been corrected.
cheers
Attachments
Last edited:
DepthTangent
Active member
- Messages
- 110
- Likes
- 5
Went through 11000 like a knife through butter yesterday
macbonzo
Well-known member
- Messages
- 292
- Likes
- 6
Let me stick my neck out here and say that this looks like capitulation.
I think we will finish above here by the end of the day. Clearly the lows of 1245 had to be taken out on the S&P and the Dow is back where it was at the start of the year.
Irrespective, I hope everyone is using stops. Remember capital preservation and consistency are the key.
I think we will finish above here by the end of the day. Clearly the lows of 1245 had to be taken out on the S&P and the Dow is back where it was at the start of the year.
Irrespective, I hope everyone is using stops. Remember capital preservation and consistency are the key.
rav700
Senior member
- Messages
- 2,170
- Likes
- 71
I had a great day on the dow was short @10898 closed order @10827: A total of 71 points :cheesy: That was great does not happen that often but whats next....
All the market have taken a proper beating........seems like all the bears are ready to munch munch munch :cheesy:
All the market have taken a proper beating........seems like all the bears are ready to munch munch munch :cheesy:
Racer
Senior member
- Messages
- 2,666
- Likes
- 30
- Hedge funds lost money in May as sharp declines in emerging markets and technology stocks hit managers focused on those sectors.
Volatility in commodity markets also buffeted other hedge funds and prompted one $250 million fund to shut down after losing 29% during the first five months of 2006.
Volatility in commodity markets also buffeted other hedge funds and prompted one $250 million fund to shut down after losing 29% during the first five months of 2006.
rav700
Senior member
- Messages
- 2,170
- Likes
- 71
I applause you post mate..........what a great post keep them coming......I was thinking along the same line matey :cheesy: :cheesy: :cheesy:chump said:LOL....just about every global market flops 2% plus and the American markets rebound (again) flat....Free market ? you must be kidding