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<p>[QUOTE="Texas John, post: 1128079, member: 25813"]Some observations:</p><p><br /></p><p>People in Japan will be liquidating assets in order to generate cash. That will have a depressive effect on the prices of virtually all stocks and commodities, including gold and silver. That effect should be of very brief duration.</p><p><br /></p><p>A disaster in a poor country has different long-term effects than a disaster in a rich country. In a poor country, a disaster can cause more-or-less permanent damage to the infrastructure and economy. Think: Haiti.</p><p><br /></p><p>In a rich country, there is short-term economic damage followed by a sharp increase in economic activity, as government and insurers pour money into relief and rebuilding. That's the situation Japan is in.</p><p><br /></p><p>It is not "immoral" to adjust your investments based on new information, be that information good news or bad news for others. To Thine Own Self Be True, and make a donation to the people affected if you're feeling guilty. </p><p><br /></p><p>Using fossil fuels to produce energy is far more damaging to the environment per unit produced than nuclear power is, has been or will ever be. As loathsome as the poisonous cloud from Chernobyl was, it had no major impact on the world beyond a few hundred square miles. Fossil fuels cause worldwide pollution and worldwide climate change. A combined approach to alternative energy production that emphasized both nuclear and "green" technologies could easily end this country's dependence on foreign oil a generation, making the world cleaner and our foreign policy free from the need to placate oil exporters.</p><p><br /></p><p>Now get out there and play well with others.[/QUOTE]</p><p><br /></p>
[QUOTE="Texas John, post: 1128079, member: 25813"]Some observations: People in Japan will be liquidating assets in order to generate cash. That will have a depressive effect on the prices of virtually all stocks and commodities, including gold and silver. That effect should be of very brief duration. A disaster in a poor country has different long-term effects than a disaster in a rich country. In a poor country, a disaster can cause more-or-less permanent damage to the infrastructure and economy. Think: Haiti. In a rich country, there is short-term economic damage followed by a sharp increase in economic activity, as government and insurers pour money into relief and rebuilding. That's the situation Japan is in. It is not "immoral" to adjust your investments based on new information, be that information good news or bad news for others. To Thine Own Self Be True, and make a donation to the people affected if you're feeling guilty. Using fossil fuels to produce energy is far more damaging to the environment per unit produced than nuclear power is, has been or will ever be. As loathsome as the poisonous cloud from Chernobyl was, it had no major impact on the world beyond a few hundred square miles. Fossil fuels cause worldwide pollution and worldwide climate change. A combined approach to alternative energy production that emphasized both nuclear and "green" technologies could easily end this country's dependence on foreign oil a generation, making the world cleaner and our foreign policy free from the need to placate oil exporters. Now get out there and play well with others.[/QUOTE]
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