Uranium prices are the highest they’ve been since 2011, when it was going parabolic right before the Fukushima disaster.
One disaster changed the public opinion and price trajectory of Uranium for over 12 years, at a particularly opportune time. Might cause someone to question whether there is a hidden story behind Fukushima.
If another nuclear accident happens in the near future… it would raise more questions.
I think the public is generally very scared of nuclear because radiation and contamination cannot be seen. Also, if something goes bad it has the ability to go very bad. However, the amount of automated safety features and personnel training that is done makes a mishap extremely unlikely. The public doesn’t care though. They just think of Chernobyl. The Soviets were grossly irresponsible in running that plant and it caused the whole nuclear power industry to be set back decades.
Nuclear power reminds me a lot of multi-sig. Many independent things would have to go wrong to cause a meltdown.
Also to cover your thoughts on a hidden story. The current story makes a ton of sense. People cannot predict tsunamis. Also, the design of having the backup power generators at ground level was a massive error. They got flooded out. No power to circulate coolant => eventually hot rock got very hot.
