US Energy Secretary Samuel Bodman says the America’s  “nuclear renaissance” could be derailed by the credit crisis.

But Smart Commodities UK editor Garry White says a number of nuclear power projects are already underway in other parts of the world. India plans to build between 18 to 20 new nuclear plants over the next 15 years. Even the Middle East is shifting to the atom for its future energy needs.

Nuclear plants are also proven to be effective at water desalination. This will be vital in emerging markets, where populations are rising rapidly.

Onetime Wall Street darling Lehman Brothers (NYSE:LEH) has gone belly up, and it’s taking US stocks down with it. This morning, all but four of the Dow industrials are trading in the red.

There’s no two ways of looking at it. Wall Street is on its knees. If you have exposure to US stocks, you’ve probably been seriously burnt.

“But there’s one positive thing that you can say for commodity investors,” says Smart Commodities UK editor Garry White, “The dollar rally looks likely to run out of steam.”

Smart Commodities UK Editor Garry White says two things are vital for Britain to be able to power itself in 2015. Firstly, despite environmentalist concerns, more coal stations are needed in the short term. Secondly, British Energy (LON:BGY) must be sold to Electricite de France SA (EPA:EDF), which would provide the expertise for an efficient nuclear powered energy system…

Smart Commodities UK editor Garry White says copper prices will soar in the coming years. Existing supplies are dwindling and the rush for greener hybrid cars will send demand for copper through the roof. In the short term, Garry says investors should be ready for the copper market to bottom out over the next two months, as the summer lull in trading comes to an end…

Are the commodities markets changing track?

Yesterday, gold prices hit a 10-day high at $839 an ounce, crude oil prices soared overnight in their biggest rally for three months to settle at over $120 a barrel and the dollar saw its biggest monthly loss against the euro since mid-July.

These price movements will not come as surprise to Contrarian Profits regulars. Last Thursday, The Sovereign Society’s Eric Roseman urged investors not to abandon gold because he didn’t believe the dollar rally would last.