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Officials said they could not rule out the possibility of a meltdown, which occurs when nuclear fuel rods cannot be cooled and melt the steel and concrete structure containing them, at all three troubled reactors at the plant.
FORBES: Fukushima's Last Stand: All But 50 Workers Evacuated
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The Japanese government said Monday that the fuel rods in one reactor have fused together in a partial meltdown.
WSJ: Uranium Firms Take Hit After Earthquake
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The fuel, called MOX, takes uranium from spent fuel rods and mixes it with plutonium, creating a less stable fuel, one that is potentially far more dangerous in a meltdown.
FORBES: Update on US Nukes Planning to Use Plutonium-Mixture Fuel
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Given the low interest rate environment in the U.S., the U.S. dollar has been weak against other foreign currencies in recent years, which, in addition to the other factors previously discussed, has helped fuel a rise in the price of gold since the great market meltdown of 2008.
FORBES: What Will Influence The Price Of Gold In 2013?
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Engineers and workers so far have managed to stave off a complete meltdown in Fukushima Daiichi's reactors 1-3 and in the spent fuel pool of unit 4.
CNN: STORY HIGHLIGHTS
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That ruling, authored by Judge Jed S. Rakoff, added fuel to the criticism that the financial sector has largely evaded responsibility for its role in the 2008 financial meltdown.
FORBES: Those Pesky Derivatives Strike Again