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Uranium: The commodity like gold ten years ago

Posted on 07 February 2013

Let’s discuss uranium. The spot price is ridiculously low and set to rebound. I had a long discussion with a couple of serious uranium scholars earlier this week. They’ve been doing uranium in both government and private industry since the 1970s. They’ve seen all the different rodeo acts.
These gents laid out a strong case for strengthening yellowcake prices this year - 2013 - and well into the future. ‘Yellowcake,’ said one, ‘is comparable to where gold was 10 years ago. We’re looking at prices four-six times higher in the out years.’……………………………………….Full Article: Source


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VRS - who has written 38089 posts on Opalesque Commodities Briefing.


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