Wed, Aug 27, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals more

Uranium boom, uranium bust

Posted on 11 July 2013

Will uranium ever be the new gold? Maybe… but not quite yet. Despite its recent plunge to below $40 per pound, which is the first time it has dipped that low since 2006, uranium inventories remain plentiful in the US and Europe. But that could soon change.
The new low looks like a low-risk entry point, as the long-term outlook for uranium is positive, supported by a renewed pro-nuclear movement on the near-term horizon. In Japan, concerns about air pollution and rising costs have quelled the nuclear opposition. Recently a pro-nuclear government was elected, so Japan’s 48 inactive reactors should come back online sooner than expected………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36638 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31