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URANIUM
IS FLYING HIGH! My first graph that I generally display every week is gold but this week I am displaying uranium’s graph. And why? Uranium is now trading at 95 dollars a pound and it still is being ignored by the general masses. Should even pass 100 shortly.
Do you think anyone will take notice when uranium passes the 100 dollar a pound level? Probably not. “Very few people in this world think.” A.W. Tozer Do you think uranium stocks now might be a good investment? Duhhhh. “What time does American Idol come on?” “Frivolity – the aversion of men, by nature, to seriousness of thought and feeling…” Robert Johnstone, 1875 I suppose a few bright ones are paying attention and making tons even now off of a rising uranium price. And how? By buying and accumulating the right uranium mining stocks. And why does nuclear energy and uranium remain such a hot play in today’s markets? Sean Brodrick, Weiss Research, Inc. - “There are huge forces ramping up demand for uranium. And new supply just isn’t there. Heck, despite the 99% increase in uranium prices last year, production from mines actually fell 5% from a year earlier.” “More than 100 nuclear reactors are under construction or in the planning stages, a huge 25% increase over the number of existing reactors. Japan’s planning 11 … China’s working on 30 … and India and Russia are each going to build 20.” click Now if nuclear energy is a substantial growing market then the professional investment and industrial sector should be taking notice now. Are they? Yes. Just consider below the massive commitment the immensely huge Fluor Corporation is making in developing nuclear energy projects world wide. “Fluor Corp. placed a bet Thursday on a resurgent U.S. nuclear power industry, ANNOUNCING A NEW GREENVILLE-BASED INITIATIVE TO DESIGN AND BUILD NUCLEAR PLANTS.” “…Fluor is tracking 35 nuclear power plants scheduled for construction in the United States between 2010 and 2020.” “Business is good for Fluor's competitors as well. One of them, The Shaw Group of Baton Rouge, La., said Thursday it planned to hire 5,000 new employees over the next year, a 25 percent increase in its work force. The job opportunities include positions in nuclear plant engineering and design, Shaw said.” “Fluor said many nations outside of the United States are interested in building new nuclear plants as well, including the United Kingdom, Canada, Russia, Japan, China, India, Finland and France.” Click While it is a fact the growing demand for uranium has not impacted the small investor yet large industry is definitely a step ahead and already entering the game in a huge way. Dave, “You are one of the optimists that keep me goin'.” “I just call you a light along the tunnel as we all look for the light at the end. I must maintain a balanced "reading" list online and pay for you, Casey, Dines (thinking of Chan) in order to protect (mostly grow) my family's wealth.” “…whatever happens, I will keep my family's portfolio of mostly (90% junior silver, uranium, gold, physical silver and oil in that order and HOPE that any rebound after the 'powers do their thing' I will be rewarded by this choice. I mentally can't sell (won't sell physical yet) the 50+ stocks we have interest in (1/3 free after 100% gains) to try and buy it all back.” “Health and long life to you sir as in addition to your reco's, I also enjoy your editorials.” ML, Chicago, IL (you may use this name) It sounds like things are heating up in the Persian Gulf with a third US aircraft carrier heading in that direction. “The USS Nimitz and its support ships will be departing San Diego Monday, April 2, to join the John C. Stennis Strike Group in the Persian Gulf. The nuclear carrier is due to relieve the USS Dwight D. Eisenhower , but military sources in the Gulf believe all three US carriers will stay put if tensions continue to climb or if fighting breaks out involving American, British and Iranian forces. The mighty American armada is further supported by the USS Bataan and USS Boxer strike groups.” “Earlier, DEBKAfile quoted intelligence sources in Moscow as predicting that a US strike against Iranian nuclear installations codenamed Operation Bite has been scheduled for April 6 at 0040 hours. Missiles and air raids will conduct strikes designed to be devastating enough to set Tehran’s nuclear program several years back.” Sounds like now might be the best time to make an investment in gold and uranium. Gold Letter emails brief reviews of undervalued gold, silver, uranium and other resource stocks that are under valued and poised to rise. Our top 10 best performing stocks are up over 2,000% and our top 50 best performing stocks are up over 500% - 60 minute real time delay when the markets are open. The top 50 represent around 50% of all Gold Letter's recommendations since inception. Gold Letter is the only newsletter that tracks and publishes this kind of exact data on their recommended stocks. You won’t find this precise record keeping provided with any other newsletters. I said in the beginning that we were going to concentrate on uranium but I just can’t help myself. Let’s see how brother gold is doing.
Definitely still in a firm bull market. Are you invested in gold shares….and of course uranium mining shares also? Hi David, “…if you believe that gold is going to end up, for example, at $2000/oz, then do you really care if you buy it at $640 or $650 or, for that matter, $750?” “…gold is so much more popular in Asian cultures – they invest for the longer-term future, even from one generation to another, instead of needing instant action and becoming disappointed if there’s none. I’ll gladly take last year’s 23% gold return, compounded for each of the next, say, 10 years, and say ‘thank you very much.’ Best regards,” George I. from Mellon Send an email if you think war is imminent in the Persian Golf.
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INFORMATION The publisher and its affiliates, officers, directors and owner may actively trade in investments discussed in this newsletter. They may have positions in the securities recommended and may increase or decrease such positions without notice. The publisher is not a registered investment advisor. Subscribers should not view this publication as offering personalized legal, tax, accounting or investment-related advice. The news and editorial viewpoints, and other information on the investments discussed herein are obtained from sources deemed reliable, but their accuracy is not guaranteed. Authors of articles or special reports are sometimes compensated for their services. The opinions of FSU contributors do not necessarily reflect those of Financial Sense. |
