Gordon Brent Pierce | Uranium
http://kzqw.com/Gordon-Brent-Pierce-Uranium.pdf
Gordon Brent Pierce. They are opening domestic numerous uranium mines this year, and have signed civil nuclear agreements in six countries. With these predicted astronomical numbers for China and India, speculation is driving the market. The price spike in 2007 was similar in that it was driven by sentiment, but very different because only a small amount of uranium actually changed hands. When speculators see Chinas commitment to invest $511 billion in nuclear energy combined with India long-term demand, it wouldn't be surprising to see them running back to uranium this year.
http://kzqw.com/Gordon-Brent-Pierce-Uranium.pdf
Gordon Brent Pierce. They are opening domestic numerous uranium mines this year, and have signed civil nuclear agreements in six countries. With these predicted astronomical numbers for China and India, speculation is driving the market. The price spike in 2007 was similar in that it was driven by sentiment, but very different because only a small amount of uranium actually changed hands. When speculators see Chinas commitment to invest $511 billion in nuclear energy combined with India long-term demand, it wouldn't be surprising to see them running back to uranium this year.
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