Uranium New Bull Market Cycle

Russia saying it will load fuel into Iran's first nuclear power plant on August 21st has escalated our concerns that any new tensions between the Kremlin and the White House may cause Russia to consider exporting more of its uranium to China and India rather than the U.S. since they may be able to get more lucrative offers. The move by the Russians has also raised our eyebrows considering the U.S. had asked them to hold off starting the plant until Iran has stopped enriching uranium. This news, coupled with reasons we outline in this segment has us thinking the price of uranium is about to get "energized". Check out The Commodity Chronicles on bluephoenixinc.com for a 30-day trial offer.

Category:

Education

Tags:

• uranium
• alternative energy
• cap-and-trade legislation
• clean energy