Uranium a glowing opportunity

Speculator

“Uranium, after decades of being the unwanted stepchild of energy sources, is now likely to offer better percentage returns…than oil, gas or any other energy alternative,” says Doug Casey, the American commentator on natural resource investments.

Source Moneyweek

http://www.moneyweek.com/investments/commodities/how-to-invest-in-uranium.aspx

Mention uranium, and you are likely to provoke a variety of reactions. Some will remember only its *associations with nuclear power and the Chernobyl disaster of the 1980s. *Others will praise it as a practical fuel and an answer to climate change. But now another angle is emerging: uranium as an alternative investment vehicle.
Canny investors first began to take notice some years ago, when the price of uranium shot up from about $10 per pound in 2003 to more than $130/lb in 2007. The global financial meltdown sent it crashing down again, though it has hovered around the mid-$40s/lb ever since. But experts now believe recent developments could prompt serious price gains.

Source FT

http://www.ft.com/cms/s/2/3123b600-3610-11df-aa43-00144feabdc0.html

Uranium remains a highly emotive commodity. Mere mention of the heavy metal stokes up memories of the catastrophic accidents at Chernobyl and Three Mile Island. However, governments across the world, including in the UK, have concluded that nuclear energy produced from uranium is the only viable way to combat climate change and global warming.

Source Investors Chronicle

http://www.investorschronicle.co.uk/MarketsAndSectors/Sectors/article/20091110/c999fc3c-cd29-11de-9040-00144f2af8e8/Uraniums-glowing-opportunity.jsp



For anybody interested in this commodity, take a look at this pure uranium ETF:

http://www.ncim.co.uk/GCLhome.shtml

Speculator

Speculator wrote: »

“Uranium, after decades of being the unwanted stepchild of energy sources, is now likely to offer better percentage returns…than oil, gas or any other energy alternative,” says Doug Casey, the American commentator on natural resource investments.

Source Moneyweek

http://www.moneyweek.com/investments/commodities/how-to-invest-in-uranium.aspx

Mention uranium, and you are likely to provoke a variety of reactions. Some will remember only its *associations with nuclear power and the Chernobyl disaster of the 1980s. *Others will praise it as a practical fuel and an answer to climate change. But now another angle is emerging: uranium as an alternative investment vehicle.
Canny investors first began to take notice some years ago, when the price of uranium shot up from about $10 per pound in 2003 to more than $130/lb in 2007. The global financial meltdown sent it crashing down again, though it has hovered around the mid-$40s/lb ever since. But experts now believe recent developments could prompt serious price gains.

Source FT

http://www.ft.com/cms/s/2/3123b600-3610-11df-aa43-00144feabdc0.html

Uranium remains a highly emotive commodity. Mere mention of the heavy metal stokes up memories of the catastrophic accidents at Chernobyl and Three Mile Island. However, governments across the world, including in the UK, have concluded that nuclear energy produced from uranium is the only viable way to combat climate change and global warming.

Source Investors Chronicle

http://www.investorschronicle.co.uk/MarketsAndSectors/Sectors/article/20091110/c999fc3c-cd29-11de-9040-00144f2af8e8/Uraniums-glowing-opportunity.jsp



For anybody interested in this commodity, take a look at this pure uranium ETF:

http://www.ncim.co.uk/GCLhome.shtml

Uranium making a strong come back

http://www.euroland.com/clcharts/ncim/chart.asp?cCode=UK-GCL&Customer=1&ShareName=Geiger Counter&Isin=GB00B15FW330&MarketID=4&x=390&y=200&UserCur=GBX&DaysInPeriod=92&min_date=&max_date=&DisplayStyle=0&gtype=1&ptype=0&lang=english&shNum=0&arrShareName=&arrMarketID=&arrIsin=&sPress=0&sDividends=0

pirelli

Speculator wrote: »

Uranium making a strong come back

http://www.euroland.com/clcharts/ncim/chart.asp?cCode=UK-GCL&Customer=1&ShareName=Geiger Counter&Isin=GB00B15FW330&MarketID=4&x=390&y=200&UserCur=GBX&DaysInPeriod=92&min_date=&max_date=&DisplayStyle=0&gtype=1&ptype=0&lang=english&shNum=0&arrShareName=&arrMarketID=&arrIsin=&sPress=0&sDividends=0

Shame I never saw this thread. That's must be up over 80% in two- three months. Greenland has uranium and rare earths. GDLNF I think is the ticker and there is another one. Just can't recall.

turbobaby

Indeed - the GCL ETF has performed beautifully over the last month. Up 48% !

Smcgie

Good research speculator:)

digme

Thorium Revolt: Mineral to replace uranium as nuclear power source?

https://www.youtube.com/watch?v=lOLo73k3OG0

An obscure metal that could energise our world... It's called thorium, it's eco-friendly, and there's lots of it. Many scientists say it could even replace uranium as a nuclear power source.

Xios

digme wrote: »

An obscure metal that could energise our world... It's called thorium, it's eco-friendly, and there's lots of it. Many scientists say it could even replace uranium as a nuclear power source.

I wouldn't mad on that metal, as the guy at the end say, it's still in very early development, and not many nations are backing research into it.

Speculator

Up nearly 8% today! Going to sit tight on Uranium for the next 5 years

Xios

Bill gates has invested venture into a thorium reactor. Interesting ted talk by bill

Speculator

Xios wrote: »

Bill gates has invested venture into a thorium reactor. Interesting ted talk by bill

Unfortunately because Thorium is of no use to the Super Powers in relation to weapons/defense I doubt China, Russia, US will cease using Uranium as it so versatile.

hmmm

I know very little about this, but I do know that there is shedloads of Uranium waiting to be exploited so I wouldn't fancy it as an investment. The Uranium "shortage" is largely because people haven't gone looking for it, that will change very quickly if the demand is there.

There's also apparently lots of thorium to be found, particularly in Norway. I believe India is investing heavily in Thorium reactors (I can't remember where I read this - was it in the Economist recently?)

turbobaby

The uranium ETF GCL is ticking along very nicely!

Thanks for the heads up Speculator...

pirelli

Global X Uranium ETF (Public, NYSE:URA)

Hasn't stopped climbing after forming a solid bottom.

turbobaby

Just a quick thanks I feel compelled to send you Speculator...

GCL up 129% from my initial investment.

Flip hot!

turbobaby

Eagerly awaiting the opening of the markets to see the impact of the Japanese disaster on Uranium stocks.