Exactly! Utilities cannot buy Uranium from the NYMEX futures as it is purely a financial instrument nothing more and it is purely run on sentiment. Until it is connected to the physical commodity itself it will remain a joke in my eyes. A pure gamble. It culd very well go down to $10 and it would mean jack sh.t to the commodity spot price on the UXC site which will skyrocket in the coming years.
Most people don't understand this.
another bull in bears clothing, page-5
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