uranium price hits four-year low, page-8

The run from US$10 up to US $140/lb was recorded before the introduction of a uranium futures market, a point where uranium could then be sold by speculators who never had any uranium. The run up in prices was unique and a function of both a spot and a long term pricing contracts. Unique in that these were tranctions backed by real supply.

What I am saying and what they will not teach you at University is that futures markets are vulnerable to short side attacks from conflicted interests (usually government). This has certainly been the case with food commodities to manage food price inflation. As a primary producer have watched many peak and troughs and the misinformation that is peddled about markets about the size of production stocks. It is also the case for uranium such that producing assets can now move into the industry's senior player hands for cents in the dollar. All thanks to a price which has mysteriously sunk below the cost of production.

For uranium, global government wants a highly concentrated production engine to manage this very strategically important energy and war machine metal. Why wouldn't they print money to short the commodity itself?