Hi all
I am not expert but I have noticed that spot price keeps on fluctuating.
It had gone up to $44 in November 2014 and then gone down to $35.40 in January 2015. Started increasing again and reached $39.50 in March 2015. Again gone down to $35.00 in May 2015. Since May 2015 it has increased to $36.75 on 31 August 2015. Current week's spot price will be published on Thursday. Hopefully, $37+.
Having said that it has been inching up since May, the trend so far shows it is not moving up but it is sort of moving between $35 and $40. The trend IMO will be upwards only if we see it jumped the fence of $40 and continue to move up from there.
Hope it happens sooner. Good luck to all uranium investors.
Hi all I am not expert but I have noticed that spot price keeps...
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