Five signs uranium could explode higher in the second half
By Jeb Handwerger
July 18, 2013
Rail trucks loaded with uranium ore (Source: Bloomberg)Rail trucks loaded with uranium ore (Source: Bloomberg)
Major institutions such as JPMorgan are predicting uranium prices could move to $90 in 2016. I think it could happen even sooner.
Uranium (URA) could soar over the second half of this year. I believe the sector is making a major comeback. Long-term uranium investors are well aware of the exceptional gains in this sector, like in 2007 when many uranium miners soared more than a 1,000% due to a supply shortfall. It could happen again sooner rather than later.
Most of the investment community is totally unaware of the increasing demand worldwide for clean base-load energy sources. I know you may not find nuclear power or uranium mining exciting, but it could be the greatest area for growth over the coming decades. That is why investors such as Microsoft's Bill Gates believe in the long-term viability of nuclear. It has soared before and could rise exponentially again. There are the five reasons uranium miners and the spot price could soar...........
Full story.....http://www.resourceinvestor.com/2013/07/18/five-signs-uranium-could-explode-higher-in-the-sec?ref=hp
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