Hot Uranium News

Monday, November 26

Consumed: a Public Radio series

American RadioWorks - Design of Desire: "We are what we buy — a glib adage to be sure, but it prompts an interesting question: Is our consumer society sustainable? American Public Media takes on that question in this special series. We follow consumerism from its origins to its dominance in the world's economy and, arguably, its culture. And we examine how, and if, it might be adapted to reduce its destructive consequences while keeping store shelves stocked."



(Via Bill Chapman.)

Friday, October 26

FEMA%u2019s fake 'news conference' - First Read - msnbc.com

FEMA%u2019s fake 'news conference' - First Read - msnbc.com: "On Tuesday, FEMA held what was called a 'news briefing' on the California fires, but the questions asked did not come from reporters. They were asked instead by FEMA staffers."



Monday, July 9

Uranium Bull Market Far From Over: Financial News - Yahoo! Finance

Uranium Bull Market Far From Over: Financial News - Yahoo! Finance: "A spike in activity often comes at the top of a bull market cycle or before a long consolidation period in prices. From this point of view, there seems to be a number of warning signs emerging in the uranium sector:
• Uranium futures started trading recently on NYMEX, recognizing uranium as an important commodity
• Global Uranium Fund and fund warrants (AMEX: GUR - News) were recently unveiled
• Prices for yellowcake have risen steadily for 47 months without a single downtick, and now uranium prices have finally had a hiccup falling by $3 per pound.
• The RSG Uranium Index is up over 100% and the Exploration II Index is up about 300% over the last 12 months
• At same time, a merger and acquisition wave arrived in early 2007 and the stocks started to turn sharply down in May"


Sunday, July 1

Yellowcake Fever - Forbes

Yellowcake Fever - Forbes: "

Yellowcake Fever
Forbes,'NY'- 29 Jun 2007
Most investors have no idea that there is currently a mad speculative scramble going on in the commodities markets over the future price of uranium. ...
"



(Via Uranium Market News.)

Tuesday, June 5

Analysts say uranium may soar to $US200

Analysts say uranium may soar to $US200 - Sydney Morning Herald: "


Mining Journal Online
Analysts say uranium may soar to $US200
Sydney Morning Herald,'Australia'- 4 hours ago
URANIUM spot prices could reach $US200 a pound within the next two years, buoyed by a shortfall in supply and increasing investment in the nuclear fuel by ...
$US200 the tip: uranium is running hot Melbourne Herald Sun
Uranium May Reach $200 in Two Years, Macquarie Says (Update1) Bloomberg
all 9 news articles
"



(Via Uranium Market News.)

Wednesday, May 23

Resource Investor - Uranium - Still Time to Get in on the Uranium Boom

Still Time to Get in on the Uranium Boom: "Often called %u201Cthe original uranium bug,%u201D Dines drew a bullish picture of the market - driven by a growing supply deficit as more nuclear plants coming online. Utilities %u201Cneed uranium right now,%u201D he said.

Currently, 443 nuclear reactors operate worldwide, consuming 180 million pounds of uranium annually. Primary supply makes up about 61% of total supply with secondary supply making up the balance."



Monday, May 21

United Press International - Energy - Briefing

United Press International - Energy - Briefing: "MOSCOW, May 21 (UPI) -- A leading Russian nuclear expert warns record prices for uranium will continue to rise as supply stays tight and demand worldwide booms.

Yevgeny Velikhov, head of the Kurchatov Institute, told reporters at a RIA Novosti news conference that the recent surge in uranium prices 'may still grow by another order of magnitude.'"



(Via UPI.)