Hot Uranium News

Saturday, May 5

Uranium attracting the masses

Articles: "It's slowly starting to make the headlines more often though it is still not appearing in the front pages. This means that the masses are starting to get the first whiff of this bull and this is when things start to get more volatile. It is also the stage that many contrarians start to get nervous and start thinking about bailing out. Nowadays we have two groups of contrarians. One being the true contrarians and the others are fashion contrarians. True contrarians believe that they should buy when no one is paying attention or hates the sector and jump out the moment the masses start investing heavily; fashion contrarians ignore all evidence around them and stick to the original argument that the sector they are investing in has to go up because the fundamentals have not changed at all. Gold bugs make for a classic example; in the last gold bull market they held all the way up and then continued to hold onto their investments all the way down. "