Uranium

When uranium was rising in price, the date to note was 2013.  The Russians were duped into selling uranium from their decommissioned warheads to the Yankees for a song.  At least, they are honouring the contract.  Come 2013, the rate of production of uranium will be below consumption.  Already PDN's production is locked up by an advance payment.  The richest uranium mine in Canada has not produced any yet since it was flooded a few years ago.

In the meantime, markets are only interested in short-term performance and uranium stocks have been mostly decimated or punished for the falling uranium price (consequence of Fukushima, of course).  But nuclear energy continues to be developed elsewhere.  Even Japan had to restart one nuclear energy generator.  While I haven't got many uranium stocks, unless exploration progresses to production (takes years!), there is little chance of capitalizing 2013.  After Fukushima, very few articles were written on uranium stocks as an investment.  It is a very much a four-letter word....