Uranium

A few pundits have been predicting the rise of uranium price.  The US-Russian agreement ends this year and the Russians have become a bit smarter in learning about capitalism.  They sold their surplus processed uranium from their decommissioned nuclear warheads for pittance to the Yankees under a treaty.  Suckers!

The price of uranium appears to have reached a long flat trough without much yoyoing.  NSW is permitted exploration but not the mining of the mineral.  Japan is restarting its nuclear powered generators.  China is continuing like no Fukushima has happened.  I don't know where the Germans are going to get their electricity from after killing off their nuclear reactors.  India will take forever to research into using thorium.

Is it time to get back into uranium stocks?  Inshallah!  The way the markets have been behaving, there is no logic.  But I predict, unprofessionally and without any financial qualification/authority, that 5-10 years from now, what is today's price will seem ridiculous... but it will probably drop a bit more because of crazy investors.  Just remember, you can't pick the real trough but others can!