Club Mulgoa

Friday, September 18, 2015

Uranium

No one wants uranium stocks at the moment. Yet the price of uranium has hardly moved in recent months.  It must be sitting in its trough and seems unable to move down any lower!  Perhaps, it is time to look at topping up uranium stocks but what is the point of buying if it stays in the trough?

1 Comments:

Blogger Club Mulgoa said...

With a >2% fall in Wall Street, you can expect similar even in the ASX. However, while this turmoil is going on, the price of uranium remains steadfast at USD37. Perhaps, the contracts for buying/selling of uranium is a long term issue.

2:55 PM  

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