I would go for the more rare stuff, like Plutonium 239 or Lithium 6. I tried it in the 90s, but the delivery never arrived ... shouldn't have trusted this Columbian guy.
Thanks. I'm looking into uranium futures but also uranium miners. Did you ever invest in producers/enrichers? Urenco used to be a client of mine, but they are privately held.
I don't know why I am telling you this but here we go:
Uranium One
I expect a return to the 2006/2007 levels after the financial crisis is done away with as people are looking to invest heavily in Europe and Asia in certain technologies that might empower people.
yes. there was a lot of new supply after the 2007 boom, but i think there will also be new increased demand. even if demand comes online only in a few years time, there probably will be some stockpiling ahead of this.
i know that there are quite a lot of niche players in uranium, but i'm not familiar with them. i'm looking at paladin as i have more familiarity (former client). mainly concerned whether some of the smaller ones will be susceptible to further economic shocks (mainly re: debt servicing).
I wonder whether your use of the words 'buy' and 'uranium' in one sentence has been noticed by the US's search engines and whether you're now on the CIA's hitlist
I assume the derivatives you are talking about are for cash settlement only? I dare not imagine the hoops you would have to go through to take delivery!
I do not invest in any commodities which have dubious origin or materials which have hazardous potential of stirring the conflicts in the world, blood diamonds and rare metals which are acquaired by explotation of masses for low wages. Naomi Cambell can shed more light on the issue at hand
Overbought in my opinion , used to be a big holder of Uranium one. Furthermore most of its uranium comes from.... Afghanistan and it's under new Russian ownership (the company)
Denison mines has practically no debt and is ridiculously cheap. It also has a ton of promising prospects.
I'm also long strathmore and cameco.
Either way Uranium is goin straight to the moon.
EDIT: Uranium one announces results tomorow I think so maybe you'll see some movement there.
thanks. i'll follow up on the tips. strong balance sheet and ability to continue operations in a worsening credit/economic environment is one of my key requirements.
Uranium prices have been very depressed for a long time , miners have high mid-term costs keeping projects open , so lean flexible miners are what you're looking for - preferably with tons of capacity for expansion.
Uranium has shot up on the spot market in recent weeks , increasing by $10 per pound - which to a miner is the difference between losses and profit , see Denison: