Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (59614)	1/29/2005 12:32:14 PM
From: Seeker of Truth	Read Replies (3) of 74559

"On CCJ, I may follow you." Dear EP and JC, Like you two I like U, whether as the oxide or the fluoride, and therefore I have had a fair amount of CCJ for some time, as it floats ever upward. But it seems to me that while there is a well documented case that the planet is running out of oil, I have not heard the same argument for U. What I believe is that it is too cheap now. Have either of you heard of any arguments that "Uranium has peaked"? About coal, it is evidently in short supply which I find astonishing. I remember when I lived in China geographers there said that China has 1000 years of coal in the ground. Of course the population has grown a lot but is it just a matter of digging some more and thereby establishing new mines or has coal peaked? Canada exports coal. The US is said to have centuries of coal reserves. ???? Baffled oil and real estate fancier.

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