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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (3341)10/12/2006 5:36:24 PM
From: smh  Respond to of 30224
 
Van Eden may be wrong but he ain't really stupid.

Actually he may be right but his reasoning is stupid. :)



To: Condor who wrote (3341)10/12/2006 6:48:14 PM
From: I_C_Deadpeople  Read Replies (4) | Respond to of 30224
 
If I am wrong please correct me but I believe their is no futures markets for uranium? If this is correct, how exactly could hedge funds be speculating or creating speculative pricing scenarios?



To: Condor who wrote (3341)10/12/2006 7:36:31 PM
From: TheSlowLane  Respond to of 30224
 
While you're sitting on the ski lift, I suggest that one way to pass the time is to order the excellent book that was just published by StockInterview.com, titled "Investing in the Great Uranium Bull Market". They're giving it away, so price is no objection. I strongly recommend that everybody on this board order a copy and read it (I am about 1/2 way through myself).

I am not going to go into the supply/demand scenario in detail here, but suffice it to say that the uranium market is in deficit and that uranium would be selling at an even higher price if it were not for the HEU program which converts Russian warheads in to fuel rods.

When I see van Eeden make a case, a real case, then I will pay attention. So far, I have heard a few glib statements that are unsupported by any level of detail. Further, he's been calling a top for over a year now. Where were these guys in 2001, 2002, 2003, 2004? Show me where he was helping people make money on the up side. Reminds me of all the bashing that copper is getting, coming from people who never got you into those markets in the first place. Unable to recognize an opportunity, yet they have no difficulty identifying a "bubble".

Cheers,

tsl