GREY:SRSIF - Post by User
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Canonballon Sep 26, 2010 8:46pm
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Some inresting info from intellegentenergyinvestor
Some inresting info from intellegentenergyinvestorNuclear power is ramping up and uranium stocks are poised to make a big move.
Over the last year, nearly all of the metals have recovered from the lows following the financial crisis. Many have had a big run.
So the big question is: Where is the value to be found for investors? And the answer? One word…Uranium stocks.
The fact is, Uranium and many uranium stocks have barely budged from the post-melt-down low, but analysts are calling for a near term bull market for the metal. This makes room for some serious upside potential; and make no mistake, the fundamentals of the uranium market are exceptionally strong.
Nuclear energy is a green, clean form of energy being embraced by developed and developing nations across the globe. Uranium is crucial for the generation of nuclear power and nuclear power capacity worldwide is increasing steadily:
The worldwide numbers are staggering. Currently, 53 reactors are under construction world wide and 142 are on order or planned, another 327 are in the proposal stage. And, those reactors will need fuel…There's not enough uranium coming from the world's mines right now to supply the current power plants across the world, let alone a couple hundred more.
As demand for uranium rises—so will prices. And when the price of uranium finally begins to move up, the value of Uranium stocks such as near term uranium producers will as well.