GREY:SXRZF - Post by User
Comment by
wavepsycheon Dec 23, 2010 11:22pm
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Post# 17891736
RE: RE: What about the shorts?
RE: RE: What about the shorts?308U - Agree; there are probably quite a number of shorts (excluding those that fall under Punjabi's debenture thesis) that are resisting the 'new world order' dominated by BRIC. Many are still clinging to an archaic notion that global economies should be US-centric ... hence, the 'anti-Russian' trade as it were. Resistance is futile. JMHO.
In other news ...
If demand keeps growing as it is right now and you see oil prices going up back to the $140– $150 level, you will see uranium prices go back to $135– $138/lb.
Uranium is still a growth industry