GREY:SXRZF - Post by User
Comment by
LouEon Feb 22, 2011 11:47am
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Post# 18173543
RE: RE: Uranium - Oil Correlation
RE: RE: Uranium - Oil Correlationthose 6 months they correlate...by co-incidence.
there are many examples of 6 month to 2 year trends that show the opposite.
Oil is all about how much is pumped (supply), and U308 is all about actual uranium needs (demand)
oil is controlled/manipulated with pumping less, whereas U308 is strictly based on demand (at the moment).
the ride from 2007.5 to 2010.5 was 3 years of down for U, and oil did its own manipulated thing. actually hitting records then falling/