GREY:SXRZF - Post by User
Comment by
fcabreseon May 02, 2011 1:46pm
423 Views
Post# 18518509
RE: RE: market could get ugly if PC loses.
RE: RE: market could get ugly if PC loses.I doubt the market would care if either the Tories or Liberals won...and a majority might even help indicating that we would finally have some poltiical stability. As for the NDP....quite a different matter. If they tried to implement even half their platform, my bet is you'd see a huge TSX haircut...but the reality is is that their platform is so out to lunch in the first place, it is extremely unlikely that they'd really go forward with any of it. So, a NDP vote is either a vote for massive budget deficits or for someone that you know is lying in the first place. I'm predicting another Tory minority once it's all said and done...
Anyway, this isn't a poltiical forum - I honestly don't see the election having any impact on UUU. Uranium is a global commodity and the global market for it is much larger than Canada. It may be a volatile play, but not because of politics.