RE: RE: re spot price and chinese I don't place my faith in humans acting rationally, faith is overrated. I look at facts, trends, developments, needs, requirements and try to make my own rational decisions when i invest.
Of course you are putting your faith in humans acting rationally, to say otherwise means that you have no idea how the stock market works. You can analyze facts, trends all you like but at the end of the day, Japan could decide to veer away from Uranium for good, just like Germany. You are acting on faith that other humans will analyze the same facts as you and draw the same conclusions. While investing, there is no point in being a genius and spotting an obvious trend if nobody else in the market ever picks up on it. That is why I was telling you not to make your retirement hopes contingent on a resurgence in the nuclear industry.
So far that has worked pretty well for me...
If you are concerned about being able to retire...obviously it hasn't. Hey, you don't have to follow anyone elses's advice...you are clearly a man of superior intellect (but you might want to take a look at the impact that overconfidence can have on one's stock picking ability)