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BestYtTC1on Jul 24, 2013 6:16pm
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Japan Election Spurs Uranium Rally
Japan Election Spurs Uranium RallyRe:
Market Commentary - Wednesday, July 24, 2013
Title:
Japan Election Spurs Uranium Rally
Publisher:
U3O8.biz
Author:
Vivian Diniz
Prompted by the "short squeeze" and the victory by Prime Minister Shinzo Abe's Liberal Democratic Party in Japan, uranium stocks made some impressive gains. A win by the Liberal Democratic Party (LDP) could be one of the catalysts that the uranium market has been waiting for. Following the Fukushima nuclear disaster Japan shut down all of its nuclear reactors until they were able to meet new safety regulations. With the LDP's victory, it could mean a restart of the country's nuclear plants.
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