RE:Uranium's Bear Market is Over. The Bull is Here.
For 6 years now, all readers of this forum have heard many times that "the bear is over".
Every time the market has proven those predictions wrong. The numbers suggest that bear is still hanging on. Look at the spot price. Look at the futures market. Look at how many US utilities have been doing long term contracts. Look at how Cameco is trading. VERY VOLATILE. Any strength gets pounded viciously.
The market continues to prove the "wishers" and "hopers" wrong.
Those expecting some kind of bull market like the last one are almost certain to be disappointed. There is more uranium supply out there than most observers are aware.