The Gold and Silver Index (XAU) is holding steady above 120, having reached a high above 156 in January, a level it had not seen since September 18, 1987. The spot uranium price is higher than its been since January 1980. Crude oil? Filling up your gas tank should remind you that oil prices are still painfully high. So all of this must mean mining companies are thrilled with their good fortune? WRONG! Theres a snowballing crisis in the mining sector, which has been kept off…
9 Survival Tips for the Market Shakeout Blues
Investors who bought during the top of the frothy commodities rally are now panicking or kicking themselves. Neither activity helps an investor or trader think straight. Below are a few tips in dealing with the current market shakeout
Ancient Meteor Impact May Hold Key To Uranium Exploration Success At Cluff
ESO Uranium to Angle Drill near a Promising 1970s Hole
I look at about 100 different projects a year, most of which go into the round filing cabinet on my floor, said Tony Harvey, the senior technical advisor to ESO Uranium (TSX: ESO), and formerly a senior manager of Wright Engineers-Fluor Daniels, which was involved with the design and construction of 14 mines worldwide. Harvey quickly ticked off what is necessary to attract his eye, I need to see history. I need to …
An Inside Look At Camecos Smith Ranch Uranium Facility
Cameco Corp (NYSE: CCJ) is the 800-pound gorilla of the uranium sector. Cameco is to uranium what Wal-Mart is to retailing, and what Saudi Aramco is to petroleum. On a percentage basis, Cameco dominates its sector more so than either of the two. Cameco probably has more clout in turning off the electricity now powering your computer than any other company in the world.
This week, the spot price of uranium rose to $40/pound, for the first time since Ronald Reagan was presi…
Why Does a Companys Uranium Resource Calculations Double?
Changes in uranium mining methods, and changes in subsequent methods for calculating resources estimates, have led to companies increasing the number of pounds of uranium. This has led to some dramatic spikes in share prices for those uranium companies.
Commodity Futures Trading Why It’s Not For Average Investors
Explains commodity and futures trading and the pitfalls of this type of investment you won’t hear from the newsletter writers and “commodity trading gurus.”
Why You Should Consider Trading Futures
One of the least understood financial markets is the one for futures. That is in part a function of the fact that for many years it has been referred to as commodity futures, which has no doubt turned many would-be traders away, folks who dont have any interest in things like Pork Bellies and Frozen Concentrated Orange Juice (to include a few from the popular Trading Places film). The other factor is the perceived complexity of the futures market. The fact of the matter, t…
Wyoming Could Play A Key Role In U.S. Nuclear Future
Will the Wyoming Uranium Province Rival Canadas Athabasca or Australias Northern Territories?
Geology is 90 percent terminology and 10 percent science, laughed Ray E. Harris, one of Wyomings leading geological theoreticians, having been with the Wyoming Geological Survey since 1982. He died on March 7th. Two weeks earlier, we met with and interviewed Mr. Harris. Everyone we met in Wyoming, and who was interested in uranium mining, had, at one time or another, passed t…
Is This Uranium Bull Market For Real?
In light of Toshibas recent proposed acquisition of Westinghouse Electric from the government-owned British Nuclear Fuels (BNFL), historians may be reminded of former Westinghouse Chairman Robert Kirbys litigious international outcry and prolonged battle over secretive and illegal price manipulation by a global uranium cartel. In the 1970s, Westinghouse, determined to capture the world market of building nuclear reactors, offered dirt-cheap nuclear fuel as part of its incen…
Forex And Commodities Futures And Options. What To Know Before You Trade.
The popularity of trading futures and options has been growly rapidly for several years. The ease of accessing constantly updated data online has prompted an increased fever by day traders to attempt to be successful and make money in this risky investment area. Individuals can now trade these markets with the same ease and speed as large companies.
Trading forex ( foreign exchange ) and commodity futures and options is not for everyone. It is a complex and risky business…
Free Money? Not quite close enough.
How one can make (almost) free money on a consistent basis with little experience and some learning.
Canadian Research Analyst Forecasts Severe Uranium Supply Crunch For Next 10 Years
Uranium to Head North of $500/pound?
Rising Uranium Price May Consolidate Exploration Sector, Driving Intense Takeover Activity
Legendary stock picker James Dines recently compared uranium stocks to the high-flying net stocks of the halcyon days of the Internet expansion era. While the much-hyped and fleeting Y2K crisis never materialized, the U.S. energy crisis for highly sought uranium has been developing for more than twenty years. Still early in the current bullish …