Long-Term Uranium Prices Finally Turns Up

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The Financial Post reports that for the first time since the Fukushima disaster, the long-term price of uranium has finally turned up. According to trade publication Ux Consulting, the term price rose to US$61.50 a pound this week, up 2.5% from US$60.00. Ux’s long-term price covers material that will be delivered more than two years […]

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We’ve been highlighting uranium a lot all year long because, well, things look pretty bullish for the yellow metal!  Last week we ran a piece from Agora’s Byron King, who really likes Cameco.  You can read all of our recent uranium analysis here. Doug Casey: Glowing Prospects for Uranium On September 22, 2011, Karen Roche […]

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Check out the chart of uranium stalwart Cameco – can you spot the trend? Source: StockCharts.com And backing it up a bit, we can see that Cameco has decisively pushed to two year highs – and it’s making a run at its pre-“end-of-the-world” levels: Source: StockCharts.com Most trend traders watching CCJ would have likely “gone long” […]

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