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re: Uranium

Posted on 2/17/14 at 3:32 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10234 posts
Posted on 2/17/14 at 3:32 pm to
UUUU. I bought this pre-split. It has done nicely as of late.

Also, I trade in and out of URPTF (U.TO).

I think demand will eventually be coming from China as mentioned above.

I'm just curious about other views on this as now both Goldman and Deutsche have taken long positions. Goldman took possession in a bonded warehouse. I don't fully understand Deutsche's position as they were getting out of trading it, due to light volume.
This post was edited on 2/17/14 at 3:36 pm
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 2/17/14 at 7:35 pm to
Overall I can't be too bullish. While China's demand might go up European and North American demand won't be going up after Fukishima.
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