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re: Uranium
Posted on 2/17/14 at 3:32 pm to LSU0358
Posted on 2/17/14 at 3:32 pm to LSU0358
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.
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 on 2/17/14 at 7:35 pm to Iowa Golfer
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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