10/11/2006

ENERGY: This is a quote from an energy analyst at Merrill Lynch, who in my experience is the best guy there is for shorter term investing (speculating) in oil and gasoline:

The supply of this fuel (uranium) is so short that worldwide prices have already doubled in 12 months - and are soaring higher by the day.

The global gap between supply and demand of this precious fuel is already a whopping 15 million pounds - nearly 20% below worldwide demand. And this shortfall is expected to double in the coming months - with no end in sight. In fact, the demand is growing so fast that the supply chain may never catch up......
Now they are touting uranium as in investment, something that can be insanely risky. But if I were you I'd start looking it up, because nuclear energy is the only way we can go.

No comments: