No Business Training Whatsoever

How I'm gambling away my retirement fund in the stock market.

My Photo
Name:
Location: Toronto, Ontario, Canada

They only give you 1200 characters to describe yourself, so I won't even try.

Thursday, April 20, 2006

Rant - Why I Think Uranium Is Better Than Oil

My thinking is that sustained high uranium prices are more likely than sustained high oil prices.

How do I figure? Well, if oil prices stay high....uranium plants construction is sure to get even more hotter. If oil prices subside, well, uranium is still likely to stay high just due to the number of new plants that are already scheduled to come online. Also, think environment....greenhouse gas emissions...etc....only going to be talked about more and more as our planet melts.

So, how is the supply? As it turns out, the world doesn't have a lot of spare uranium supply floating around because so few companies produce it. There might be a lot of it in the ground....but it's hard to find and not enough people are looking now.