Down With Uranium?

Apr. 09, 2010 09:24AM PST

Wyatt Investment Research reports a discussion on the uranium sector.
Even better- the WNA estimates that world usage of uranium will be 68,646 tonnes in 2010 – but by 2030, they expect that number to swell to more than 343,000 tonnes.
Again- most of that demand will come from China, followed closely by India and Japan.
So what’s […]

Wyatt Investment Research reports a discussion on the uranium sector.

Even better- the WNA estimates that world usage of uranium will be 68,646 tonnes in 2010 – but by 2030, they expect that number to swell to more than 343,000 tonnes.
Again- most of that demand will come from China, followed closely by India and Japan.
So what’s next?
Sometimes it’s tough to reinforce a contrarian viewpoint. All I hear on the news in Vermont is that nuclear is bad. I don’t actually believe that nuclear is bad, and I’m kind of worried about my electricity bill if we get rid of one of the biggest contributors to the grid in this area. But if the popular media, and general feeling about nuclear is that it’s bad…then it’s probably a great place to think about investing.

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