Playing the new uranium boom

City A.M.(Editorial)  reports spot uranium has increased over 60% to $68 per pound.

The article is quoted as saying:

By 2014, global demand is projected to be 95.7m kilograms, up from 76.6m kg today. This will leave an estimated annual shortfall of around 36m kg, which is likely to result in higher prices both for the metal and for those companies capable of bringing uranium to market.

There is currently no ETF (Exchange Traded Fund) that tracks the spot price of uranium. However, there are two new funds that are designed to reflect the performance of companies engaged in various aspects of the uranium industry.

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