The three year uranium bear market. Is it over?

Energy Investing

Mineweb reports on the uranium bear market.
Commodities were booming as the growth story in the East continued to plough ahead – and the uranium price was no different. Uranium soared to $136 a pound from less than $10 between 2000 and 2007.
Then reality set in. The credit crunch caused an unwinding of the global economy […]

Mineweb reports on the uranium bear market.

Commodities were booming as the growth story in the East continued to plough ahead – and the uranium price was no different. Uranium soared to $136 a pound from less than $10 between 2000 and 2007.
Then reality set in. The credit crunch caused an unwinding of the global economy and the uranium spot price plunged. It currently sits at $41.75. The price has collapsed by 69pc in a three-year bear market e_SEnD but speculation is mounting that China may be about to tip sentiment in the favour of bulls.

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china uranium spot Uranium Investing