Uranium Tumbles On Japan Crisis

Long Tail

WSJ reports on the uranium sector as the Japanese crisis continues.

WSJ reports on the uranium sector as the Japanese crisis continues.

The market news is quoted as saying:

The most volatile market since the Japanese earthquake isn’t Japanese or U.S. stocks. It is uranium, which until Friday was a little-noticed pocket of the commodities markets.

Trading in uranium is often sporadic, with just a few dozen transactions taking place each month, and trading on the spot market totaling about $2.5 billion last year.

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