Uranium’s Secret Comeback

Energy Investing

Wealth Daily(Editorial) reports on the acquiring of uranium assets as the uranium sector makes a positive comeback.

Wealth Daily(Editorial) reports on the acquiring of uranium assets as the uranium sector makes a positive comeback.

The editorial is quoted as saying:

We saw gold breach $1,430 an ounce and silver top $30/oz during the fourth quarter of the year. Meanwhile, base metals like copper and nickel also rallied in the final quarter of 2010.

But there is another metal — outside of the precious and base metal families — that will wrap up the year outperforming most others…

I’m talking about uranium.

In the past eight weeks, the price of uranium has jumped 19.4%; since October, the radioactive metal is up 30.9%.

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