Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« Cameco Is A Solid Bet For The Likely Recovery In Uranium Prices | Main | Uranium Outlook: 2014 Will Be The Year of Uranium »
Tuesday
Jan142014

Uranium bull market to gather steam over next 18 months - Scotiabank

  chart courtesy of u3o8.biz

Scotiabank analysts make noise on the uranium drum, drawing a what-if supply/price picture if Japan restarts reactors.

Author: Kip Keen
Posted: Monday , 13 Jan 2014 

HALIFAX, NS (MINEWEB) - 

Scotiabank analysts are bullish uranium. They have been for some time. As we noted in early 2013, Patricia Mohr, Scotiabank's vice-president economics and commodity market specialist, made the case that uranium prices, decimated by the 2011 Fukushima Dai-Ichi nuclear disaster, would rebound mid-decade. It's not a position that has changed. In her latest commodities report on December 19, 2013 she labelled uranium a "turnaround story" for the mid-2010s. Her thesis - as outlined at the AME BC Roundup conference last year - is heavily contingent on three factors: decreasing sources of stockpiled uranium, increasing reactor builds in China and restarting reactors in Japan, still on idle after the Fukushima Dai-Ichi nuclear disaster in 2011, which decimated uranium prices.

To read this aqrticle in full please click here.

In September 2011 the Gold Bugs index, the HUI stood at 630 as gold prices peaked, since then both have trended lower with the HUI losing about 65% of its value. The bottom has been called a number of times and after such a dramatic decline its difficult not to think that we are there now. However, as we all know the timing of any investment is crucial to its success and that is exactly what we are trying to do here, trying to pick advantageous entry and exit points. If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that your verification has not gone astray and you are getting our emails.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (1)

"Scotiabank is bullish on uranium,,, and has been for some time????

Since it appears they have been WRONG for about TEN CONSECUTIVE YEARS, we should believe those assheads because.?????

January 15, 2014 | Unregistered CommenterJoeBronx

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>