Uranium prices fell by two-thirds between the Fukushima nuclear disaster in 2011 and the middle of last year. But the bounce since mid-2014 could be the start of a rebound, reckons Wirtschaftswoche, a German news magazine.
The World Nuclear Association expects demand for nuclear energy to climb by a third by 2030 as countries build more reactors to meet the need for more electricity. There are 438 active reactors worldwide, with 69 being built and another 184 planned.
The uranium bull market of the early 2000s gave production a hefty fillip, but the increase has not been big enough to close the gap with demand from power stations. And now the gap looks set to grow.
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The bear market of the past three years dampened exploration and the supply squeeze has had to be alleviated with uranium from secondary sources such as spent fuel rods. One way to gain exposure is through Canada-based miner Cameco Corporation (NYSE: CCJ).
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What would the greatest mathematician of the Middle Ages say about gold today?Sponsored Italian mathematician Fibonacci is most famous for a curious sequence of numbers. Continuing his series on technical analysis, Dominic Frisby explains what these numbers are, and what they can tell us about gold’s next move.
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How moving averages can reveal trades worth betting on – and ones to avoidSponsored Dominic Frisby looks in more depth at how moving averages can help you catch turning points in markets and help you decide which trades are worth pursuing.
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This chart pattern could be extraordinarily bullish for goldCharts The mother of all patterns is developing in the gold charts, says Dominic Frisby. And if everything plays out well, gold could hit a price that investors could retire on.
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Believe it or not, this market is a “buy”Charts With the world in the state it’s in and the market so volatile, buying stocks right now might go against all your instincts. But that’s just what you should be doing, says Dominic Frisby. Here, he explains why.
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Chart of the week: avocados and bitcoin are in syncCharts An amusing new spurious correlation has been spotted between the price of bitcoin and Mexican Hass avocados. In reality, of course, they have nothing to do with each other beyond “superficial price action”.
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Chart of the week: Kuwait's stockmarket is ready for take-offCharts Kuwait's stockmarket is due to be promoted from “frontier” status to an emerging market by index provider MSCI next June. That should entice almost $10bn of global investors’ cash into the country.
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Chart of the week: US stocks outrun profitsCharts The US stockmarket has become totally detached from underlying profits of its constituent companies over the past three years.
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Chart of the week: Dr Copper diagnoses an ailing economyCharts The price of copper has slipped by a fifth this year and is now at a near-two-year low of around $5,600 a tonne.
