Uranium Gets Nuked

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During the weekend, I saw some chatter about how uranium would actually be bid higher in price.

I'm the contrarian's contrarian, but even I had to say – HUH?!?!!? – to such a notion. I mean, the nuclear meltdowns in Japan are going to be as good for the nuclear industry as the Concorde-bursting-into-flames was for the supersonic aircraft industry.

In other words: dead for decades.

0314-URRE