Contrarian Profits

New Enthusiasm for Nuclear Power

The price of uranium took flight in late 2006 and most of 2007. It peaked right at one year ago, near $140. The term “uranimania” was coined by Bob Bishop, if I’m not mistaken. Uranium stocks of all nature went up in meteoric fashion. Fortunes were made by those that came to the party early and were smart enough not to overstay their welcome.

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