Iscaethebear

My 2010 Market Predictions

Brian:
We can't keep printing money and strengthen the USD at the same time. The USD only has one direction to go over the long haul and that is down. There maybe minor swings in the short term but until we change the way Washington operates our dollar is going down. I like materials, China, energy , certain ag stocks, precious metals and uranium.
Regards,
Bruce

Consensus is Most Commodities Will Fall in Price in 2007

Birinyi's esimate on uranium is wrong! Currently world uranium consumption outpaces production by 80 million pounds. The largest miner, Cameco's (CCJ) Cigar mine (richest in the world) is flooded and will not be on line for at least a year. Uranium has gone from $7 a pound to over $60 without a single pullback. In addition, nuclear power plants are being planed all over the world, Russia, China India and more. Nuclear power plant manufactures are postioning themselves. GE Sees the writting on the wall and has form an alliance with Hitachi to build future pants and Toshiba just paid $4.2 billion for nuclear reactor maker Westinghouse.

It takes ten years to bring a uranium mine on line. So many new miners have yet produce any uramium. We are in a 5-10 year bull market.

Bruce Brocker