Monday, December 17, 2012

That stealthy little bastard uranium!

Check it out. While all you guys were fretting about $HUI and GDXJ and the explorecos:

Uranium has made a bold and vigorous move.

Mickey Fulp's thesis was that the recent drop in uranium happened because the US government made a big U sale despite promising the industry to keep a floor price for U.

With that sale done and gone now, and the bombs-to-fuel program finished, I think right now Mickey will be saying that this is the time that uranium begins to pick up again and dig itself out of this hole.

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