Uranium is the energy investment of choice for a growing number of hedge funds, who say a sixfold gain since 2001 is just the beginning of a rally that will last years.
"We're in a historic uranium shortage," James Passin of New York-based Firebird Management told Bloomberg. "We're in a global nuclear revival."
Uranium achieved a record $60/lb in 2006, and may rise to $70 by January after a flood at Cameco Corp's Cigar Lake mine, says Jean-Francois Tardif of Sprott Asset Management, headed by
The week on Risk.net, July 14–20, 2017Receive this by email