Investigate the recent debate over fluctuating Uranium prices and if Uranium is here to stay.
Christmas 2016 was not very merry for Uranium investors. Even the bears were likely surprised when the price cracked below $22, then $20, $19, $18…
In the new Trump regime uranium prices started rising almost immediately after the polls closed on November 8th, 2016. Since then, the bellwether uranium ETF, URA is also up impressively, as is bellwether U308 stock and Cameco. The former rose from $12 to $17 and Cameco is up to $11 from $8.