Stocks That Glow! Uranium Plays

[sumisu]

Good to hear from you. I'm still holding three juniors and will add a few more in any downturns.

With the uranium price still way down, the stock prices will remain lower, except for very positive drill results, so I think this is a time to hold or to add to current position, and buy into companies not yet in your portfolio.

Uranium stocks are a sock drawer investment. Once Peak Oil hits probably in 2015 or before, these stocks should accelerate in price by panicked investors who finally realize the prospect of a world in oil decline.

I seldom agree with the current administration, but Dr. Steven Chu, Secretary of Energy, knows of Peak Oil and this probably swayed President Obama to endorse a new uranium policy.

As an aside, M. King Hubbert, who developed the Peak Oil theory, presented the following topic titled "NUCLEAR ENERGY AND THE FOSSIL FUELS" on March 8, 1956. see following link:

http://www.energybulletin.net/node/13630

This is a long and worthy read to understand our energy future.

sumi