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Hedge Funds and Uranium

Filed in archive Hedgetalk by Alex Akesson on February 26, 2007

Hedge Funds and Uranium
This is something to watch, from the Times Online;

"Uranium prices rocketed to their highest-ever levels last week as hedge fundslinks plunged into the market and took big bets on prices rising even further."

Uranium prices have increased eightfold over the past three years, market watchers say prices may be driven up by the entry of speculative buyers into the market.

"We have hedge funds competing in the market for the very first time against the utility companies who are the normal buyers." The entire article is here.






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Tags: hedge+fund  hedge  funds  fund  uranium  hedge+funds  funds+uranium 

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