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

This is something to watch, from the Times Online;

"Uranium prices rocketed to their highest-ever levels last week as hedge funds 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.

Related Entries:

Hedge funds Go West. - 10 February 2006
Hedge fund facts from the morning Paper - 20 May 2005
Hedge Fund News - 27 October 2006
Two Hedge Fund Events - 20 February 2007
British Rail Pension Fund Plans to Invest One Billion In Hed... - 26 February 2007
Scandinavian Hedge Fund Of Funds Announces Portfolio Exits - 24 June 2007
Rupee Appreciation & Hedge Funds - 29 January 2008
NY Hedge Fund Manger Joins With Canadian Giant - 21 July 2008

« Environmental Hedge Fund | Main | British Rail Pension Fund... »

Permalink: Hedge Funds and Uranium

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

Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/55260

Addthis

Ask

Blinklist

del.icio.us

Digg

Fark

Facebook

Google

Lycos

Ma.gnolia

Mr Wong

Netscape

Netvousz

Newsvine

StumbleUpon

Slashdot

Tailrank

Technorati

Wink

Yahoo

Vote for Hedge Funds and Uranium:

Currently 8.50/10
1
2
3
4
5
6
7
8
9
10

Rating: 8.50 out of 2 vote(s) cast.

Response from: Uranium Stocks (02/26/07 9:59pm)

One of the key drivers that will push the uranium price to extreme highs is hedge fund buying.
As these are new players to the market they are pushing out the utlities in the bid for uranium.

The power companies need to be bold and pay more for their uranium or else they will not have any!

http://www.uranium-stocks.net/utility-companies-where-are-your-brave-c
aptains-of-industry/

We at
http://www.uranium-stocks.net/
are looking for $100/lb easily this year.