Take physic, pomp

Chart of the day is….

….uranium spot, two year chart.

Taken from the useful UxC website (bookmark it). I’ve never bought into U and have never regretted it. The period in 2007 when U flew to $130/lb and above was also a great time to learn about the way bandwagons roll. Remember all those instant U experts that arrived on the scene? Remember all those start-ups (where are they now)?

Cut to 2009 and we now have insta-expert crazes in lithium, and rare earths. We have two dozen BS scamsters picking up land positions in Colombia PMs. La plus ça change…..

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