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To: Brilliant

Uranium is not a deficit on World Market. And will not for long time.


3 posted on 11/26/2005 11:34:00 AM PST by mym (Russia - motherland of elephants)
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To: mym

The price always adjusts to meet the demand, so it will never be in "deficit." The problem is that when the US starts to use uranium at the level we should be using it, the world price will skyrocket. We could be buying up uranium now at relatively low prices, while the rest of the world is still in "developing country" mode. But why would we be buying uranium, if we have no use for it? Instead, we're selling it. And that means that by the time we actually have a need for uranium, it will be owned for the most part by foreigners.


10 posted on 11/26/2005 2:01:29 PM PST by Brilliant
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