Morphy Institute of Reason Thought & Humor

Monday, July 02, 2007

Buy Uranium!

I ran across a chart on the commodities page that looked like something from the dot-com era. A close look showed it was uranium (!) Prices of all sorts of commodities have been going up dramatically, many tied to the price of oil (surprisingly, we are told this is not raising inflation -- but that is another story). But the Big U has really been on a run. Up 45% in the last three months alone and up a staggering 12x in the last three years: Uranium May Reach $200 in Two Years, Macquarie Says

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