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Uranium shares potential

Discussion in 'Other Asset Classes' started by Tekoz, 22nd Sep, 2015.

?

Which one do you choose for long term investment

  1. Uranium Ore

    33.3%
  2. Precious metals (Gold, Silver, Platinum)

    0 vote(s)
    0.0%
  3. Australian Property (all states, commercial or residential)

    66.7%
  1. Tekoz

    Tekoz Well-Known Member

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    People,

    By following Warren Buffet's principle Be fearful when others are greedy, and be greedy when others are fearful.

    What do you think about Uranium Ore stock/shares ?

    I've seen the price of the Uranium ore it is decreasing gradually, so I wonder if it is the good time to buy it now for another long term investment resource ? at least until Sydney price is dropped to the bottom through after 2019.

    Note, the attached article is the premium resource that I share with you after joining membership of stock investment website. So it is worth AUD$99 per document.

    Any thoughts and comments would be greatly appreciated.
     

    Attached Files:

  2. Heinz57

    Heinz57 Well-Known Member

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    Cozy
    What do you think?
     
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  3. wombat777

    wombat777 Well-Known Member Premium Member

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    33°41'24.7"S 150°55'34.3"E
  4. Tekoz

    Tekoz Well-Known Member

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    Well, this is nothing OTP because it is not a property guys.
     
  5. kamchatsky

    kamchatsky Well-Known Member

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    How about just buying Uranium Ore? It would probably make your house glow ....
     
  6. spludgey

    spludgey Well-Known Member

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    Germany is shutting down all nuclear power plants in the foreseeable future and in Japan it has been an issue since Fukushima as well.
    Plus the power plant that they're building in the UK is at least a decade behind schedule and are more than four times as expensive as renewables per GWh. So why would anyone build a nuclear power plant over a wind farm unless you have ulterior motives?

    Terrible long term investment in my opinion.

    Edit: Plus, if you wait 700 million years, half of your investment just vanishes!
     
    Tekoz likes this.
  7. Tekoz

    Tekoz Well-Known Member

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    Cool, thanks @spludgey I'll look for a different asset to invest then.
     
  8. DanW

    DanW Well-Known Member

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  9. radson

    radson Well-Known Member

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    Look at Agricultural commodities such as Wheat and Corn, they have been smashed the last couple of years. Also I believe the current underinvestment in oil will have future consequences with regards to the price of oil.
     
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  10. willair

    willair Well-Known Member Premium Member

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    Thanks for the link..
    [​IMG]
     
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  11. Fargo

    Fargo Well-Known Member

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    Wheat and corn have been at record highs for the last 10 years, prices have fallen in the last few months as good prices have stimulated record production. I was selling H2 last Dec@$300 a tonne and GP was $ 280 on site, only a few months ago. It is seldom better than that. Over investment in oil has caused the current price slump in oil, wells are being shut down. They can be turned on if prices rise enough. http://www.tradingeconomics.com/commodity/wheat
     
  12. radson

    radson Well-Known Member

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    @Fargo It's an absolute fallacy that oil well can just be turned on like some kind of tap. Also looking at the link, wheat prices are at under half the price of record highs.
     
  13. Tekoz

    Tekoz Well-Known Member

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    @Fargo & @radson

    Can we say that usually during winter in December or Holiday season, the Oil/Gas consumption is rising in US & Europe ?

    Therefore the price can be higher at those months ? ... cmiiw, this is just based on my logic.
     
  14. spludgey

    spludgey Well-Known Member

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    Wheat is also used for straw and the chaff for feed. However if you no longer needed the grain, there would would be little point in continuing to grow it.