Ride The Uranium Power Trend Higher, Says Goldman Sachs

There is one magical component in the world that has a rather odd duplicity. Uranium is simultaneously used for power enhancement but to two different outcomes. In one sense uranium is used to generate electricity while eliminating short term air pollution that can be a pesky problem. The other use is in nuclear weapons. Both appear to be in an uptrend.

Uranium price target nearly 20 percent higher

Calling Uranium “the clean, affordable alternative fuel of the future,” the authors of a Goldman Sachs Global Metals and Mining report appear stimulated by the demand potential for an ecological extract that advances power.  Noting a 12-month price expectation to hit $45 per pound, up from near $36 currently, the Goldman Sachs report...