Brandon Munro: The Uranium Bull Market Has Only Just Started

To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com Brandon reminisces about the last uranium market and how much of it was focused around Australia. Paladin was an incredible ride in 2005 when it moved from four cents to two dollars. Today we are in a very low price environment, and recent price changes are all pretty much irrelevant as they remain below the cost of production. The ongoing section 232 trade investigation into uranium has suppressed and paralyzed regular market activity. Supply continues to contract while demand for uranium is slowly increasing; he is confident that we are entering the next bull market. Time Stamp References: 0:45 - Brandon recalls the last uranium bull market. 2:30 - Similarities between this market and the last. 4:15 - Why price doesn't really matter at this level. 7:10 - Overcoming the thirty dollar price barrier. 9:00 - Effects of Fukushima on pricing and supply. 13:00 - Uranium supply deficit increasing. 15:00 - Possible risks in the uranium market. 17:30 - China's needs for nuclear. 19:30 - Uranium and why it's an opportunity now. 20:00 - Section 232 and US production of uranium.