The case of the Explosive growth of prices in the Uranium - and ETF best play

The breakthrough in the uranium - and the miners of uranium - continues, as the Global X Uranium ETF URA powers out new heights: is a bull market all over the place in "the other yellow metal." (Source: StockCharts.com)URA was a new kid on the scene at the time - but seemed to be a reasonable proxy for playing this market radioactive bull:

URA begins just trade in early November, we have a limited sample of historical results. But until now, the ETF has trended in tandem with the uranium spot price, as planned. With its unreasonable 0.69% management fee, I can see no casual why it should not serve as a reasonable proxy for the action of the price of stocks of uranium in the broad sense.

And Miss good old Cameco - which is an important part of URA - movement too, to a maximum of three years.Multi-year highs in energy should be purchased, always and everywhere.  Then, I expect to pick up a few URA for my portfolio later this week.

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