The uranium spot price is coming off a low after a big correction. But as we’ve covered in Diggers and Drillers, the demand for nuclear fuel from global utilities is on the rise. Australia – with over 30% of the world’s proven uranium reserves – is in the pole position (side by side with Kazakhstan, arguably) to provide the world with what it needs.
July 21st, 2009 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "OZ Minerals"
Government Preparing Another Stimulus
So what gives, why is there a huge difference between the seasonally adjusted figures and the original data series? If you look just at the original data series you’ll see that retail turnover has declined 32.1% in original terms from $24.7 billion in December of 2008 to $16.6 billion in February of 2009.That would be headline news!
April 2nd, 2009 | Dan Denning | 6 comments | Continued
U.S. Stocks Concentrate on Present Bond Market Data
Maybe investors were relieved that the auction of US$24 billion in seven-year notes went off without a hitch. It’s always good to know your creditors haven’t cut you off yet-especially when you need to borrow another $2 trillion. It’s no wonder the Dow rallied 174 points and the NASDAQ climbed into positive territory for the year.
March 27th, 2009 | Dan Denning | 2 comments | Continued
