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Old 08-05-2010, 02:53 AM
Sparty Sparty is offline
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Default Australian Uranium plays picking up ? China induced

We seem to be seeing a resurgence in the Australian Uranium share index.

I wonder if this is due to currency issues with the USD about to fall markedly hence a shift to commodities or if it is due to renewed interest in uranium supplies. Supporting the latter is the new link between PDN and Chinese interests....



Interestingly the Global Uranium Fund (GURAF) isn't looking very strong.

I wonder if the shift in the chart is more due to the USD outlook

Nonetheless I have begun moving money back into the uranium sector.

If you'd like to know about Australian Uranium please visit http://www.australianuranium.com.au
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