Foreign inquire May Jeopardize Uranium contribute for U.S. Utilities

We discussed with the Ux Consulting president from which countries time to come uranium supplies may come, and who is going after those supplies more aggressively. He warns about the risks and rewards of Kazakhstan and Mongolia, looks to Africa for supplies, and talks about Russia's expansion.

StockInterview: How do domestic uranium prospects rate in the eyes of U.S. And foreign utilities?

South Kyrgyzstan

Jeff Combs:
I don't think that utilities expect the U.S. To be a major supplier of uranium. What you're finding with China and other countries, where nuclear power is growing, is that they're absolutely finding to acquire supplies. The Chinese are going to Kazakhstan and also Australia, where there are a lot of uranium reserves, a lot of inherent for growth. I think there's some inherent for increase in the U.S. But if you had a fast growing nuclear power program, I don't think the U.S. Is the first place I'd look. I believe that you can look for some opportunities in the U.S. But in general, the U.S. Utilities are basically in competition with some of these newer entrants into the shop for ready supplies. Those are primarily surface of the U.S., as U.S. Utilities also depend on imports for most of their supplies.

StockInterview: It appears many countries are racing to acquire uranium supplies surface their borders.

Jeff Combs:
Even Russia, which was a major exporter of uranium in the 1990s, is finding to acquire supplementary supply sources, first to Kazakhstan, Kyrgyzstan, and Uzbekistan, former republics of the of Soviet Union, but also to Africa. Russia has an very ambitious reactor expansion program, as well as a desire to greatly increase its exports of reactors to countries like China and India. As it stands now, most of the increase in nuclear power is startling to take place in China, India, Russia, as well as Korea and Japan to a certain extent. All these countries are as a matter of fact finding surface their borders for uranium supplies that are going to support them for quite a long duration in the future. None of them are blessed with very rich and whole uranium deposits.

StockInterview: Is Russian President Vladimir Putin trying to generate something on the order of a Wal-Mart Super center for the nuclear fuel cycle?

Jeff Combs:
Well, you see them doing a joint venture in Kazakhstan. They're trying to do something with Kyrgyzstan. They're absolutely finding at how they can shore up their supply through imports, in increasing to investing a billion dollars in their own internal production. In this respect, they are trying to draw from their old supply chain arrangements. This is to meet their internal needs, as well as the needs of countries to which they have traditionally supplied reactors and the fuel to run these reactors. As Russia looks to progress its reactor sales to countries that don't have established fuel cycles, they want to be able to supply them with fuel - perhaps even lease them the fuel. This means that they have to be prepared to take back the spent fuel. This is due at least in some part to nonproliferation concerns, in that you don't want these new entrants building enrichment or reprocessing plants. While Russia has enrichment capacity and the capability to progress this capacity, they also need uranium to be able to supply these countries with enriched uranium. This is why they're currently focusing on the uranium side of the equation.

StockInterview: Let's talk about some of the target countries, where those with the more ambitious nuclear vigor programs will want to acquire uranium.

Jeff Combs:
We have recently done a series of reports, finding at countries where major output is taking place, or could take place. Of policy we've done them on Canada, Australia, Namibia, South Africa, Kazakhstan, and Uzbekistan. I think the next country might be Mongolia because of the exploration and amelioration activity that is taking place there. Mongolia's mining laws are very suitable to foreign companies. Mongolia is also located in that part of the world where the bulk of nuclear power expansion is taking place. The question in Mongolia now is the lack of infrastructure - the location of the exploration sites relative to roads and rail lines, and the capability to associate to the electricity grid and water lines.

StockInterview: There has been so much press and chatter about Kazakhstan. Is there substance in these commentaries, or is it mainly hype?

Jeff Combs:
They've got a lot of uranium resources and reserves. They've also got a commitment to increasing output there and a pretty big customer in China. The hype might be related more as to whether they can do it as speedily as they say, as opposed to whether they can finally get to the levels they're talking about. One of the things that will slow them down is the infrastructure, along with the skilled work force, needed to progress at that rate. They have increased production. They absolutely will continue to increase production, but perhaps not at the rates they are advertising. They've produced a lot in the past, in the old Soviet Union days. I think they can get back up to those output levels, but it's going to take some time.

StockInterview: What will be required to get things going in Kazakhstan?

Jeff Combs:
It appears they've been able to attract capital. A large part of it is just the time is takes to build the infrastructure, along with training workers. You can have all of the venture in the world, but it still takes time to get things done, especially if the infrastructure isn't well industrialized in the first place. If you look at Kazakhstan on the map, it is very close or adjacent to Russia, China, and India, where the major part of nuclear increase is occurring. I don't think there will be any shortage of demand for their output.

StockInterview: Where does Japan fit into the current uranium bull market?

Jeff Combs:
Japan is absolutely a factor in the market. Their increase might not be as rapid as it once was, or once was startling to be. With Japan you have a country that does not as a matter of fact have any indigenous uranium resources to speak of. They as a matter of fact need to import uranium. To facilitate this and to acquire time to come supplies, Japan has historically industrialized distinct supply relationships colse to the world, both by taking positions in uranium mines and by nurturing long-term relationships with producers. I think that it's likely the case that this new price rise caught them somewhat off guard, but recently Japanese utilities have put more effort into shoring up their supply options.

StockInterview: There are countries, which get itsybitsy media coverage, such as Namibia. How does this country rate?

Jeff Combs:
I think Namibia will absolutely have an foremost role in supplying uranium. I don't think it's going to have the expansion inherent of Canada, Australia, or Kazakhstan, but I think South Africa, Niger and Namibia are going to be an foremost component for uranium supply in the future.

StockInterview: You mentioned Niger, which was the world's third largest uranium producer, and has now fallen to number four, behind Kazakhstan.

Jeff Combs:
The funny thing about Niger is that in a way it's sort of fallen off the radar screen. It produces, but it just doesn't get the press as other places. If the price increases, it as a matter of fact changes how people look at all these distinct projects going transmit and a lot of things, which might not have been looked at 20 years ago or so, are being reinvestigated. Obviously, there is uranium in Niger. It's quite foremost to the economy there. As I said, they haven't as a matter of fact been on the radar screen as much as a lot of other regions in the world. perhaps this is because output there has been controlled by the French for a long time. There are some Canadian companies exploring in Niger now. Since this activity is fairly recent, it won't likely bear any fruit for five to ten years down the road.

StockInterview: Do you foresee realistic nuclear vigor expansion in other parts of the world, such as the Middle East?

Jeff Combs:
Frankly, I haven't focused on that very much. I know that Turkey is finding to do something. At some point, I think you would see more nuclear power in the Middle East just because the oil supplies aren't going to last indefinitely. We do a headline news service, and it's packed full of stories on distinct countries that are finding at nuclear power. It seems like there is a new country added to the list every day. I know, for instance, that Vietnam is finding pretty seriously at nuclear power. It would not be surprising there would be interest in the Middle East. There is a lot of focus on the problems related with Iran. Overall, I'm a believer that if you have more nuclear power, then you're going to have fewer problems with vigor and more economic development, higher standards of living, and that's going to be a big certain that will outweigh the negatives in situations like Iran.

StockInterview: Speaking of Iran, what is Washington's sentiment toward nuclear energy, aside from the Bush Administration's endorsement?

Jeff Combs:
I think there is a growing recognition, even among Democrats, that you need nuclear power as part of the vigor mix. You're not going to get there just by renewable vigor sources. With the environmental and whole vigor challenges we're facing now, with higher and higher natural gas and oil prices. From the U.S. Standpoint the vulnerability with respect to acquire vigor supplies, I think there is a growing recognition that nuclear power is part of the solution, and this mental extends surface of the Bush administration. I've talked to people, and they believe that even if a Democratic management came in that you as a matter of fact wouldn't necessarily put a damper on nuclear power.

StockInterview: What about the Hillary Clinton Factor, if she becomes the next U.S. President?

Jeff Combs:
I haven't as a matter of fact asked her for her views on nuclear power recently. I think the story for nuclear power is not so much what happens in the United States, which as a matter of fact could add more reactors. The rest of the world probably looks to what the U.S. Does to a certain extent. I think the real increase in nuclear power, and what's likely to drive the shop in the future, is on the part of the developing countries in the eastern part of the world. These would be China, India, Korea and Russia, where economies are growing a lot more quickly, not the as a matter of fact mature economies like in the U.S. And Europe. Although I would expect to see some increase there as well. In this respect, having a Democratic president would not derail what's happening in nuclear power or the uranium market. As mentioned earlier, I think that you see a more normal acceptance of nuclear power over party lines, in Europe as well as the U.S., although there are still some factions that are virulently anti-nuclear.

Copyright © 2007 by StockInterview, Inc. All ownership Reserved.

Foreign inquire May Jeopardize Uranium contribute for U.S. Utilities

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Foreign demand May Jeopardize Uranium furnish for U.S. Utilities

We discussed with the Ux Consulting president from which countries time to come uranium supplies may come, and who is going after those supplies more aggressively. He warns about the risks and rewards of Kazakhstan and Mongolia, looks to Africa for supplies, and talks about Russia's expansion.

StockInterview: How do domestic uranium prospects rate in the eyes of U.S. And foreign utilities?

South Kyrgyzstan

Jeff Combs:
I don't think that utilities expect the U.S. To be a major victualer of uranium. What you're finding with China and other countries, where nuclear power is growing, is that they're right on finding to procure supplies. The Chinese are going to Kazakhstan and also Australia, where there are a lot of uranium reserves, a lot of inherent for growth. I think there's some inherent for increase in the U.S. But if you had a fast growing nuclear power program, I don't think the U.S. Is the first place I'd look. I believe that you can look for some opportunities in the U.S. But in general, the U.S. Utilities are basically in competition with some of these newer entrants into the shop for available supplies. Those are primarily surface of the U.S., as U.S. Utilities also depend on imports for most of their supplies.

StockInterview: It appears many countries are racing to procure uranium supplies surface their borders.

Jeff Combs:
Even Russia, which was a major exporter of uranium in the 1990s, is finding to procure added provide sources, first to Kazakhstan, Kyrgyzstan, and Uzbekistan, previous republics of the of Soviet Union, but also to Africa. Russia has an very ambitious reactor expansion program, as well as a desire to greatly increase its exports of reactors to countries like China and India. As it stands now, most of the increase in nuclear power is startling to take place in China, India, Russia, as well as Korea and Japan to a safe bet extent. All these countries are precisely finding surface their borders for uranium supplies that are going to preserve them for quite a long period in the future. None of them are blessed with very rich and broad uranium deposits.

StockInterview: Is Russian President Vladimir Putin trying to generate something on the order of a Wal-Mart Super center for the nuclear fuel cycle?

Jeff Combs:
Well, you see them doing a joint investment in Kazakhstan. They're trying to do something with Kyrgyzstan. They're right on finding at how they can shore up their provide through imports, in increasing to investing a billion dollars in their own internal production. In this respect, they are trying to draw from their old provide chain arrangements. This is to meet their internal needs, as well as the needs of countries to which they have traditionally supplied reactors and the fuel to run these reactors. As Russia looks to advance its reactor sales to countries that don't have established fuel cycles, they want to be able to provide them with fuel - maybe even lease them the fuel. This means that they have to be prepared to take back the spent fuel. This is due at least in some quantum to nonproliferation concerns, in that you don't want these new entrants construction enrichment or reprocessing plants. While Russia has enrichment capacity and the potential to advance this capacity, they also need uranium to be able to provide these countries with enriched uranium. This is why they're currently focusing on the uranium side of the equation.

StockInterview: Let's talk about some of the target countries, where those with the more ambitious nuclear power programs will want to procure uranium.

Jeff Combs:
We have recently done a series of reports, finding at countries where major output is taking place, or could take place. Of course we've done them on Canada, Australia, Namibia, South Africa, Kazakhstan, and Uzbekistan. I think the next country might be Mongolia because of the exploration and amelioration operation that is taking place there. Mongolia's mining laws are very convenient to foreign companies. Mongolia is also settled in that part of the world where the bulk of nuclear power expansion is taking place. The qoute in Mongolia now is the lack of infrastructure - the location of the exploration sites relative to roads and rail lines, and the potential to associate to the electricity grid and water lines.

StockInterview: There has been so much press and chatter about Kazakhstan. Is there substance in these commentaries, or is it in general hype?

Jeff Combs:
They've got a lot of uranium resources and reserves. They've also got a commitment to increasing output there and a pretty big customer in China. The hype might be associated more as to either they can do it as quickly as they say, as opposed to either they can ultimately get to the levels they're talking about. One of the things that will slow them down is the infrastructure, including the skilled work force, needed to advance at that rate. They have increased production. They right on will continue to increase production, but maybe not at the rates they are advertising. They've produced a lot in the past, in the old Soviet Union days. I think they can get back up to those output levels, but it's going to take some time.

StockInterview: What will be required to get things going in Kazakhstan?

Jeff Combs:
It appears they've been able to attract capital. A large part of it is just the time is takes to build the infrastructure, including training workers. You can have all of the investment in the world, but it still takes time to get things done, especially if the infrastructure isn't well advanced in the first place. If you look at Kazakhstan on the map, it is very close or adjacent to Russia, China, and India, where the major part of nuclear increase is occurring. I don't think there will be any shortage of examine for their output.

StockInterview: Where does Japan fit into the current uranium bull market?

Jeff Combs:
Japan is right on a factor in the market. Their increase might not be as rapid as it once was, or once was startling to be. With Japan you have a country that does not precisely have any indigenous uranium resources to speak of. They precisely need to import uranium. To facilitate this and to procure time to come supplies, Japan has historically advanced dissimilar provide relationships around the world, both by taking positions in uranium mines and by nurturing long-term relationships with producers. I think that it's likely the case that this new price rise caught them somewhat off guard, but recently Japanese utilities have put more effort into shoring up their provide options.

StockInterview: There are countries, which get exiguous media coverage, such as Namibia. How does this country rate?

Jeff Combs:
I think Namibia will right on have an important role in supplying uranium. I don't think it's going to have the expansion inherent of Canada, Australia, or Kazakhstan, but I think South Africa, Niger and Namibia are going to be an important component for uranium provide in the future.

StockInterview: You mentioned Niger, which was the world's third largest uranium producer, and has now fallen to amount four, behind Kazakhstan.

Jeff Combs:
The funny thing about Niger is that in a way it's sort of fallen off the radar screen. It produces, but it just doesn't get the press as other places. If the price increases, it precisely changes how people look at all these dissimilar projects going transmit and a lot of things, which might not have been looked at 20 years ago or so, are being reinvestigated. Obviously, there is uranium in Niger. It's quite important to the economy there. As I said, they haven't precisely been on the radar screen as much as a lot of other regions in the world. maybe this is because output there has been controlled by the French for a long time. There are some Canadian associates exploring in Niger now. Since this operation is fairly recent, it won't likely bear any fruit for five to ten years down the road.

StockInterview: Do you foresee realistic nuclear power expansion in other parts of the world, such as the Middle East?

Jeff Combs:
Frankly, I haven't focused on that very much. I know that Turkey is finding to do something. At some point, I think you would see more nuclear power in the Middle East just because the oil supplies aren't going to last indefinitely. We do a headline news service, and it's packed full of stories on dissimilar countries that are finding at nuclear power. It seems like there is a new country added to the list every day. I know, for instance, that Vietnam is finding pretty seriously at nuclear power. It would not be surprising there would be interest in the Middle East. There is a lot of focus on the problems associated with Iran. Overall, I'm a believer that if you have more nuclear power, then you're going to have fewer problems with power and more economic development, higher standards of living, and that's going to be a big safe bet that will outweigh the negatives in situations like Iran.

StockInterview: Speaking of Iran, what is Washington's sentiment toward nuclear energy, aside from the Bush Administration's endorsement?

Jeff Combs:
I think there is a growing recognition, even among Democrats, that you need nuclear power as part of the power mix. You're not going to get there just by renewable power sources. With the environmental and broad power challenges we're facing now, with higher and higher natural gas and oil prices. From the U.S. Standpoint the vulnerability with respect to procure power supplies, I think there is a growing recognition that nuclear power is part of the solution, and this mental extends surface of the Bush administration. I've talked to people, and they believe that even if a Democratic administration came in that you precisely wouldn't necessarily put a damper on nuclear power.

StockInterview: What about the Hillary Clinton Factor, if she becomes the next U.S. President?

Jeff Combs:
I haven't precisely asked her for her views on nuclear power recently. I think the story for nuclear power is not so much what happens in the United States, which precisely could add more reactors. The rest of the world probably looks to what the U.S. Does to a safe bet extent. I think the real increase in nuclear power, and what's likely to drive the shop in the future, is on the part of the developing countries in the eastern part of the world. These would be China, India, Korea and Russia, where economies are growing a lot more quickly, not the precisely mature economies like in the U.S. And Europe. Although I would expect to see some increase there as well. In this respect, having a Democratic president would not derail what's happening in nuclear power or the uranium market. As mentioned earlier, I think that you see a more normal acceptance of nuclear power over party lines, in Europe as well as the U.S., although there are still some factions that are virulently anti-nuclear.

Copyright © 2007 by StockInterview, Inc. All proprietary Reserved.

Foreign demand May Jeopardize Uranium furnish for U.S. Utilities

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Iranian Oil Bourse Could Accelerate Uranium Price Rise

In mid January, we warned that you might wish to "circle the date March 20, 2006" on your calendars in red. (This past week, June Crude Oil futures hit all-time highs!) That is when Iran, the world's fourth biggest exporter of crude oil, planned to reportedly kick off their new oil exchange, competitive with both London's Ipe and New York's Nymex, both of which are owned by U.S. Corporations. They also planned to be invoicing oil trades in euros not dollars. Petrol for euros is an echo of the 1970s petrodollars, but this time it would be petro-euros. Depending on the trading volume for Iran's proposed oil exchange, this oil exchange might begin to spell serious problem for the entire U.S. Financial system. Iran's oil and natural gas assets are estimated to be worth about trillion.

Some of the pretty 'out there' reports have began circulating, throughout 2005, about how it's the "end of the world as we know it." A few of the more serious reports recommend the current Iranian uranium enrichment dispute may be a prelude to an invasion of Iran, either by Israel or the U.S. Top U.S. Politicians are not ruling out a military strike against Iran. Both Iran's economy Minister, Davoud Danesh-Jafari, and Iran's current president, Mahmoud Ahmadinejad, have both taunted the U.S. And others about uranium enrichment.

South Kyrgyzstan

With man as irascible and impetuous at Iran's helm, as is the current president, , quite any of his wild notions could speedily become a shocking reality. For example, a few months ago, the Iranian president referred to the Jewish holocaust during Ww Ii as a myth, setting off a global condemnation. Shortly thereafter, Iran announced it was convening a scientific conference to value any evidence supporting the mythical holocaust. Unfortunately, all of this Iranian drama may just be Act One with two or three more to follow. What happens if Iran's brash actions move the world's maintain currency from dollars to euros?

The road from dollar to euro may just be another transitory move. As the gold standard fell to the oil standard, the U.S. Dollar began replacing gold in the 1970s as the "world's maintain currency." For the past thirty years, it's been earth's most sought-after currency, as any seasoned tourist knows. And as travelers have come to realize, the dollar's dominance has weakened over the past few years. Today, the euro is more desirable in many countries where the dollar was once King. As late as a few years ago, Canadians joked about their one-dollar Loonie as the Canadian peso. Not true today. More than a few experts believe the C$ will someday soon trade on par with the Usd. Iran's kick off of their Oil Bourse may be the proverbial straw that breaks the camel's back. What they may now lack, an oil ticket found on New York's Mercantile exchange and London's International Petroleum exchange (Ipe), such as West Texas Intermediate, Norway Brent, or Uae Dubai. William Clark, author of Petrodollar Warfare (New community Publishers, 2005), argued Iran's new oil exchange would "usher in a fourth crude oil marker."

If invoicing oil in euros gains momentum, what's to stop other commodities, such as gold or natural gas, from being priced in euros? If the dollar continues its long-term decline, plunging below its late 2004 nadir, then how minuscule confidence will resource-rich countries have in the fiat dollar? At least one serious specialist believes it might make perfectly good sense to price a estimate of these commodities in Canadian or Australian dollars instead of U.S. Dollars.

We talked to Wyoming legislator, former International Atomic energy division consultant and president of Strathmore Minerals (Tsx: Stm; Other Otc: Sthjf) David Miller believes, "A switch out of U.S. Dollars would just accelerate the current rise in the price of uranium in terms of U.S. Dollars for American utilities, the world's largest consumers of uranium." What if Cameco (Nyse: Ccj) decided to price uranium in Canadian dollars? "Cameco's long-term contracts are coming up for renewals," explained Miller. "It might make economic sense for Cameco to sell uranium in Canadian dollars, and it's something they should consider. If the dollar falls hard, it would decrease Cameco's earnings stream if prices and contracts remain in U.S. Dollars." Miller added, "A lower U.S. Dollar would also make U.S.-produced uranium more attractively priced." A uranium price, which has soared by more than 500 percent, has yet to seriously shake up the mindset of U.S. Utilities, even in the context of a rapidly growing uranium contribute deficit.

Another worry might now be registering on their radar screens: uranium imports from three of the world largest uranium producers may not be available later this decade. Russia's hints at expanding their nuclear manufactures by about 300 percent, as reported by the Moscow Times in an report entitled "Putin Revives Nuclear Alliance" on January 13th, could impact the current contribute of uranium to U.S. Utilities from Kazakhstan. According to the U.S. energy information Administration, Kazakhstan supplied more than 4 million pounds of uranium to U.S. Utilities in 2004, nearly 10 percent of all foreign uranium purchased.

If Russia's nuclear alliance materializes with Kazakhstan and also includes Uzbekistan, U.S. Utilities might lose entrance to about 8 million pounds of uranium annually. Domestically, the U.S. Uranium mining manufactures only supplied 10.2 million pounds to owners of U.S. Civilian nuclear power reactors in 2003. Neither Kyrgyzstan nor the Ukraine reported their uranium contribute statistics for 2004, but they would reportedly be part of Russian's new alliance. A year ago, Russian announced a deal to contribute Iran with enriched uranium at the 0-million Bushehr nuclear facility being constructed in that country. Russia hopes to construct, over time, up to twenty more nuclear power plants in Iran. Uranium consumption alone by Iran to power those nuclear reactors would exhaust Russia's current mining yield of about 30 million pounds annually. One might wonder if that uranium transaction will be based in euros instead of dollars.

How likely would it be that other commodities might be priced in a currency, other than the U.S. Dollar? Austria-based financial analyst Toni Straka, who publishes "The prudent Investor," wondered in his article, entitled "Killing the dollar in Iran," (August 26, 2005; Asia Times) "Could the proposed Iranian oil bourse (Iob) become the catalyst for a significant blow to the influential position the Us dollar enjoys?" Straka recommend in that same article, "A decline of the dollar's position in oil trading might also open the floodgates in other commodity markets where the dollar is the medium of exchange but where the Us has only a minority store share."

A cursory study of diverse articles, focused nearby the Iob, strongly suggest that sometime after March 20th, if Iran does kick off their Oil Bourse, the dollar might find itself sinking below its March 2005 low on a policy taking it below a December 2004 bottom.China's connection with Iran may also be alarming for the U.S. Dollar in the context of a euro invoicing for oil. In 2004, China became Iran's top oil customer with the signing of a 0 billion oil pipeline deal. News reports suggest there may be two or more deals to have Iran export to China over 350 million tons of liquefied natural gas and 150,000 barrels of crude oil per day, over a 25-year period. Invoiced in euros, instead of U.S. Dollars, purchases of that magnitude could generate more than a bit of geopolitical economic friction.

In January, China indicated the country may diversify its foreign exchange reserves, possibly in a controlled diversification process, to preclude a collapse of the U.S. Dollar. Director-General of the study bureau for the People's Bank of China, Tang Xu, recently announced it was "unlikely that China would sacrifice its current dollar assets to growth the proportion of other assets." At the same time, he cautioned no one "is willing to put all of their eggs in one basket." How's that sound for a mixed message? According to the Xinhua news agency, China now holds 8.9 billion in foreign exchange reserves. London's Financial Times estimated, "China is now on policy to gather more than ,000bn (Us trillion) in foreign exchange by the end of this year - a total that would surpass Japan, which had 7bn in reserves at the end of December."

In all likelihood, Japan, South Korea and Taiwan would also sacrifice their U.S. Dollar holdings to consequent China's lead should they aggressively begin selling. Questions worrying many financial analysts revolve nearby the health of the Us Dollar. M-3 is in overdrive. Over the past 6 weeks, over 7.8 billion has been added into the U.S. Economy. In raw and non-seasonally adjusted numbers, that estimate is jumped by more than 3 billion, during the past three months. By using the past quarter as a benchmark, M3 is on a pace to add .2 trillion of stimulation flooding into the economy in a twelve-month period.

Bearish currency speculators argue the current petrodollar ideas unfairly benefits the U.S. And often spin how the U.S. Continues to print greenbacks without exporting commodities or artificial goods, by paying for them with issuance of more dollars and Treasuries. As the conference goes, the U.S. Controls the world oil store through the dollar. An exodus from dollars, possibly even its loss as the world's maintain currency, would of course contribute a turbulent store scenario for oil speculators. That would very likely spill over into other commodity markets. As David Miller has suggested, it could very well accelerate the price rise of spot uranium. Since originally writing this article, spot uranium prices have soared above /pound and show no end to their current rocket ride.

Copyright © 2007 by StockInterview, Inc. All ownership Reserved.

Iranian Oil Bourse Could Accelerate Uranium Price Rise

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