Uranium’s meltdown

The nuclear fuel is too hot to handle, and so are shares in uranium companies.

No other metal has burned investors more deeply than uranium. And, in case there are investors who believe the nuclear fuel could soon recover after six-years of decline, think again because uranium’s time in the doghouse is not over.

The “U-problem” is simple. Supply exceeds demand. Demand is not growing as it was once forecast to do, and there is an abundance of mothballed supply.

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