Is a Uranium ETF Next?

May 11, 2007 at 7:33 am by Tom Lydon      Bookmark and Share

Uranium Now that there’s a uranium futures contract, the question is, when will we see a uranium exchange traded fund (ETF)?  Richard Kang of The Beta Brief reports the price of uranium has doubled every year for the past several years and even had a 33% rise in recent months.  As the new futures contracts develop there is high probability an ETF provider is considering a uranium ETF.

Share this post:
  • email
  • Yahoo! Buzz
  • Digg
  • del.icio.us
  • Tipd
  • Reddit
  • StumbleUpon
  • Facebook
  • Technorati
  • Google Bookmarks
  • TwitThis

Tags:

New Ways to Add ETFs to Your 401k Plan
Dividend ETFs Pay Out

Find more articles in the Archives...

Subscribe to Our Daily E-mail Newsletter

Enter your e-mail address below to sign up for our daily e-mail newsletter, the Daily Market Update. We will never share your e-mail address with third parties.

Subscribe to Our RSS Feed

Click here to subscribe to our RSS feed

  • Hello,

    But an Uranium ETF already exists ! You'll find it on the Toronto Stock Exchange.

    Symbol : U.TSX (Uranium Participation Corp)

    Beware, it's in Canadian dollars.

    Just have an glance at this page for details :

    http://finance.google.com/finance?q=TSE%3AU

    In a recent edition, The Financial Times wrote about UxConsulting and Nymex uranium futures, talking about TWO uranium ETFs.

    But I've never heard about the second one. Is you have any clue...

    Emmanuel
  • Tom Lydon
    Thanks Emmanuel for your comment. There will probably be some demand domestically for a uranium ETF as metal demand continues to remain high.
  • BTW, here is the second "ETF". In fact not really an ETF, like UPC, but a company which invests all its assets in physical uranium.

    Nufcor Uranium, London-listed, AIM : NU.L, Isin : GB00B16L0B41. Currency : GBP.

    http://finance.google.com/finance?q=NU.l&hl;=en

    UPC was launched in 2005, Nufcor Uranium in 2006.

    Who'se next ???
  • bob talbert
    United States Enrichment corp (symbol USU) tends to follow uranium prices, but at an accelerated rate. It's had a HUGE runup in the past three months (over 60%!!!). It is a US government granted monopoly. No one else in the US can enrich, and ALL us nuclear utilities MUST buy USEC enriched uranium, by law. If you own a nuke plant, you only have one supplier of enriched uranium. There's no competition (again, by federal law). There's an indentured hundred customers who have no choice.

    How 'Bout Dat!!! Invest in a monopoly established by the US Govt. How can one get a better deal than that?
blog comments powered by Disqus
Special Report

Recent TV Appearances

Now Available:

The ETF Trend
Following Playbook

ETF Trends' new book is now available. Click here for details. Or order online from one of these bookstores:
Amazon        Barnes and Noble


Featured

Popular Posts

Tag Cloud

Forum Latest Discussions

Recent Podcasts

iMoney

ETF Trends' book iMoney is available. Click here for details. Or order online from one of these bookstores:
Amazon        Amazon

Categories

Monthly Archives