China's amazing run of growth stands to explode the rapidly charging uranium market even more than the prolific gains in oil over the last few years.
A few savvy investors made truckloads of money when the Chinese demand to expand caused worldwide supply gaps in everything from oil and natural gas to concrete and Cuisinarts. A few other examples:
- China's insatiable demand for steel caused prices to double, and savvy investors made 553% on international Mittal Steel Company in just 13 months…
- China's copper requirements pushed Phelps-Dodge, the world's largest miner, up 253% in 16 months…
- China needed coal, and those who got ahead of the soaring demand made 268% on Fording Canadian Coal…
- China demanded aluminum to supply its soaring appliance and auto factories - and Empire Resources lit up 1,257%…
The Chinese boom hit the commodity market like an H-bomb, and yet the People's Republic recently committed $50 billion to build more than 30 new reactors. The project means China will enjoy 11% of the world's nuclear energy capacity - a 360% increase.
It will turn rather upburptly. And today is turning out to be a rather interesting day on the market now isit?
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