Uranium Facts For The Natural Resource Investor
Investing in uranium is looking toward the future. With fossil fuels fizzling out, the world needs reliable sources of energy. The price of uranium has moved surpisingly fast over the last year with the scare of oil and natural gas shortages. Also, analysts report a severe uranium shortage over the next ten years. Lets take a look at what uranium is and how it is/will be used. I have always heard "buy what you know", so hopefully you will know a little more about uranium after reading.
Uranium can be found abundantly on the planet. Uranium is formed when stars explode, expelling the heavy element. Uranium-238, the most common form of uranium found on earth has a half life of 4.5 billion years, which explains its large quantity (around 99% of the world