Numbers That Explain Why Uranium Prices Are Headed Higher - Quickly

By Simit Patel:As I noted in my previous article entitled, "6 Ideas for Where the Next Bubble Will Be," I believe uranium prices are ripe to go much higher.

Ian Wyatt submits: Immediately following Japan’s natural catastrophe and subsequent nuclear disaster, I wrote an article titled, "Is Now the Time to Buy Uranium Miners?"

Following the Fukushima nuclear facility disaster in March 2011, uranium miners were quick to rationalize that the fundamentals of their business were unlikely to change and the world still needed more nuclear power. They were wrong, to put it kindly.

By Simit Patel:The Financial Post is reporting that long-term uranium prices have finally begun to rise this week. Here's an excerpt:

By The Energy Report:Uranium prices may be down, but so are supplies. Demand for the heavy metal is rising fast, says Independent Researcher Alka Singh of Mine2Capital. In an exclusive interview with The Energy Report, Singh notes that, with the flow of enriched uranium from Russia drying up, the pressure is on for the mining industry to produce millions more pounds of yellow cake each year.The Energy Report: Alka, how robust is the global supply of uranium fuel?

By Simit Patel:In the energy markets, the month of June offered three major developments:

Simit Patel submits:As the S&P 500 (SPY) has soared past the 1300 level, I thought it would be worth taking a look at where we stand -- and where it may be headed in the near future. Fundamentally, bears will cite the ongoing struggles of the US economy -- namely high debt levels and persistent unemployment.