The Global X Uranium ETF, which got listed in late 2010, nuked the capital of its early investors by falling from a high of about $135 to $19.71 today.
The demand for clean energy, production, and wastage statistics, and the fact that we, along with Canada, have substantial reserves of uranium are working in the industry’s favor.
I am bullish on the ETF as a long-term investment for patient growth investors. I do much more than just articles at The Lead-Lag Report: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » Searsie/iStock via Getty Images The Global X Uranium ETF ( URA ) nuked the capital of its original investors within a few months after its launch in November 2010. It hit a high of about $135 in March 2011 and then started melting, radioactively, for its early investors. Perhaps […]
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