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Jan 25, 2011 5 min

Uranium on the Radar for 2011

from Market Watch Hosted by BFM Media

New York based Blue Phoenix Inc Chief Commodity Strategist John J. Licata thinks it's not too late for investors to get in on the commodities bull run. He'd buy coal and crude oil on dips. Crude oil to reach triple digits by middle of this summer. Uranium is interesting as prices have increased from $40 to nearly $70 in a couple of months, noting the need for clean energy worldwide which could lead to a new round of interest. He's bullish on energy prices and natural gas prices; the latter due to recent run up due to cold weather in northeast US. Technically gold still has downside, but long term bull. Gold could be one of the most compelling stories over the next couple of the years.

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This episode was published on January 25, 2011.

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