Customer Reviews

Investment University's Profit from Uranium

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The authors are using this as a marketing tool for their pay services. The booklet sounds like it is filled with facts, but there is no contextual information and no apples-to-apples comparisons. Basically it's a bunch of hot air and no substance as anyone with basic analytical ability will immediately understand.

This skimpy little booklet (for it scarcely dignifies the term book) has all the ambience of a pump and dump scheme. Whether you support nuclear power or not is irrelevant. The text goes over various mining companies with operations in Australia. With the emphasis being on those owning uranium mines. Far enough, to some extent.

But some statements are pure garbage. They refer to Australia's foreign debt in 2006, of $US22 billion, with alleged "crushing effects on its economy and currency [that] are starting to show". Well this is 2 years later. Guess what? Australia's export driven mining boom continues unabated. The debt is negligible compared to Australia's GDP. Simply put, Australia does not need to export uranium to China to pay off that debt. Its exports of coking coal, iron ore and alumina are more than sufficient to keep its economy humming.

In today's turbulent markets, anyone who is looking past Uranium as one key component in a balanced portfolio will most likely regret it. This little book is a quick read, but it offers an excellent overview of world Uranium markets, with solid recommendations about where one should invest right now. Beyond Uranium, this book's opening section details "12 Timeless Rules for Investing", while its final section offers sound advice and specific techniques for becoming a successful investor. Good stuff all!