| My portfolio consists of a wide variety of stocks and | | | | America, but it is very expensive and typically only |
| commodity ETFs. I would like to add some uranium | | | | the larger investors and corporations are able to do |
| to my portfolio but can't afford the stocks. Is there | | | | more than just dabble in uranium stocks. In 2007 |
| a uranium ETF available, because I'm turning up | | | | uranium futures contracts were offered by NYMEX, |
| nothing in my search. I trade online so I don't have a | | | | but again, these were not available to individual |
| broker per se to consult. So how about it, does a | | | | investors. Uranium ETFs are a much needed |
| uranium exchange traded fund exist? | | | | commodity for individual investors like me. |
| I've only been able to find one option that is not | | | | The nuclear ETF from Market Vector will have to |
| necessarily a uranium ETF, but it's close. There is a | | | | meet our uranium ETF needs for the time being. I'm |
| nuclear ETF (ASE: NLR) managed by Market Vector | | | | not saying that the Market Vector is a bad fund, on |
| that was introduced in August, 2007. The fund is | | | | the contrary. Analysts advise that with the need for |
| based on the DAXglobal Nuclear Energy Index. 38 | | | | coal depreciating, the need for nuclear energy is |
| companies from around the world, including one in the | | | | about to explode, which certainly includes the need |
| United States makes up this index. These are | | | | for uranium. Clean air is much to important for not |
| companies like uranium miners, storage companies, | | | | only America, but around the world, and nuclear is |
| uranium enrichment companies, nuclear plants, fuel | | | | ready to step up. |
| transportation companies, and nuclear energy | | | | Alternative energy sources have been on the |
| equipment provisions providers. | | | | exchange traded fund market for a while now, such |
| Nuclear energy was not well thought of in the past | | | | as solar power, wind power, and even water power |
| since the Chernobyl accident and the Chine | | | | is anticipated. These commodity ETFs are faring |
| Syndrome. The country is starting to warm up to | | | | pretty well, but these energy sources aren't nearly |
| nuclear, however, because of the clean energy it | | | | enough to meet the energy needs of the United |
| produces. With global warming and the concern about | | | | States. Nuclear energy is more than able to do the |
| greenhouse gasses, coal energy is losing ground | | | | job. |
| quickly. | | | | Again, I stress, the Market Vector nuclear ETF is a |
| Other countries, including Canada (the world's largest | | | | good fund and should be looked into. I just want |
| producer of uranium), offer uranium ETFs. The United | | | | more options for my uranium ETF needs. It's time for |
| States will follow in their footsteps before long, | | | | the SPDRs, the Barclays and the Vanguards of the |
| according to analysts' predictions. There is much to | | | | ETF market world to step up and give us some |
| be made in uranium and America won't be left behind. | | | | options. I don't like being limited in my commodity |
| Stock in uranium mining is certainly widely available in | | | | ETF choices. |