After taking two serious hits in a row, the price of uranium at Monday's auction ended flat at 29 dollars per pound, off from around 35 dollars earlier in the year.

"While oversupply is definitely at play when it comes to keeping prices down, another concern is the US government selling its uranium stockpiles to cover expenditures."

http://u3o8.biz/s/MarketCommentary.asp?ReportID=649797&_Type=Market-Commentary&_Title=Uranium-Renaissance-Fact-or-Fiction