The price of uranium (POU) hit a 9-year low of 28 dollars per pound at the auction a couple of days ago. This down from the high of 138 dollars per pound back in '07. While this is bad news for NPSP, note that POU seems to rise faster than it falls, and that worldwide plans for additional nuclear facilicites are not being undone. Indeed, some of my reading is warning of a coming shortage of uranium.

I think the price decline is more reflective of global economic uncertainty than anything else, but who can really know?