More on the Dangers of Hot ETFs

Look at the price of uranium which had gone parabolic and 10x after a long basing period.

We have included links to the two and fifteen year price charts of uranium below:

http://www.uxc.com/review/uxc_g_2yr-price.html

http://www.uxc.com/review/uxc_g_price.html


Then look at the Van Eck Nuclear ETF. We are not picking on Van Eck, merely showing the facts. As often seen, the ETF began on 8/13/2007, which coincidentally coincides with the peak of a massive blow-off top in uranium prices.

http://www.vaneck.com/index.cfm?cat=3192&cGroup=ETF&tkr=NLR&LN=3_02