To Invest in Swedens Uranium Exploration or Not?

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There is a compelling political development in Sweden you should know about. The outcome could very well impact the worlds anti-nuclear movement and open the doors to a wave of more aggressive nuclear energy build up. Sweden has long been a bellwether for social progress and change. Shortly after Three Mile Island, the Swedes held a referendum on expanding nuclear energy in their country. Sweden voted it down. But, political climates change. What happens in Sweden could help change attitudes toward nuclear energy in Australia, Germany and elsewhere.

A countrys election can have a widespread ripple effect on an industry. Swedens four-party opposition bloc, known as the Alliance, is challenging the Social Democrat-led government for control of the Riksdag, the countrys parliament. One of the Alliances main objectives is to cut the countrys property tax, and eventually remove it. Each year, Swedes must pay a tax equivalent to one percent of a single family homes tax value. The other item on the Alliances agenda is moving forward with the countrys nuclear energy policy.

Exactly two months from now, on September 17th, we predict Swedish voters will choose the...

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