Over the years, Dines successfully forecast the Internet mania, forecasting the giants of the tech boom, and forecasting the tech bust. A gold bug again, Dines also added uranium as the metal to watch over the coming years, saying, This is my way of playing the whole coming energy boom.”
Interviewer: You have been calling a bull market in uranium and, once again, you were the first voice in the now-growing crowd of uranium bulls.
James Dines: What a surprise.
Interviewer: Why are you bullish on uranium?
James Dines: Its very important to get into a bull market early. The earlier, the better. Thats when the biggest percentage gains are made. Thats why we got into the Internets very early. We got stopped out in 2000. We were in cash for a year and then went to metals, as the way to play the China boom in 2001. Were still in those. In 2002, we turned bullish on uranium as a unique way to play the coming boom in the whole energy complex.
Interviewer: But why uranium, as opposed to another type of metal?
James Dines: Basically, the western world demand is outpacing supply by about 300 million pounds a year. Global uranium use,...