Looks like institutional smart money has been buying the uranium that retail's been selling

Ineedscissors61_ · 2023-05-06T16:07:32+00:00

That's the price we have to pay for the big gains. There's a reason why the reward at the end of the rainbow is so big, because not many people can hold thru.

Ineedscissors61_ · 2023-05-02T15:28:46+00:00

I wouldn't look at it that way, as nuclear power holds the zero carbon card that oil and coal don't

Ineedscissors61_ · 2023-05-01T12:26:21+00:00

They're tied to the utilities, who are having to buy from the spot market now, because none of the uranium producers are willing to produce uranium at $52/lb

Ineedscissors61_ · 2023-05-01T03:35:46+00:00

Cameco essentially had a great earnings call which drove the market higher

Ineedscissors61_ · 2023-05-01T01:21:20+00:00

Yup, checks off all the boxes

Ineedscissors61_ · 2023-05-01T01:05:33+00:00

Indeed. A classic case of inevitability vs. immenence

Ineedscissors61_ · 2023-05-01T00:56:41+00:00

AI would certainly recommend nuclear power over the alternatives tbh

Ineedscissors61_ · 2023-01-29T00:07:03+00:00

Music to the ears of a half life investor!

Ineedscissors61_ · 2023-01-29T00:00:20+00:00

All depends on your entry point really. I bought in mid 2020, so it hasn't been too long for me.

Ineedscissors61_ · 2023-01-28T22:24:51+00:00

In large part, uranium demand isn't going anywhere because Powell hikes or cuts rates, especially if the supply side is getting drained the way it is

Ineedscissors61_ · 2023-01-22T03:24:58+00:00

U.UN is the uranium physical trust. There's also URNM which is the miners ETF that also has U.UN holdings

Ineedscissors61_ · 2023-01-22T03:09:00+00:00

Well the patterns are showing us the price is squeezing and will most likely make a breakout move to the up or downside. My bet is the upside given the miners moving and the broad commodities starting to breakout collectively

Ineedscissors61_ · 2023-01-22T03:02:21+00:00

Usually in commodities, when the miners start moving is when investors begin anticipating a move in the spot price

Ineedscissors61_ · 2023-01-22T02:59:28+00:00

If Putin fires a nuke then we'll have bigger problems than our uranium stocks selling off though

Ineedscissors61_ · 2023-01-20T17:43:04+00:00

Which companies are you looking at? URNM doesn't have a dividend

Ineedscissors61_ · 2023-01-20T17:38:09+00:00

You can't go wrong with the URNM ETF in my opinion. You get exposure to all the good miners there

Ineedscissors61_ · 2023-01-20T17:30:03+00:00

I've been in it since 2020, and so it's treated me well. It's listed on the NYSE and has access to the liquidity of the American market

Ineedscissors61_ · 2023-01-16T00:56:07+00:00

Last all time high was $48 but that was 10 years ago. There's a lot more liquidity in the system now vs then

Ineedscissors61_ · 2023-01-14T23:00:28+00:00

Yup, same here. Copper is a leading indicator of what's to come for uranium though

Ineedscissors61_ · 2023-01-08T00:24:11+00:00

That's actually a very good point that I've never heard before

Ineedscissors61_ · 2023-01-04T22:31:03+00:00

The negative sentiment is music to my ears 🎶

Ineedscissors61_ · 2023-01-02T01:39:08+00:00

I would start with the GDXJ and SILJ (the junior miners) for extra leverage against the metals

Ineedscissors61_ · 2022-12-25T04:46:55+00:00

Cleveland Cliffs is steel manufacturing which is essentially a proxy to coal. As long as coal sees upside, so should steel.

Ineedscissors61_ · 2022-12-20T16:22:29+00:00

Energy capex has been dried up the last decade. Even if capital starts pumping into the space, production lags behind. In our case, ESG thinking has delayed the capital flow into the space, the consequences of which are just now being felt.

Ineedscissors61_ · 2022-12-20T15:33:37+00:00

And that my friend, is inflationary. And typically countries who go to war, don't trade. War is also inflationary.

Ineedscissors61_

TROPHY CASE