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Message
re: Uranium>Silver
Posted on 9/2/21 at 12:14 pm to Tiger0527
Posted on 9/2/21 at 12:14 pm to Tiger0527
quote:
Supply and demand. There’s simply not enough uranium to meet the future demand of utilities. Now add in 2020. Mines have shut down and production fell even further. The supply crunch was present before 2020. 2020 is just speeding this up. Large producers like Cameco and Kazak can’t produce enough uranium at the moment due to shutdowns. They’re buying on the spot market. Spot market is near empty and way under priced. When spot market moves this will be like a volcano. Utilities will come to the table to sign LTC’s and this will be like printing paper.
Damn you beat me to it but I didn't read the thread
1
Posted on 9/2/21 at 12:44 pm to wutangfinancial
What is the best one to own in your opinion?
That trust bigmikey mentioned shot up today. Makes me feel like I missed the boat to add here.
That trust bigmikey mentioned shot up today. Makes me feel like I missed the boat to add here.
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