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re: Uranium>Silver
Posted on 9/15/21 at 8:04 am to go ta hell ole miss
Posted on 9/15/21 at 8:04 am to go ta hell ole miss
If you're new and want some exposure pick up URNM or URA shares. That's the safest way to gain exposure.
This market can be volatile so I would do research to gain some conviction around the thesis.
I don't know if I'd recommend buying right now either. We've had one hell of a run the past 3 weeks. Personally, I'd wait for the next pullback, but I could be wrong. It might run until the new year lol. I think we're a little frothy and a lot of short positions have jumped on board recently. One down day could trigger a short-term sell off and in the uranium market that might mean 10%-20% in one day!
This market can be volatile so I would do research to gain some conviction around the thesis.
I don't know if I'd recommend buying right now either. We've had one hell of a run the past 3 weeks. Personally, I'd wait for the next pullback, but I could be wrong. It might run until the new year lol. I think we're a little frothy and a lot of short positions have jumped on board recently. One down day could trigger a short-term sell off and in the uranium market that might mean 10%-20% in one day!
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