This is my third uranium bull.
Yes, present tense. The party’s already well underway, but no worries. Welcome!
No point putting your drinks in the fridge. You’ll need those and uranium allocations in hand as we go.
Let’s try a quick thought experiment
While scrolling through the charts below try to guess…
Which is a scam.com from 1999? An altcoin from 2017? TVIX calls in 2020? An NFT?
The first shows a 5500% gain in two years, from 30c to $17, and two years back down:
Just a 3500% run here, from 25c to $9 and back down over same four-year time frame:
Only up 1100%, $5 to $60, same period:
Best for last, up 11000% from 15c to $17:
Correct!
Uranium stocks circa 2006, and all actually started lower and went higher than these charts or totals reflect. Denison Mines, Mega Uranium, Cameco, and Laramide Resources respectively.
Those could easily have been representations of plague contagion spreading, popularity of a social mass delusion, or singles sales by a one-hit wonder.
Markets move by mass psychology
That’s the fundamental factor über alles. Ne plus ultra. The bull goose daddy mac none shall defy.
Same can be said of nuclear energy: it’s the ONLY clean, safe, efficient, economical, kind to animals and ecological mass-scalable energy option available.
If that’s news to you, please research it.
I did, and here’s what I came up with…
Why a Greenpeace co-founder went nuclear
Miss America 2023 : 'Excited to Promote Nuclear Energy'
“I'm excited to promote nuclear energy through speaking to people at clean energy conferences, connecting with individuals across the country about how they can use their homes to influence clean energy.”
- Grace Stanke, Miss America 2023
Again, no worries being a bit late. We’re in very good company, and once the masses soon come to know the truth - or face shivering hungry in the dark with no way to access social media or charge their electric car - the real party begins.
Actually it’ll begin much sooner, when enough people believe that enough people will eventually know it. Mass Psychology 101.
Pendulums swing. Seen electric bills lately? NIMBY becomes PIMBY - Please In My Back Yard!
Here’s a 25-year chart of uranium, showing what should prove to be a 15-month consolidation around $50 before an explosive move higher:
Uranium stocks have similarly traded sideways the past year and a half.
The year prior to this consolidation Denison gained 1000%, Mega 750%, Cameco 400%, and Laramide 800%.
No “bear market” here friend, just history repeating and bulls ready to rampage.
Global Uranium ETF (ARCA: URA) is my “one and done”
Last at $22.02 - https://www.globalxetfs.com/funds/ura/
Speculative Six Bonus Basket Booyah!
Click company names to visit official websites.
Anfield Energy (OTC: ANLDF) has a lot going on for 6c
Denison Mines (ARCA: DNN) in the mining middle tier at $1.35
Uranium Energy Corp. (ARCA: UEC) offers a uranium potpourri for $3.94
Uranium Royalty Corp. (NASDAQ: UROY) spreads the love and royalties at $2.52
Sprott Physical Uranium Trust (TSX: U.U) is a pure play. $12.01
NuScale Power (NYSE: SMR) is the only public company making small modular reactors. $10.84
“The future of nuclear energy is here. It’s got a simpler design that will hopefully result in faster construction at lower cost. It’s going to create a smaller footprint. It’s going to be equipped with next generation safety measures.”
- US Energy Secretary Jennifer Granholm on small modular reactors, 2021
Why Bill Gates Is Banking On Small Modular Nuclear Reactors
Like him or not, he’s a smart investor with great timing: Bill Gates’ $500 Million Bet Against Tesla
Some guy named Buffett is in on it too: $4B nuclear power plant backed by Bill Gates and Warren Buffett
I’m holding these long term, only looking to add later this year should a bear market assert itself in earnest first.