GM and Ford announcing they will be all electric vehicles by 2035 hasn’t even been remotely digested by the mining world.
This is going to require doubling the electrical grid #uranium
This is going to require doubling the electrical grid #uranium
Nuclear power will have to double just to keep its share. But what about coal? We really gonna double it or are we going to deal with climate change and coal related pollution?
In my opinion we should be working towards a tripling of nuclear output at minimum. Really we need to 5x global out put to even have a chance of fighting climate change while moving to EV’s
Bottom line. I truly expect the uranium mining (nuclear fuel) sector will become a $1T sector with in 10 years as we grabble with the demands of electric vehicles and have no choice but to finally tackle climate change.
If this plays out the average uranium producer will 50x. Some 100x (like they did in 2007 bull)
But expect many metals to run hard
But expect many metals to run hard
Copper demand for will be way up due to electrical grids expansion and upgrades plus the fact that electric vehicles need 2-3 times the copper or a conventional car.
Lithium, cobalt, molybdenum etc. All will see strong demand growth.
I plan on dabbling in each of these sectors as well as gold and silver.
But make no mistake. #uranium is by far my favourite
I plan on dabbling in each of these sectors as well as gold and silver.
But make no mistake. #uranium is by far my favourite
The best #uranium stocks are gonna 5x with out demand growth. So I see very little downside risk and massive reward. It’s got the best risk to reward of any commodity or any stock theme I’ve ever encountered or even read about
Picking a basket of winners is relatively easy. Many great etfs. $URNM $URA
One of the best things about uranium investing is there are relatively few real companies out there. So it’s much easier to know you’ve got a basket of sure winners unlike the risk involved in tech
One of the best things about uranium investing is there are relatively few real companies out there. So it’s much easier to know you’ve got a basket of sure winners unlike the risk involved in tech
Sure it would be nice to go back and buy Msft, Apple, Amzn etc at the right time. (But not 2000) but you also could have picked blackberry, nortel, Motorola, etc and got blown up. Not only is the time right for uranium but the winners are very certain.
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