Thread by @RichardRiffs

This AM I entered the uranium sector in a small manner. Been watching the market and learning for some time now. I bought pure play physical uranium trust units. Not explorers, not producers. I may or may not buy producers, possibly explorers.

Given the spot price of uranium is a secret until the last day of each month and the longitudinal spot price suffered immensely post-Fukushima now is a moment to act. Others, bolder, perhaps much smarter, moves a year or so ago.👏

There have been some instantial minor see-saws for the last decade, but the market has gradually strengthened and a number of factors are bringing nuclear power into the public psyche.

#electricity failures have a tendency to sharpen the mind, as do invasions and existential climate effects. My long-term bet, and by that I mean a decade, likely 2 or even 3 (should I live that long) is that uranium demand with exceed supply by a considerable margin.

I also accept and welcome that volatility will take place. I am not day-trading or speculating. I am playing the long game. Volatility is an important investment requirement.

The supply squeeze will be exacerbated by global security issues, sovereign security issues, a significant increase in power plants globally that address those issues AND the increase of #grid failures.

Read @MeredithAngwin Shorting the Grid for some eye-poppers.

Those failures will be concave in nature exacerbated by #renewables AKA #unreliables that increase electricity prices, fragility and bake-in a decrease into their own performance and confidence. To quote the eminent @Mining_Atoms they are Rube Goldberg machines.

Eventually the special interests in coal, oil and gas will decline as existential reality can no longer be pretended away. We will need #oil and #gas for some decades, but capital and insurance will pressure their denoument.

Electricity is life, it is one of the most important human networks and it will expand, but no money exists to replicate it 2-4X over the next 3 decades in the grid format we have. So new networks will be required that are best provided by #nuclearpower.

Old networks will continue and they will put up a fight. But the facade between #fossilfuels and their ideological handmaidens in #environmentalists are wearing thin.

Pressure to contain fossil fuels will increase as longitudinal denialism and outright fraud is exposed and their own risks, costs, and accountabilities increase.

The🇺🇸will get its poop in a group and resume a nuclear power build out. They will fumble and it will be uneven, but they will move mountains when they do. No other nation can.

Certainly other nations are moving aggressively annd blazing new trails. They are more nimble, courageous and preemptive. And yes capital is already positioning. It will continue. Portfolio dynamics are complicated.

My strategy is to buy and hold until I am satisfied with the returns and take some / all profits for the next girl (investment) that comes into town. I see uranium (slowly) moving into a convex curve long-term.

I have a 3 decade experience in technical analysis and 4 decade experience in investing. None of that should impress anyone. Those skills I am discarding, instead taking a Berkshire Hathaway approach: planting trees whose shade I will never see.

I also teach post-secondary #entrepreneurship, #sustainability, #DataAnalytics and reporting. Always learn more than I teach. Always improving. Still curious. Still turning over rocks.

It is a pleasure to read, learn from, come to know, and respect certain individuals on here in #uranium. Among them, but not limited to: @triangle @SloCan68 @jeffgeringer92 @AfricanLonghorn @UrTokenCorgi @davidjanson24 @geoffmcfarlan

I hope this thread was helpful for some. If so, feel free to share. And follow.