Uranium / Enormous Potential / Supercycle Ground Zero
Thought I'd share this for potential consideration by those who are savvy investors... feel free to leave comments / questions / ideas
With uranium's late bear market cycle hitting what seemingly rock bottom, the future of investing in uranium could be mind blowing.
Top 3 reasons why uranium's future is bright:
Mass adoption of electric cars will significantly increase demand for electricity which at some point will require the most efficient nuclear-electric generation method
Uranium's last downturn cycle has driven some weak uranium explorers/producers out of business and contracting production capacity - it will not take much increase in demand to fuel the profitability of the remaining strong uranium miners
Multiple economic indicators globally signing incoming inflation and to name a few - rising long term interest rate, rising commodities prices, weakening US Dollar
Here's a graph of the uranium miners-tracking exchange traded fund - URA:
- Notice the multiple bottoms forming, and
- Concentrated volume indicating potential massive accumulation by smart investors
This is awesome ,from the above reasons makes it obvious that uranium would be the best investment platform in no time
Very nice !
These days with all focus on many other rising investments like crypto, tech stocks, real estate.. people often forget the greatest gains are often created when you look into something the crowd is not looking..
think bitcoin's massive downturn from 1000 to 200... flushing out all hope the ordinary investor has