In this interview, Rick Rule argues that placing your money in the best of the best companies will likely do better than wildly speculating.
Nuclear still represents 15% of U.S. baseload energy needs and therefore in the coming years either the lights will go out, or the price of uranium will go up.
Time Stamp Reference:
00:40 – Too early to draw any conclusions from recent market action.
02:00 – A liquidity crisis will hit stocks including gold stocks.
03:40 – Optimistic about uranium stocks but be selective.
05:10 – Previous uranium bull market performance.
06:45 – Utility companies are very tight-lipped.
08:05 – Value proposition of uranium juniors.
09:20 – Uranium stock picking strategies.
11:30 – Vanadium outlook and risks.
15:00 – Comparison of the cost of uranium vs. the cost of reactors.
The Global X Uranium ETF (URA) was unchanged in premarket trading Monday. Year-to-date, URA has declined -21.86%, versus a -0.17% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of Palisade Research.