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> Definitely a good time to go long on uranium prices in any case. Is there an easy way for a casual investor to do this?
by dontwearitout 3y ago
> Definitely a good time to go long on uranium prices in any case.
Is there an easy way for a casual investor to do this?
- zardo 3y agoScrewing up my uranium futures trading and having to take delivery of a couple truck loads.
- deleted 3y ago[deleted]
- solumunus 3y agoYellow Cake PLC, all they do is buy and hold physical uranium.
- chollida1 3y agohttps://sprottetfs.com/urnm-sprott-uranium-miners-etf/ https://sprottetfs.com/urnm-sprott-uranium-miners-etf/ Probably the best ETF you can buy, owns spot Uranium.
- WhereIsTheTruth 3y agoUranium price will collapse with the rise of 4th gen nuclear power plants, which is meant to reduce waste and use it back to power the fission, making it dirt cheap since it's reusable and abundant
- simonebrunozzi 3y agoIn how many years, though? 8-10, perhaps?
- flashback2199 3y agoLooks like there's an ETF called URA
- dmurray 3y agoNote that this is an investment in companies at various stages of the nuclear pipeline, not directly a bet on uranium prices. A company that mines uranium will probably do well if the price goes up, but not if the price goes up because their mine closed or got blocked for geopolitical reasons. A company that produces reactor components should tend to do worse if uranium prices rise, but in practice the demand for new reactors is driven by other factors. If you want exposure to the price of uranium, you would do better with the Sprott Physical Uranium Trust [0]. The CME also lists uranium futures [1], but they don't seem to trade. [0] https://sprott.com/investment-strategies/physical-commodity-funds/uranium/ https://sprott.com/investment-strategies/physical-commodity-... [1] https://www.cmegroup.com/markets/metals/other/uranium.volume.html#tradeDate=20231101 https://www.cmegroup.com/markets/metals/other/uranium.volume...