I will be investing in some minerals today, maybe some oil and uranium futures contracts. Niger has also raised the price of uranium from 0.8 to 200 euros per kilogram. This market is going to be very interesting, I think. NFA
Macro Voices podcast has been talking about uranium for a few years. Looks like they nailed that one Thanks for the update iefan!
I have been investing in a Uranium ETF for a long time now, and I believe that, similar to Bitcoin, we are just getting started with Uranium. However, the only problem is that supplies are centralized.
Putting investable $$ into something I don't hold and can reasonably protect... I have no interest in. You either own (possession) or you dont... a promise. I have little value in promises.
There are no #Uranium futures contracts. For exposure to the sector you can buy physical Uranium via Sprott Physical Uranium Trust. If you want ETFs go with URNM or URNJ.
For #Uranium news on Nostr, follow @uraniumdaily where I post regularly on Uranium and Nuclear Power.
I bought the uranium miners ETF in March. I think a lot of people are still in the dark on how much it could potentially move
I knew it 😂, btw I should have brought the futures rather than ETF. At least better than nothing. 😁 https://i.nostrimg.com/cad6c2cba5bc84cd243455b8bbc0cefb1203c7653ae4cb002098b7919dd021a2/file.jpg nostr:nevent1qqstnk7lgn6j6hv24mlszzvzx963p0taarpn7wpz8qur6y7qwhspllgpzdmhxue69uhk7enxvd5xz6tw9ec82c30qgsvdac80utfn4gvly4fv54la0l6cp0udpptnm3ezzyajkdc44w53lgrqsqqqqqpd85a0c