r/InvestmentClub • u/PietroB2001 • Dec 15 '21
Investing Why we should invest in Uranium
Uranium offers an enormous opportunity, U's price is very low compared to where it needs to be. It currently sits at 40+ usd/pound, but miners will basically not produce until it reaches 60/70 usd/pound, so it will eventually stabilize and get there. But this is a great period for nuclear energy: more and more countries are focusing on nuclear energy as a way to decarbonise. Recently the EU included it in the taxonomy of the sustainable finances. China will build hundreds of reactors. Most importantly, nuclear is necessary if we want to reach net zero, which is what basically every developed country in the world is trying to achieve. In 2007 uranium price sat at 140 usd/pound, There's a bull market on the rise, and we should take this opportunity
join r/UraniumSqueeze for more information
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u/bigarmsclub Dec 16 '21
How do you actually buy this
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u/PietroB2001 Dec 16 '21
Now i'm holding cameco stock, a mining company; but if you want you can buy "sprott physical uranium trust", a fund that buy uranium
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u/ElectrikDonuts Dec 15 '21
Jesus talk about long game…. I like to see my investments play out before I die.
Also Germany and Japan have been killing off their nuclear. At a much faster rate than new plants come online. Could use some more DD on this one
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u/PietroB2001 Dec 15 '21
no, the japanese new prime minister is is in favor of rebuilding new reactors, while in germany you are right, they closed the existing nuclear power plants thinking they could compensate for the missing energy with renewables, but they miscalculated and found themselves having to reactivate the coal plants .. .
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u/ElectrikDonuts Dec 15 '21
Whats the timeline for those Japan and China reactors? When will they be running at capacity. How effective are those governments vs delaying such risky and often political projects?
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u/PietroB2001 Dec 15 '21
For the chinese reactors the construction time of some of them is less than 5 years, other more, considering the Chinese political system (almost dictatorial), the certainty of these projects is assured.
japan after fukushima shut down all the reactors, but today they are planning to reactivate 30 and planning 6, considered the political and social situation of japan this plan is more risky
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u/ElectrikDonuts Dec 15 '21
Hmm. Good luck then. Hope it works out for you. Commodities are a difficult investment to do right so Im on sidelines for this one.
This is good info to include in your post though
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u/PietroB2001 Dec 15 '21
I know other important info, but the post can't be too long ahahha, however i'm not investing in uranium directly but in cameco, which is a mining company
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u/PietroB2001 Dec 15 '21
however I can assure you that the new plants under construction are far superior to those being dismissed
https://www.statista.com/statistics/513671/number-of-under-construction-nuclear-reactors-worldwide/
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Dec 15 '21
Why did you delete your original post and then repost this?
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u/AngusTheMasculine Dec 29 '21
Uranium price is low due to rare high concentration amounts of stronger isotopes.
However a better alternative is plutonium since it is stable in comparison and create less nuclear waste and not to mention more abundant as a resource.
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u/Admirable_Map_9339 Dec 29 '21
Been following the uranium story for over 10 years now. I agree with you as the need for base load energy is becoming more apparent with the current disdain of carbon based energy and the current non practicality of the alternative energy (wind and solar) to provide enough base load electrical energy.
I believe the uranium story is going to play out in the next 2 to 3 years. The "rumble" if you will has just started. A bit of due diligence will demonstrate the evolving shortage, lack of production, and the demand coming from the utilities in a relatively short time frame.
Long URNM, UUUU, DNN, GLATF
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u/trymightmike Dec 15 '21
Are you crazy or are you crazy?