Last week was a big week for uranium. Despite gold, silver and broad-market equities crashing at the end of the week because of J. Powell’s speech at the Jackson Hole Symposium, the URNM index managed to close the week +13% in the green on the back of news coming out of Japan that its new prime minister wants to speed up nuclear restarts as well as start building new nuclear power plants as soon as possible.
Michael Burry also seemed excited about nuclear and went vocal about it on Twitter, as did Elon Musk.
All these things combined caused uranium to have a beautiful week.
In this video, Justin Huhn, the Uranium Insider, told me more about what excatly is happening in the world of nuclear right now as well as what his outlook and uranium investing strategy are for the next couple of months.
I was also joined by Steve Penny, the Silver Chartist, who explained to me what exactly happened at the Jackson Hole Symposium, as well as what he expects to happen in gold and silver for the rest of 2022.
For the “Regular Portfolios” segment, I was joined by Steve Mueller, a 39 year old dentist from Oklahoma, who hold well over 120 stocks in his portfolio, yet tells me that he expects uranium stocks to outperform all of them.
Warning
Antonio Atanasov is not an investment advisor. Antonio Atanasov might own shares of companies mentioned in this publication. Always assume him biased. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. More specifically, Core Assets and Western Alaska are paying to be mentioned in this publication. The information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital.
Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Especially if they have orange hair and no experience (me).
Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. Reality often varies from people’s expectations. Managements like over-promising and under-delivering. If a manager was speaking in here, beware. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Company’s Annual Information Form, which is available on www.sedar.com. Reading the full disclaimer on the disclaimer page on this website is mandatory.
Timestamps
00:00 Important note 00:10 Intro 02:00 Silver Chartist on gold & silver 17:45 Uranium Insider on uranium 44:20 Regular Portfolios: This dentist owns 120+ stocks 01:11:00 Economic Calendar
Was there something wrong with what the guests said? Did I fail to ask an important question? Did I make a mistake? Please tell me about it. Criticism and skepticism are highly welcome and help me learn. Thank you.
