While we continue to hear gold predictions from 500 to 10,000, we really don't know where it will go for sure. We don't know where interest rates will end up, or if they will print huge amounts of money again during the next crash or any of the reactions we will see to another panic. Gold for me I hope goes up,but uranium is a for sure.
Uranium is a certainty it will go up. Of course this could take up to 3 years, but I am betting it goes up greatly over the next few years. I saw a list of price predictions from major banks on uranium and the lowest was about 31 for next year, and up to 50-60 range on the high. That is a big gap up from where we are currently under 20 today! The one thing that is a bit scary is a bit over 1 billion pounds are sitting above ground, but about 3 quarters of this is held by utilities which are always stocked up big since they are the consumers of it. With the price of uranium where it is today, any high cost producing mines could go out of business which would decrease supply that's coming onto the market even more.
Nuclear energy is at an all time high! Demand is growing for uranium ! Huge opportunity for a. commodity that sells for less than what any company in the world can produce it for! Mine closures company and supply shrinkage which will cause a great boom in the price! Stocks will 10x your money if they last through this period. (click llink below)
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I listen and read as much as I can about uranium since I strongly believe this is the for sure spot to get a 10 bagger or greater over the coming years.