Significant increases in completed nuclear installations are still pretty far off. Unless Russia shuts off their refined ore pipeline I'm thinking the price will back off some, especially in a recessionary period.
The US has said they are going to cut themselves off of Russian Uranium (we’ll see if that’s actually true). I agree it will go down in a recession, but my gut tells me we may get a little inflationary spike (oil/uranium) before that happens. Not betting all the chips on that though.
Significant increases in completed nuclear installations are still pretty far off. Unless Russia shuts off their refined ore pipeline I'm thinking the price will back off some, especially in a recessionary period.
The US has said they are going to cut themselves off of Russian Uranium (we’ll see if that’s actually true). I agree it will go down in a recession, but my gut tells me we may get a little inflationary spike (oil/uranium) before that happens. Not betting all the chips on that though.
I bet you're right...I might just try a bit short term with a stop loss.