Hi GoNuke,
I would recommend doing some research on Global X Uranium ETF and you will probably come to the conclusion that its use as a proxy for what’s happening in the uranium market is now pretty limited.
Some of their current holdings have very little exposure to Uranium relative to their size.
Eg: BHP, RIO and Barrick
While solid companys to hold they are unlikely to gain much from an increasing spot price and will likely hold back the ETF performance if there is a big run up in the uranium price.
Hi GoNuke, I would recommend doing some research on Global X...
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