how the world is right now and where spot should be look back to the 70s
history repeating
high inflation
war with Iraq and Iran ( Russia & Ukraine )
oil embargo with the Middle East ( critical mineral ban )
oil price per barrel in 1973 $2 in 1982 $30 the birth of opec in 1974 ( birth of uranium )
oil shortage and fuel rationing ( sorry no petrol )
uranium price well over $40lb for long sustained period
well over $200 if adjusted for inflation with a much bigger demand on the horizon
food for thought
imo
how the world is right now and where spot should be look back to...
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