A little snippet from an article in a UK investment Mag, Money Week. It is nothing we don't already know but it is good to see the story popping up all over the place.
"......He also likes uranium. Uranium had a mania and then the price collapsed, and the stocks with it, but the businesses kept getting better and better. "The uranium story that fed the mania is still in place.
Rule said we consume more uranium than we produce. "The uranium price has to go up. And more importantly, it can go up." Meaning, the price of uranium is very low. It could double and still not have any meaningful impact on the economics of a nuclear plant. "People don't care much about uranium today, but in three years, they are going to care a lot."
Rule's favorite themes are much the same as mine. As I detailed in this essay, I think buying oil companies right now is a great idea. I think oil and natural gas prices are going to be higher in three years than they are now. I'm also digging into the other energy sectors Rule described. After all, as an owner of energy assets, you have over three billion people just starting to demand what you're selling."
This article was written by Chris Mayer for the free daily investment letter DailyWealth
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