how did you get that conclusion?
They are based on power plant demand and construction. If demand slows how does that stop the building of and demand by powerplants and the fact that uranium supply is getting worse?
Doesn't the population still need electricity in a recession or does that suddenly become a discretionary item lmao.
Infact wouldn't powerplants be cheaper to maintain/construct given the deflationary effects of a recession and thus uranium prices can rise further given that their bottom line has more leway before it becomes uneconomical to produce electricity.
thank god commodities are crashing, page-10
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