Prices for Uranium: it could be the the trading idea of the year
Show me the money! June 22, 2020, by Vladimir Rojankovski, Grand Capital Chief Analyst
Prices for Uranium are soaring. In just the last few weeks, the price of this clean-energy metal — or yellowcake as it’s commonly referred — has skyrocketed by more than a third from $25 per pound to over $33 a pound!
Investors are lining up for gains. Moreover, it could be the windfall of a year lifetime. You see, when Uranium prices rise… they do so in dramatic fashion.
The last time we saw something like this — the price of yellowcake skyrocketed all the way to $140 per pound… with well-timed investors raking in 10-fold, 20-fold and even 30-fold gains!
It is possible to gain exposure to uranium growth through its only ETF with a ticker URA at current price around $11.
Prices for Uranium are soaring. In just the last few weeks, the price of this clean-energy metal — or yellowcake as it’s commonly referred — has skyrocketed by more than a third from $25 per pound to over $33 a pound!
Investors are lining up for gains. Moreover, it could be the windfall of a year lifetime. You see, when Uranium prices rise… they do so in dramatic fashion.
The last time we saw something like this — the price of yellowcake skyrocketed all the way to $140 per pound… with well-timed investors raking in 10-fold, 20-fold and even 30-fold gains!
It is possible to gain exposure to uranium growth through its only ETF with a ticker URA at current price around $11.