Jump to content

Recommended Posts

Thanks for that @TrendFollower, just to add the weekly chart to your chart above and match the etf in the OP. Solid looking bottom. I know nuclear is all very political, hence the low demand currently, but electric cars may well lead to a wake up reprisal, especially by Germany, after billions spent on eco not really working out and needing new pipelines from Russia and tankers from the US, and Japan who are totally energy dependent.

18249341_GlobalXUraniumETF_20181106_20_18.thumb.png.f10ae5b061ae51055f606cd52937bf0a.png 

Link to comment

Not an investor as such myself but the chatter I've been listening to is from the older guys who are looking to buy and hold. Price just above 1000 has held firm since 2016, in late 2011 this was trading at over 8000. Japan and Germany backed off nuclear but may be forced to reconsider along with other western countries if/when they choose to go big on electric cars.

Link to comment
  • 3 months later...

@TrendFollower, thanks for your comments but they don't relate to the video in any way, you may not taken the 5 minutes to view it so I'll summarise;

The historic peaks in uranium price correspond to lack of supply and the latest estimate figures (2018) indicate a new phase of supply deficit now coming into play just as demand is about to take off with scheduled global nuclear power plant renewal and a massive increase in planned electric car production, especially in China.  

 uran1.thumb.PNG.c20a6cedecd88d6e1923f3ea81907a88.PNG

uran2.thumb.PNG.5de5780586d43696eb6a583af1065dc8.PNG

Link to comment

@TrendFollower, they are not his charts, google uranium supply and demand and you will find a dozen links to research articles pointing out a forth coming supply shortage for expected demand in various publications over the last 6 months.

All he has done is to research the topic, build a narrative based on that research and presented it in a video, take it or leave it. All I've done is reproduced it simply because it rings true.

There after anyone can do with it whatever they like. 🙂

Better to be aware than ignorant.

Link to comment

@TrendFollower, your linked article is nuclear fuel rod specific and takes no account of China's planned explosive increase in the production of electric cars at all. The second graph in my post above shows deficit in the estimated supply for 2018 after years of over supply and as these things tend go in phases may well be signalling an extended period of low supply levels at a time of high demand. The 2018 figures are yet to be verified but the point of the video and my reproduction of it was to act as a heads up for a potential big move to come. Take it or leave it.

Link to comment

@TrendFollower  really not sure where you're coming from, it has absolutely nothing to do me or my investments. I'm not interested in giving investment advice I am merely passing on interesting information.

Someone researching a topic has found two factual pieces of information and put them together to form a narrative indicating a possible future big move of a commodity. It really is as simple as that.

I reproduced it here because some may be interested as the information as a package has not been considered in the media and so will not be widely known as yet.

What anyone does with the information is completely up to them, they can take it or leave it. If you want to explore it in greater detail please do so. To me it is just of general interest in line with my previous posts above.

So to recap from my very first post from early November;

1/ uranium is at a price cycle low and has started to rise.

2/ a period of over supply of the last 8-9 years (2009- 2016) looks to be turning to a period of under supply.

3/ the last couple of years has seen increased planning for nuclear power plant rebuilds and an explosion in the planned manufacture of electric cars, especially in China.

ergo; some readers might suspect price may rise in the near future and some might not. 

Link to comment
  • 2 weeks later...

YUAN TALKS @YuanTalks

2h

#Nuclear power related stocks bounced on Tue after report #China is expected to start construction of two new nuclear reactor projects in Jun after 3-yr halt in new approvals. The environmental impact assessments for them were submitted for approval to regulators on Mon.

image.png.15e8377a7155d8be2844c889e766b9b8.png

 

Link to comment
  • 2 weeks later...

UAE regulator in final stages of issuing license for nuclear plant

ABU DHABI (Reuters) - The United Arab Emirates’ regulator is in the final stages of issuing a license to the operator of the Barakah nuclear power plant now being built but cannot yet give a date for when it will be granted, a senior official said on Wednesday.

Operator Nawah Energy Company said in May that Barakah should start up between the end of 2019 and early 2020. It will be the UAE’s first nuclear plant and the world’s largest when complete, with four reactors and 5,600 megawatts (MW) capacity.

https://www.reuters.com/article/us-emirates-nuclear-energy/uae-regulator-in-final-stages-of-issuing-license-for-nuclear-plant-idUSKCN1R80NK

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      22,140
    • Total Posts
      93,024
    • Total Members
      42,523
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    xierf
    Joined 06/06/23 22:02
  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, 7 June 23,   Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave(Y) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at 25354.69. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25354.69. Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from the 25354.69. level and can still hold above the MA200 line, leading us to expect Wave 2 to end at 25354.69. , the price is returning to an upward trend, and a five-wave rise will support this idea. Bitcoin/U.S. dollar (BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish Divergence. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here!   Elliott Wave Analysis TradingLounge 4H Chart, 7 June 23,   Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave(Y) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at 25354.69. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25354.69. Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from 25354.69, but has yet to break the MA200 completely. We expect Wave 2 to end at 25354.69. Price is returning to an upward trend. And a five-wave increment would support this idea. But even so, one has to be wary of a correction of wave 2 on smaller scales. Bitcoin/U.S. dollar (BTCUSD)Technical Indicators: The price is below the MA200 indicating a Down Trend, Wave Oscillator is Bearish momentum.
    • Commodity Market Technical Analysis Elliott Wave and Trading Strategies Content: US Bond Yields, USDJPY, EURUSD, AUDUSD,Dollar DXY, US Gold, GDX, Silver, Copper, Iron Ore, Lithium, Nickel, Crude Oil, Natural Gas. Commodities Market Summary: The USD DXY is pushing higher into Wave v) of C of (2) while precious and base metals are doing the opposite Trading Strategies: No strategies Video Chapters 00:00  US Gov Bonds 10 Yr Yields 01:34 US Dollar Index DXY USDJPY, EURUSD, AUDUSD 14:13 Spot Gold /  GDX ETF 18:47 US Spot Silver 20:39 US Copper / Lithium / Nickel / Iron Ore 37:51 Crude Oil  40:30 Natural Gas  46:50 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  Access Trial here... buy 1 month Get 3 months       
    • HI can anyone tell me when IG will publish CTC for the 2022/23 tax year please? Cheers
×
×
  • Create New...