URANIUM
I've been asked what am I buying, and what would I buy in a
- recession
- inflation
- stagflation
- soft landing 🤣🤣😅😂😂🥹🥹😆🤣🤣🤣🤣🤣 ok, seriously
if I woke up and was limited to buying one thing, this would be it.
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above the mid bollinger, but let it get another good sell-off to shake the weak out and allow the brave fortune seekers in. You see that wave up? how herky jerky it is zig zagging up? that's what commodities do. Then they have a big bullish massive wave up followed by a drop like a stone. That is because no one wants to hold a commodity like they do tech. But times, they are a changing my friends. This is what I want for the next ten years, and I can get it here. CHEAP!
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I haven't checked on uranium for a while, but look at that bounce right off my trendline. But iam, why haven't you checked on uranium?
because I don't like to average up 🤣 but I do like fresh LEAPS 😉 and it's about time to get ready to jump in
But, what to buy????????
here, let me help
OK, for whatever reason, it won't let me show SRUUF, but it's a physical holder of uranium. It's an OTC stock.
here is the SPROTT Physical uranium stock, it's Canadian.
here are some stocks on my watchlist
the big one in America, it owns a stake in Kazatomprom, and EVERYONE wants a piece of Kazatomprom (soldiers coming soon to a country near you)
a drop to 4.40 would be sweet 😋
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my largest holding
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I will stop showing charts because they are all pretty much the same, if YOU search, you can find some that will really run 🏃♂️ 😉 🤔
here, you can click right here and look at the charts yourself 😉
and here are some over the counter stocks, riskier, but possibly more rewarding
it been a long time since I've made a post, this is worth it.
Be Safe, Be Careful, Be Wise
and as always
Good Luck
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cheerfulknight : Hi, is commodities heading up after rate cuts? With the full unwinding of JPY in the near term and coupled with interest rate cuts, USD will depreciate and stock market would drop too?
iamiam OP cheerfulknight : when the markets drop, everything drops. commodities recover faster and stronger. there is a new round of price discovery coming. for the first time in nearly 50 years, everything will be adjusted.
do I think everything will drop initially in the new price discovery? yes.
do I know when the new price discovery will take place? no, although I can guess September at the BRICS meeting.
I just know I want to hold commodities because they trade 1:1, nvidia, for example, trades at 40 times profit to earnings. which one gets sold first during price discovery
cheerfulknight : What is your analysis for QQQ and SPY today?
iamiam OP cheerfulknight : today, Friday the 6th? flattish to down. I don't like anything yet.
cheerfulknight iamiam OP : Hi, after the rate cuts, is tech stock leading the rally this time round again?
Stock_Drift : You can trip on a stock market news piece and its about uranium. It’s definitely all the rage right meow.
Mubi : hi @iamiam , just wanna know your thoughts on nuclear energy if trump wins since he is not a fan of it
iamiam OP Mubi : I still like it. energy will be too expensive. this is the future, like it or not. but i think it will dip here. This bottom is a buy for me.
Mubi iamiam OP : thank you for your insights!