Great article as usual M. Clermont. I'm pondering your flywheel concept and I found it extremely solid. Currently thinking about what could make the flywheel collapse to get a sense of the risk. No super bright idea answer so far though - it must be demand decline but that would need a general economy slow down in a deflationary way which currently doesn't look the case.
Hey Maxime I have been shorting cameco successfully with heavy leverage after reading their most recent releases and talking to people that have contacts inside. Would love to chat with you about it. stevemueller@protonmail.com
My exit strategy is in part based on the principles laid out in SmithWeekly, but two additional components based on uranium’s value denominated by WTI & XAU and their historical tops of past bulls. Central banks are losing control of inflation. Having $ targets makes no sense to me. Taxes could change all this for me if Yellen is successful in getting an unrealized cap gains tax. That would mean expatriation or selling early as Uranium is 40% of my INW by net cost.
KAP's new U sequester fund: if the direct impact of the fund is to lift the spot price, then that actually lowers SPUT's premium to NAV, shutting down the ATM.
Great article as usual M. Clermont. I'm pondering your flywheel concept and I found it extremely solid. Currently thinking about what could make the flywheel collapse to get a sense of the risk. No super bright idea answer so far though - it must be demand decline but that would need a general economy slow down in a deflationary way which currently doesn't look the case.
Hey Maxime I have been shorting cameco successfully with heavy leverage after reading their most recent releases and talking to people that have contacts inside. Would love to chat with you about it. stevemueller@protonmail.com
My exit strategy is in part based on the principles laid out in SmithWeekly, but two additional components based on uranium’s value denominated by WTI & XAU and their historical tops of past bulls. Central banks are losing control of inflation. Having $ targets makes no sense to me. Taxes could change all this for me if Yellen is successful in getting an unrealized cap gains tax. That would mean expatriation or selling early as Uranium is 40% of my INW by net cost.
In a recent podcast, Brandon Munro suggested the mines on C&M would need $80/lb before restarting (going by memory, hope I've got that right). https://livewiremarkets.podbean.com/e/uranium-special-how-did-we-get-here-part-1/
KAP's new U sequester fund: if the direct impact of the fund is to lift the spot price, then that actually lowers SPUT's premium to NAV, shutting down the ATM.
Thanks MC!