Uranium Stocks Taking Off, Don’t Be Left Out!
Right before ‘that bug on the windshield was me’, we learned about John Mauldin buying uranium stock in this past week’s Thoughts from the FrontLine…
So last time here we covered John Mauldin buying Gold and gave you a number of pointers to avoid common mistakes buying and storing Gold.
Now we’ll reveal what stock he bought (I have no inside information, yet I’ll put a 99.9% probability we’re right).
In that issue he stated he would be ‘buying an ETF which is basically a proxy for physical uranium’.
That same ETF we are already invested in at lower prices thanks to The Independent Speculator (learn more here). You see, Lobo Tiggre and his team are EXPERTS in the field of Uranium stocks…
and other resource/mining companies.
Interestingly enough, both Lobo Tiggre and John Mauldin call Puerto Rico their home.
Why is John Mauldin Buying Uranium Stock?
John makes it no secret that he feels that ENERGY is THE key resource in the coming years. Society simply cannot advance without it.
We happen to agree!
And ESG? Get serious. Not there, not close.
Uranium/Nuclear provides BASELOAD power for the green energy movement which is only alive because of reckless government subsidies.
Nuclear power is GREENER!
Additionally, Mauldin Economics’ Ed D’Agostino recently interviewed Air Adnani (Uranium Energy Corporation’s CEO) to discuss supply & demand issues that will drive the uranium price higher and higher.
Yet, before you ask, he DOES discuss the comparison to 2006’s uranium bull market.
The point is, do you want to chase this market? Please say no!
Analysts at The Independent Speculator make it VERY CLEAR you have to choose your ENTRY PRICE with stocks such as these.
If you need help in that area, Subscribe NOW (warning: it ain’t cheap, just WORTH IT!) and avoid common speculator mistakes.
Almost Forgot – The Actual ETF
Dang, I get sidetracked…
The ETF is URNM, Sprott Uranium Miners ETF.
You’ll notice the trusted Sprott name, I’m sure!
From Yahoo! Finance:
The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that devote at least 50% of their assets to (i) mining, exploration, development, and production of uranium; and/or (ii) holding physical uranium, owning uranium royalties, or engaging in other, non-mining activities that support the uranium mining industry. It is non-diversified.
Please note: This is NOT investment advice, you CAN LOSE MONEY, nor are we registered investment advisors and we are NOT speaking for John Mauldin or Mauldin Economics.
We just happen to agree with his premise for investing.
We also have already acquired shares of URNM at lower prices and may very well increase our stake in the near future.
If you are looking for some of the VERY BEST resource stock (including uranium) research & analysis WITH recommendations, we strongly suggest you take a look at The Independent Speculator from Louis James LLC