The Next Commodity Bull Market with Rick Rule
Stansberry Investor Hour
00:00
Is Uranium a Good Commodity?
Uranium is one of the most efficient, lowest cost, and, ironically, environmentally non harmful materials that generates electricity known to man. Demand for uranium increased, particularly in places like china, but around the world, at the same time that the productive capacity of the uranium industry declined by forty%. Now we have a circumstance where the price is going up. I am delighted to say that to sprot, my former colleagues, had a lot to do with that. We've been stunningly successful, raising now almost a billion dollars and buying somewhat somewhere between 20 and 30 million pounds of uranium in the last four months. The senior uranium companies and the physical uranium itself, i still believe
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