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MI Rewind: The Bull Case for Uranium w/ Justin Huhn
Millennial Investing - The Investor’s Podcast Network
Reverse Carry Trade: How Much Pounds Are Holding in Carry?
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We have a certain amount of pounds that are being held in carry currently. If we see a bunch of money coming to the Spot this is a grain trust right now and push the price back up above 50, then what we'll probably see is some more liquidity come from these carried pounds. Sprods already purchased that amount of uranium. How long will that buffer it? I don't know. But it's going to keep it from going from 45 to 90, in my opinion.
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