Is uranium going nuclear?

We collect the buzz. Fellow investor, ​ Right now, uranium is getting more buzz than it has in months, maybe years. We thought we'd collect three of the core points driving the surge. Read on for the details. Uranium prices are at their highest point since 2011 Uranium has climbed to $66.25 per pound, its highest point since 2011. ETFs have followed suit. Since the beginning of the year: - The price of uranium is up 36% - Sprott Junior Uranium Miners ETF (NASDAQ: URNJ) is up 10.72% - Global X Uranium ETF (NYSE ARCA: URA) is up 33.12% - Sprott Uranium Miners ETF (NYSE ARCA: URNM) is up 44.01% Reuters says that "Uranium spot prices are expected to climb to $75-$80 a pound by end-December." [Read more]( on Mining.com. Supply is running out The Economist, speaking with Jonathan Hinze, reports that two of the world's largest producers of uranium, Kazatomprom and Cameco, are sold out until 2027, while Orano is having difficulty extracting uranium from Niger amid a coup. It's the thesis bulls have been drumming on for years: the supply numbers do not seem to bear out any growth in nuclear energy. Uranium purchases are accelerating Meanwhile, utilities are scrambling to secure this scarce uranium, on track to exceed last year's 10-year purchasing high. Obviously, if supplies are dwindling and buyers are lining up, the price is likely to go up. We are already looking at an interesting year for uranium; if the bulls are to be believed, we may be approaching a turning point for the nuclear metal. Happy investing, The PrivatePlacements.com Team Full Disclosure: The service and the contents are provided by the sender and other information providers on an "as is" basis. The sender and any and all other information providers expressly disclaim any and all warranties, express or implied any information herein or on PrivatePlacements.com. PrivatePlacements.com, its owner, and its owner's directors, employees, consultants, contractors, agents, and similar individuals ("Representatives"), refrain from providing any tax or investment guidance, and do not endorse the buying or selling of any securities or investments to ensure the email's compliance. Contents are intended as general information. None of the contents constitutes an: (1) offer to sell or the solicitation of an offer to buy by Blender Media and/or its representatives any security or other investment; (2) offer by PrivatePlacements.com or its owner and/or their representatives to provide investment services of any kind; and/or (3) invitation, inducement, or encouragement by Blender Media and/or its representatives to any person to make any kind of investment guidance. You should not rely on the content for investment or trading purposes. Securities or other investments referred to in any of the contents may not be suitable for you, and you should not make any kind of investment decision in relation to them without first obtaining independent investment advice from a person authorized to give it. All communications by [PrivatePlacements.com]( are subject to its terms of use and disclaimer, which can be viewed [here]( and [here](. Copyright © 2023 PrivatePlacements.com, All rights reserved. [Terms of Use]( and [Disclaimer]( You are receiving this email because you opted-in via our website, or have requested to be a subscriber. Our mailing address is: PrivatePlacements.com 422 Richards St. Suite 170Vancouver, BC V6B 2Z4 Canada [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.