iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,364 Blog Posts

“THE FLY” HAS GONE NUCLEAR — Russia Moves to Ban All Trading With US Nuclear Companies

This is a simple enough supply/demand trade.

Russia contributes ~20% of US uranium supply. They just started counter-sanctions against Boeing with titanium supplies. Now there are rumblings they’re going to move against our nuclear industry.

The price is moving sharply higher today, in a space that has been left for dead.

If you recall, I made a small fortune playing UEC a few years ago. Well I am back in the stock, hoping US supply gets choked off, leaving me with extreme profits on the upswing of U308.

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18 comments

  1. infinitezuul

    Oh no that sucks. Hopefully this doesn’t cause any trouble for the Clintons.

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  2. tonka

    I’m probably still underwater, even after this move. But I ain’t looking at my positions too closely until $URA hits $30.

    Soooo freaking bullish on Uranium.

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  3. MSGT HARTMAN

    The worldwide production of uranium in 2015 amounted to 60,496 tons. Kazakhstan, Canada, and Australia are the top three producers and together account for 70% of world uranium production.

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  4. Dr. Fly

    URANIUM ONE

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  5. heckler

    I honestly thought you were betting on nuclear war the first time you bought UEC

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  6. ferd

    How do you respond when you’re already accused of attacking the UK with chemical weapons? A few sanctions?

    Gosh, I guess he’s back in line ..we showed him.

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  7. chuck bennett

    Let’s go to the movies.

    HMNY. Anyone?

    Regards

    Chuck Bennett

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    • gappingandyapping
      gappingandyapping

      Can the movies deliver to my house? Last time I went it was kids acting like fools, cell phones making noise and light noise, then retards throwing shit at the screen.

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  8. gappingandyapping
    gappingandyapping

    Does everyone feel safer today after bombing Syria? I thought for sure we would not have homeless people and sick people that don’t get adequate medical care or people on welfare today since we have all of this rich as fuck spare money to lob 150 million dollars worth of shit at some ruins in a 3rd world country.

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    • chuck bennett

      Going solo to the theatre has its perks for sure.

      Regards

      Chuck Bennett

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  9. moonshot

    Clearly it must be a false flag op to cover how Trump is Putin’s puppet, right frog, traderconfessions, etc.

    I mean c’mon. This is blatant Trump Russia collusion! IMPEACH NOW BEFORE RUSSIA DECLARES WW3!!!

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