Everyone is talking about oil and gas, which are fine and I am sure you’ll make some money in them. To date, Russia hasn’t weaponized their exports — still permitting sales of oil and gas to unfriendly nations. If they really wanted scorched earth, they’d simply turn off the spigots and let Europe fend for themselves.
Lost in all of that dialogue is the specter of a trump card being played with uranium. Russia is by far the largest producer of enriched uranium and unlike gas or oil — if they cut supplies of uranium to unfriendly nations — said nations can’t simply ask their utilities to make more.
As such, a conviction trade arises with uranium stocks. At this point there are several ways to win: expansion of nuclear power plants replacing oil/gas and also massive supply disruptions causing the price for U308 to skyrocket. We are still 50% off from the 2007 highs for uranium and to be honest – I cannot think of a better trade the next month.
My uranium longs are DNN, UUUU, LEU, UEC and NXE.
We’re going fucking nuclear — armed to the teeth with weapons of mass destruction. Who’s gonna stop me?
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Wtf Fly,
Why’d ya have to fucking announce it
I’m not in a full position just yet goddamnit
Let’s glow muthafukkkka
That Uranium One deal that Barack/Hillary let go thru is looking like a really bad idea right now.