Top Stories This Week: Sprott Buying Spurs Uranium, Silver’s Path to US$50

Top Stories This Week: Sprott Buying Spurs Uranium, Silver’s Path to US$50

This week’s update starts off with uranium for a change — and for good reason.

Prices have recently jumped to the highest level seen in six years, with the increase largely attributed to buying from the Sprott Physical Uranium Trust (TSX: U.UN ).

The trust was designed to provide exposure to physical uranium, and has been a major topic of conversation since its launch this past the summer. Silver Outlook 2021 Silver Price Forecast – What Happened And Where Do We Go From Here?

Our Jam-Packed FREE Silver Report Highlights Key Insights, Exclusive Interviews And Promising Stock Picks! As Adam Rozencwajg of Goehring & Rozencwajg explained to me, buying from the trust is exacerbating an already tight supply/demand balance in the sector, and he expects even higher future prices. “We’ve been running a massive deficit of primary uranium for the last two years, and I think that now it’s going […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet