Why uranium ETFs are going nuclear — almost literally — and how that trend might persist

Why uranium ETFs are going nuclear — almost literally — and how that trend might persist

Hi, there! The most scintillating news on the exchange-traded fund beat may be what one of our colleagues at MarketWatch reported earlier this week. Basically, a Canadian fund is buying uranium to store it — and keep it out of the hands of the nuclear power plant operators who need it. We’ll touch on that a little.

Video: Big call buying in this mining stock (CNBC) No compatible source was found for this media.

Meanwhile, Japan ETFs are on fire (see attached table) thanks, perhaps, to Yoshihide Suga, who said Sept. 3 that he was stepping down as prime minister after criticism of his handling of COVID-19.

You know what to do: Send tips, or feedback, and find me on Twitter at @mdecambre to tell me what we need to be jumping on.A boom in uranium ETFsUranium funds are enjoying boom times. Notably, the Global X Uranium ETF has surged […]

About the author: StockMan

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