Why Uranium Experts Project Uranium Prices Will Spike More Than 50% In 2022

The investment bank explained that the Sprott Physical Uranium Trust was currently the largest fund holding actual uranium instead of futures contracts. Earlier in March, the price of uranium hit a new record, its highest figure in more than a decade. This substantial increase is believed to have been prompted by reports that the Biden administration was in talks to gauge the impact of imposing possible sanctions with concerns to Eastern Europe conditions and how that would affect America’s nuclear industry.

The investment bank explained that the Sprott Physical Uranium Trust was currently the largest fund holding actual uranium instead of futures contracts. Earlier in March, the price of uranium hit a new record, its highest figure in more than a decade. This substantial increase is believed to have been prompted by reports that the Biden administration was in talks to gauge the impact of imposing possible sanctions with concerns […]

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