Categories:
Energy
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General Market Commentary
Topics:
General Energy
/
General Market Commentary
This “explosive” metal set to skyrocket, and it’s not gold
While gold is a stable investment and should be owned during financial downturns, uranium’s fundamentals look more favorable for a big price move in the short to medium term, this according to Lobo Tiggre, principal analyst of the Independent Speculator.
Speaking to Kitco News, Tiggre said that the collapse in uranium’s supply has created a real crunch, while the demand for nuclear energy is inherently less volatile than that of oil’s.