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Meet “The Next Gold”
When analysts over at Goldman Sachs released the updated supply-demand models for uranium, there was really only one conclusion to be made. Uranium could become “the next gold.” This isn’t because the prices were similar, or because either were scarce in the traditional sense. It turns out that one is essential AND irreplaceable for the decades-long infrastructure buildout that nobody can slow down or stop. In fact, Goldman’s analysis showed a cumulative net deficit of nearly two billion pounds of uranium through 2045. For a little more perspective on that, it’s actually 211 million pounds wider than their ... (full story)
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- Jun 15, 5:01pm | 5 hr ago Posted byFundamental Analysis80
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