Real Life In The VentureNot the news wanted or expected but it happens to be reality ! Man up or move on this might end a lot better than it otherwise could have ! At least the enviroment for moving a commodities project is very near the sweet spot ! I am not that impressed either and it comes down to management at the end of the day BAXTER WAS A BUST so be it we move on !
This is advice from one of the top investors around and I believe the resource being turned over to Westwater falls in the strike zone !
DoubleLine CEO Jeffrey Gundlach said on Wednesday that his best investment idea for the new year is commodities, against the backdrop of increasing global economic activity and the valuation attractiveness of commodities relative to U.S. stocks.
"I think investors should add commodities to their portfolios," said Gundlach on CNBC, pointing to the "remarkable" inverse relationship between the total return of the S&P 500 and the S&P Goldman Sachs Commodity Index.
"You go into these massive cycles," he said. "The repetition of this is almost eerie. And so if you look at that chart the value in commodities is, historically, exactly where you want it to be a buy."