RE:RE:RE:RE:Fuel loading has begun for CGN's 1st 1750MW EPR ReactorVery good post Gigantapithic. You are so right in your analysis. One of my personal funds is operated by an investment manager (to defray my risk of getting things all wrong) and I discuss commodities and Uranium with him regularly. He - as you say - sticks to the mainstrean and is no way at all a contrarian. If we all were contrarians nobody would be and contrarians would be the mainstream.....I like that...sums it up so well.
I do have Uranium shares in that portfolio and I am often encouraged to dump them because they are not making money (at present). So the mainstrean does not and never will understand nuclear power or the Uranium that fuels it. They will only buy it when it is the latest "hot" commodity and that of course will be far too late.
So I am quite pleased that there are so many that dislike the commodity because liking it or not liking it has nothing at all to do with the fundamentals and it is fundamentals and only fundamentals that drive the price eventually.
The need for Uranium is increasing, the supply of Uranium is decreasing therefore inventory MUST be falling. Utilities will not wait until they see the bottom of the barrel before they react but they will or power plants will stop.
As far as CO2 is concerned I am not at all convinced the theory is accurate. There are other very plausible theories out there that fit the data much better than CO2. However if it increases demand for Uranium then people can believe what they want. Really does not matter much to me.
Malcolm
Gigantapithic wrote: I'll take the less paranoid approach.
Retail investors are normally herd investors. Herd investors follow what's hot... Uranium rightly so is not.
Institutions don't normally take a contrarian approach. Look at TD, last week they threw out an "advising their clients to avoid MJ stocks"..... Really TD? Thanks for the advice when they're half way between the 52 week high and low. Where were you at the top, or before the top? Or on the way to the top? Now, I don’t think the average investor should be a contrarian, so it makes sense that the major institutions don’t advise that way. In fact, it’s a misnomer if it was mainstream to be a contrarian, well then there would be no contrarians… so we’d be back to step 1.
Institutions are guided by the wrong principals like politicians (looking right in the short term). If they go out on a limb and advise you to do something and they're wrong they look bad, ie lose money. If they follow the mainstream and you win/lose/do nothing they don't look bad. There's no incentive for them to go out on a limb.
Look at the mortgage debacle in the US. With hindsight the theory was crystal clear but no one would listen, no one agreed, everyone thought they were out to lunch (with the exception of the few) and who was left holding the bag - generally the investing public and average citizens whose houses tanked. And in the end, the average person got over it because really, buying a house, getting a mortgage, and the banks doing these kind of investments wasn’t all that offside from mainstream so they can get away with it. Time makes everyone forget.
Wow – got a little off topic there.
So, uranium… Go uranium!
Destinator wrote: Quakes...why is it that others cannot see the writing on the wall for Uranium. These new plants are huge. Their Uranium consumption for the next 60 to 80 years must come from mined supply and almost all current mines are mined out in under 15 years.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.fcu&postid=27867760#lBhGcAV8eTp10yTP.99
Malcom, the answer to your question is quite simple:
1.) Roughly 100 people read our posts.
2.) The mainstream media who is controlled by corruption these days
supports those that want to impose carbon taxes on us hard working people.
The aim is to destroy the middle class so that the elitists can control the bulk of the population the way the Putin does. 3.) The mainstream media has viewing audiences in the millions so they influence more people than we do. This is how Putin works. It is a war where propaganda is the weapon of choice.