RE:RE:BearWould probably be better off ignoring Stockhouse. Not exactly objective posting by the pumpers - very one sided.
Malcolm2001 wrote: The worst thing that can happen Dreamin is that you follow the advice of the talking heads on CNN. Firstly they are the inventors of fake news and secondly their "advice" has been consistently wrong. You would do well to switch off your television or mobile app and study the fundamentals of Uranium. That is what will dictate its price. The question I would ask you to answer for me is what effect do you think a recession would have on electricity consumption? I suggest to you that nuclear power plants around the world will continue chugging away and consuming Uranium whether there is a recession or not. Therefore it is irrelevant.
However I do assure you that following CNN is a guaranteed way to lose your shirt. As others have noted here I do recall the talking heads of that company predicting a stock market collapse once Trump became President. So very pleased I did the exact opposite to their advice and invested in US markets. Their track record is abysmal and they are a politically driven organisation. There are NO indicators of a recession in the US or anywhere else at this time.
And of course CNN accurately predicted the economic collapse of 2008 didn't they.....well no they failed to see any warning signs. Not an organisation I would trust with my grandcvhildrens piggy bank let alone a multi million dollar portfolio. Switch your TV off.
Malcolm