WOW Uranium has likely reached a
pivotal inflection point that could
force the price higher by as much
as three- to four-fold over the
next several years. For the first
time in history, uranium has
slipped into a persistent and
widening deficit. We believe the
results will be dramatic. Uranium
is much less transparent than
other commodity markets; in this
essay, we will help shed light on
the forces driving uranium over
the course of the decade.
From the start of the nuclear age
in 1945 until 2019, the uranium
industry has gone through four
distinct periods. Each period has
been unique in terms of supply
and demand, leading to wild
price swings that lasted decades.