Post by
Dreaminthedream on Mar 12, 2021 7:31am
Uranium is a mystery. Why?????
Why is Uranium such a mystery commodity? No one can explain what is happening in the Uranium market. Posters on here attempt to put a spin on it but no one can really explain why the Spot Price is weak or why utilities have not been active in the market.
Year after year people throw out supply and demand figures and talk about what should be happening but all we see is a deep dark hole day after day, week after week, month after month.
Quakes has even resorted to retweeting his retweets to shed some light but darkness remains. It seems hopeless.
Rick Rule talks a mean game but even he cannot put a finger on the inactivity and apathy. It is rumoured that Christ himself has sent spies and investigators to find the reasons why all is so quiet. No sounds have been found.
It appears that no one is able to actually find a pulse in the market. People who should know what is going on have disappeared and it is believed that they were chopped up into small pieces and fed to the fish in Lake Athabasca.
Uranium is the strangest commodity. It is one that is vital to national security and energy production. Yet its behavior in the market place remains a secret. It acts in an obscure and enigmatic way.
Uranium does not behave like a normal commodity. That is obvious. I know one of the reasons it operates differently is because it gets used through long term contracts. But there must be other issues behind its opaque life.
I am pretty sure no one on here can put forth a clear and precise explanation of what is going on with Uranium. Just remember that you could get silenced and shredded and fed to the fishes in Patterson Lake.
Comment by
GovernanceQP on Mar 12, 2021 9:59am
It is not a mystery. The uranium spot price market is illiquid and easy to manipulate. It is all about maintaining the status quo.