Good candidates for higher prices - uranium and gold

Currently, uranium production lags behind global demand. Gold offers security.

Last year, 123 million pounds of uranium were produced, the lowest global output since 2008. Demand worldwide is about 180 million pounds of uranium and rising. Large mines have been closed, but climate targets are to be met. Nuclear power has a significant role to play in the energy mix. This is because the move away from fossil fuels demands a replacement. If you want to bet on uranium, you can bet on a uranium trust (similar to a gold trust) or look at the relevant companies, for example Consolidated Uranium - https://www.youtube.com/watch?v=3SLFvTw2SWI -. The company's focus is on acquiring uranium projects around the world as it looks to profit from the resurgence of the uranium market. These are located in Canada, Argentina, Australia and the USA. The most recent acquisition was a 100% interest in the Milo uranium, copper, gold and rare earths project in Queensland.

 

Not only is a rising demand for green energy determining events, but the fourth Corona wave is also causing trouble. This can be beneficial to the price of gold, as when uncertainty increases, the price of gold usually rises. Investors are looking to hedge their portfolios and what better way to do that than with gold, the tried-and-true value preservation vehicle. To counter the Covid 19 fallout, governments around the world have dug deep into their pockets. And the current situation shows that it is far from over. In addition, high inflation is causing investors to invest more in equities, including gold stocks.

 

Here, in the gold sector, there would be Tudor Gold - https://www.youtube.com/watch?v=yHazC4ybcxQ - and its Treaty Creek project in the Golden Triangle in British Columbia, a very prospective gold property. Liquidity is provided by a private placement with the participation of Eric Sprott.

 

 

 

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