Uranium is a big factor. Russia dominates the supplyDon’t consider myself a trader by any means, but did rotate a significant portion of my liquid holdings into IAUM.
Energy stocks look expensive already.
The top 10% already account for half of consumer spending and it’s rapidly getting worse.
Think we are going to have a lot of pissed off voters in a year.
From AI: Following recent tit-for-tat restrictions, Russia continues to export uranium to the United States using a waiver system from both countries. In 2023, Russia was the largest single foreign supplier of enriched uranium for U.S. nuclear reactors. However, U.S. imports of Russian uranium fell substantially in 2024 following legislative action. The ultimate goal of U.S. policy is to end all imports from Russia by 2028.
Critical US Nuclear Plants Uranium Shortage: Supply Gap Widens
Discover how America's nuclear plants face a critical uranium supply gap threatening energy security and grid stability.
