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Mart Wolbert of Contrarian Codex shares his latest thoughts on the uranium market, including where we are in the cycle, what’s next for prices and factors to watch for supply and demand. He also discusses takeaways from the World Nuclear Symposium.
“I think that this half-time break is almost over — that’s not to say that we won’t have any water breaks in between as the equities pull back and go up. That’s just the nature of the market, it’s the nature of any market. Nothing goes up in a straight line,” he said.
“But I think that it’s very important to look at it in the grand scheme of things. And that is: we have another half to go, and the second half is going to be in my opinion far more exciting than the first as this contracting cycle comes in.”
Mart’s newsletter: https://www.patreon.com/contrariancodex
❓ What uranium price catalyst(s) are you watching? Tell us in the comments!
#Investing #Mining #Uranium
0:00 – Intro
0:33 – Current sector dynamics
3:59 – Term price is the reality
7:31 – Half-time break is ending
10:34 – Divided sentiment in sector
15:14 – WNA event takeaways
23:21 – Price catalysts to watch
29:48 – How to invest now
33:14 – Key macro developments
39:58 – Bear case for uranium?
41:21 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.