What Would Happen To Uranium Stocks If World War 3 Breaks out?

٦ يناير ٢٠٢٠

Uranium stocks are down 95% from their peak. There has been no energy source that has a better efficiency . Nuclear Power plants are better IMO. They about 1.5 to 2 times more as natural gas and coal units, and 2.5 to 3.5 times more reliable than wind and solar plants. Furthermore Iran cancelled it's Nuclear. Well guess what? Nuclear Bombs are made out of Uranium. This is a bull market waiting to go bezerk as the main focus is who has the biggest Nuclear Bomb.

Combined with some simple Elliot Wave analysis we have a descending wedge. We already broke this wedge with GVXXF, and this will also happen with NXE.