Hello, I have a question, when you guys invest in Uranium, you guys invest in stocks? Or can we trade Uranium like we trade Gold, Silver and Oil? First time I heard we can trade Uranium, sorry about my novice questions.
Disliked{quote} Uranium does have a futures market but it is very thin for trading. One way is through ETF (URA) or through a trust vehicle called SPUT (U.UN). Otherwise, stocks which are mainly on the ASX or TSX. For me, this is the way I prefer as you will get a greater move through the commodity stocks than the commodity itself. The reason for this is the company gets a much larger percentage gain. For instance, if you get a rise in a particular commodity price from $21 to $25 then you have roughly a 19% move in the commodity. However, let's say the...Ignored
Disliked{quote} You have two main exchanges for Uranium stocks. The Canadian and Australian. ASX and TSX, there are a few on the NY exchange but not many. You have three different companies levels to choose from The first are the companies that are already producing Uranium, some of the largest are Cameco and Kazatomprom some midcaps like Paladin. You need to understand current deposits they have in the ground, years left for the mine, current market cap, and future market cap possibilities based on forwarding Uranium spot pricing. These producers will...Ignored