Uranium Deep Dive
|Uranium just hit new 13-year highs. It’s been one of our portfolio’s biggest winners at a ~6x return on our initial risk.
However, we believe uranium is in the early innings of a long bull run fueled by stagnant to declining supply and insatiable demand from price-agnostic utility companies.
Uranium isn’t like other commodities like copper, nickel, or iron, where demand depends entirely on how China’s feeling that day. Demand comes from opex-driven utility companies.
These companies provide millions of people with baseload power to keep the lights on. They have no choice but to keep the power plant running. And since uranium is a small cost in their operations, there’s no incentive to negotiate a lower price. They simply pay what’s quoted.
Honestly, There’s no other commodity with strong supply and demand dynamics on the market today.
So, to show you what the Macro Ops Collective is all about, we’re giving you access to our Collective-only 41-page Uranium Industry Primer so you can get up to speed on one of the most asymmetric trades out there.
We do deep work to develop the conviction to hold through the inevitable drawdowns. The best part is that we can repeat this process with similar supply/demand dynamics with every commodity. For example, we just published one on Tin (still Collective members only) and have another one in the works that NOBODY on Twitter is talking about.
In fact, it reminds us a lot of uranium.
We hope you take the step and join our community of ruthless profiteers. A group of traders desperate to get a little better each day. All while having a hell of a fun time along the way.
Click the link below to join the Collective. Spots will fill up fast as we only take a handful of new traders/investors each year.
JOIN THE COLLECTIVE
We can’t wait to see you in there.
|Your Value Operator,