Market News: Uranium Power

October 18, 2021, 10:52 am EDT

Uranium Power

While many people are excited about cryptocurrency with its coming first ETF (BITO) to the market with Bitcoin above $60000, we are more interested in an old technology: nuclear or uranium power. 

We did a trade CCJ earlier this year with +25% profirs. Moreover, we keep investing in nuclear energy and its material uranium:

As its ETF URA shooting up again +6% today, our new portfolio members (CCJ) since last week also quickly reach +17% unrealized profits now. We believe that uranium and nuclear are still in the early stage of rally so we keep holding them. 

The reason is very simple: energy. alternative energy, green energy are the main themes for 2021 and 2022 confirmed by the rising energy prices and energy shortage worldwide. Its future looks bright.

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