Even I'm not clear on what's going on with the sudden jump in Gold prices. Nobody I work with even seems to know why the stock market just suddenly started exploding.
I'm a bit worried that we are looking at some kind of disinflation (a "Melting Up" scenario).
Something is wrong, and our measurement systems are far too corrupt to tell us what's actually happening.
With all inflation hedges going up in price I'm wagering that a lot of central banks are buying up gold and crypto because even at ~$2200 and ~$70000 they consider that to be cheap. The same can be said of uranium at the moment where a $100 spot price is the highest its been but still not enough to entice sea water extraction of uranium, for example.
Even I'm not clear on what's going on with the sudden jump in Gold prices. Nobody I work with even seems to know why the stock market just suddenly started exploding.
I'm a bit worried that we are looking at some kind of disinflation (a "Melting Up" scenario).
Something is wrong, and our measurement systems are far too corrupt to tell us what's actually happening.
With all inflation hedges going up in price I'm wagering that a lot of central banks are buying up gold and crypto because even at ~$2200 and ~$70000 they consider that to be cheap. The same can be said of uranium at the moment where a $100 spot price is the highest its been but still not enough to entice sea water extraction of uranium, for example.
Is there a trustworthy uranium etf?
URNM seems pretty on the ball. I also like URNJ managed by the same people, but focused on junior mines