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Uranium Is Up Over 60% In The Past Month! Here's Why | John Ciampaglia, Sprott CEO On Nuclear Energy
Suddenly, uranium is in the spotlight -- it's price has jumped by over 60% in the past month.
When I asked on this program last week if you viewers had interest in hearing an update from an expert on the uranium market, you answered with a resounding YES!
So, in this video, we sit down with the man whose fund just moved the market by buying 10 millions pounds of it in the past few weeks.
John Ciampaglia is CEO of Sprott Asset Management. His firm focuses on providing the retail market with opportunities to invest in real assets, and it has been in the news of late with the launch of its new Sprott Physical Uranium Trust -- which many attribute to the recent price spike in yellowcake uranium.
We discuss the current state of nuclear power in the global energy mix, the uranium market, the opportunity it offers investors, and the prospects of the uranium miners. We also touch on new technologies transforming the space, as well as the potential for new types of nuclear energy in the future including thorium-based and fusion.
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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