Did Sprott Just 'Hunt Brothers' The Market? Sprott Corners Uranium Market Ahead Of The Green Push

Sprott's uranium trust has been effectively trying to corner the market and has been buying massive sums of physical uranium. visit our sponsor https://www.uraniumroyalty.com/ TSX-V: URC | NASDAQ: UROY
This is putting a noticeable bid under a commodity that has been illiquid and forgotten about for the last few years.
“Uranium, the commodity used to fuel nuclear power plants, has surged to the highest level since 2015 due in part to a single fund aggressively cornering the physical market,” Bloomberg wrote a couple months ago.
the fund has continued to buy uranium and now holds more than 32 million pounds of it. The fund has a total net asset value of $1.59 billion.
Five major countries - Germany, Finland, France, Poland and the UK - have all announced intentions towards nuclear.
The U.K. said that nuclear power will be "at the heart" of Britain's strategy
Uranium Royalty Corp (UROY) which announced that it was taking a page out of the Sprott book and would expand its physical uranium holdings to 648,068 pounds.
When commodities are super-cycles, uranium enters a mega-super-cycle, so gold and uranium is a nice pair-trade.
Critical with uranium is the fact that the U.S. imports over 90% of what we domestically use, so Uranium Royalty Corp. and Uranium Energy Corp. keep pushing the government to make sure that in TX and in WY, they could operate and mine independent uranium, where we don't rely on foreigners.
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