After having a great 2016 in PM stocks (more in the tank) Zinc has finally moved after years of shortage talks. Another sector is awaiting.
Uranium is where the big money lies, and IMO it's a matter of timing.
I am watching as my bellweather URA - Uranium Miners ETF
Waiting a break of 16 dollars before i get excited, a 20-22 break would mean a full fledged bull market has begun.
View attachment 215627
Uranium on a 3 year base and long term MACD looks like its bottoming and soon to turn up
click to enlarge
View attachment 215628
Everyone has heard this all before, as the U market has been the most depressed and boring of all.
Most projections aim towards a supply shortage in 2018, lets see how forward looking the market is.
IMO we aren't more than 6months away from a turn. Watch the ETF URA for first 16 dollars and then 22 dollar break down from 140dollars i might add.
Uranium is the most hated market i know... its a matter of when, not if.. big money to be made here.
We should start compiling best stocks both on ASX and TSX.
(20min delay)
