URA - Uranium's Stealth Upward Trend
Editor's note: Originally published at tsi-blog.com on March 4, 2019.
It's likely that by the middle of the next decade, most new cars, trucks and buses will be Electric Vehicles (EVs). As a consequence, it's a good bet that over the next several years the demand for both gasoline and diesel will shrink dramatically while the demand for electricity (to recharge EV batteries) experiences huge growth. Part of this demand growth will be satisfied by nuclear power, which is why uranium is an indirect play on the EV trend.
The uranium price might have begun