Uranium has an underlying strongly bullish trend, Lobo Tiggre, CEO of Louis James and editor of the Independent Speculator, told viewers on his debut appearance on Real Vision’s Trade Ideas.
“The most important thing to have in clear in your head about this is that uranium overall is in a bull market,” Tiggre said. “We’ve seen a series of higher highs and higher lows since 2016.”
As well as this strongly bullish overall trend, uranium stocks also have a potential bullish tailwind on the way. While President Trump declined to issue quotas for domestic uranium