Energy security is at the top of the list of global worries – and uranium is becoming the number one solution around the world. Uranium shares are rallying in response, write Mary Anne and Pamela Aden, editors of The Aden Forecast.
The White House signed an executive order aimed at pushing along domestic energy projects, with nuclear included – and it sent a big message. In today's world, the goal is about building reliability and resilience because this means strength and, therefore, control.
Nuclear energy does what no other energy source can. It's about 8,000 times more energy-dense than fossil fuels, and it runs almost around the clock. With US nuclear plants operating at a 92% capacity factor, it makes them twice as reliable as natural gas, and three times more reliable than wind or solar.
This is why the US is turning back boldly to nuclear power. Nuclear energy is also growing around the globe. Canada, France, the UK, and China are all on board with the nuclear revival, and it could ignite a global nuclear race. Most importantly, it's about energy security and not about weapons.
Our positions are doing great, with our targeted picks at new highs, including the Global X Uranium ETF (URA).
