The Inflation Myth by Mark Mobius

[SOL]

Unless a new energy source is discovered, we suspect that all the governements will pull a U and start to promote nuclear as the new green energy. If all the obstacles that are placed in the way of building New nuclear plants are removed. I suspect one could be build in under four years if AI and the best of today's technology is used.

Thinking this through. I think you'd need an act of congress preventing lawsuits. Something like the Cessna deal or vaccines where you can't sue them at all. Otherwise what private industry would EVER build a nuclear plant ever again? Plus they need to cram the nuclear waste facility at Yucca mountain down Nevada's throat. Nevada voters won't accept it without some sort of federal mandate.

It is amazing how fast the wenches in congress can act when they are paid enough. If this is what the big players won't all the necessary accomdations will be made to make Nuclear the New Green Energy

[AstuteShift]

And the viola when it looks like the situation is so terrible for the poor (and many fall into these ranks), universal income will be introduced and the masses will think this is like mana from heaven and when they accept it they will have to sign away many rights. In essence, they will be signing away almost all their rights in order to receive this income for life. Imagine the data pool the big players will now have to experiment on. This will go on until AI gains control/consciousness and then a new world order will come into play

Examining how little humans have evolved in terms of higher levels and decency, etc, it seems that there is an above 70% chance that AI will cull some parts of the human race.

So sad that the masses turn into whores with money instead of seeing for what it is, a tool and a lousy one at best.

[langdj]

I always tell my kids I will be "one of the last" to be on universal basic income of have my job done by AI. When the masses are on the payroll they will not resist tyranny from the boss. Because of this I don't like getting things for free. It corrupts the mind into expecting handouts with no effort.

For example, my son's girlfriend has some very generous, affluent parents. They are always vacationing and are willing to pay for plane tickets for my son to come along. I am very thankful for their offers but tell my son no unless we pay for his tickets. Our vacation budget cannot compete with theirs so he is out of luck


Obviously he is not happy with that but I hoping they grow up not expecting hand outs either.

[SOL]

I always tell my kids I will be "one of the last" to be on universal basic income of have my job done by AI. When the masses are on the payroll they will not resist tyranny from the boss. Because of this I don't like getting things for free. It corrupts the mind into expecting handouts with no effort.

For example, my son's girlfriend has some very generous, affluent parents. They are always vacationing and are willing to pay for plane tickets for my son to come along. I am very thankful for their offers but tell my son no unless we pay for his tickets. Our vacation budget cannot compete with theirs so he is out of luck


Obviously he is not happy with that but I hoping they grow up not expecting hand outs either.

There is a good chance if he does not let anger overrule his senses, that he will appreciate what you have done for him in the years to come.

As one wise man once stated I am not rich enough to accept free things

There is no such thing as a free meal, free meals usually taste terrible and end up costing 3X to 10X more over the long run.

[Triplethought]

I always tell my kids I will be "one of the last" to be on universal basic income of have my job done by AI. When the masses are on the payroll they will not resist tyranny from the boss. Because of this I don't like getting things for free. It corrupts the mind into expecting handouts with no effort.

For example, my son's girlfriend has some very generous, affluent parents. They are always vacationing and are willing to pay for plane tickets for my son to come along. I am very thankful for their offers but tell my son no unless we pay for his tickets. Our vacation budget cannot compete with theirs so he is out of luck


Obviously he is not happy with that but I hoping they grow up not expecting hand outs either.

I personally would compromise and pay for his plane ticket and allow them to pay for meals/hotels. Of course, depends on how old he is and if the parents are responsible.

[Mindie333]

Perhaps, you would consider this situation from an energetic stand point. There is an exchange which takes place between your son and his girlfriend and her parents. They may enjoy having him accompany them since his energy helps bring joy to his girlfriend/ her family. In exchange, they are willing to exchange a different form of energy (money) to have him travel with them. Hence, there is an exchange of energy for a different form of energy.

I grew up middle class, but as an only child, sometimes my parents would allow me to bring someone on vacation. They weren’t elaborate but it was fun to have a friend travel with me at times.

[Yodean]

If you want to play it with an ETF, have a look at URNM, a better proxy than URA which has some companies in it that have nothing to do with uranium mining. Or use their holdings to make your own basket, the market is now very concentrated in just a few names.
(In case it wasn't clear from my enthusiasm, after doing my due diligences several times, uranium is my one of my highest conviction asymmetrical bet.)

@nicolas: agree that URA has too many losers, URNM is better; wanted to ask if you had any thoughts on URC.VN (it's small, but seems somewhat unique in that it follows the royalty streaming model) - had gotten in last year when it was trading around $1 but took profits a bit too early; I want to re-establish a position as it looks like it has extremely high asymmetry, but currently looks overbought and expensive;

also, which of the following companies do you like or dislike:

KAP National Atomic Company Kazatomprom JSC Sponsored GDR RegS

CCO Cameco Corporation

U Uranium Participation Corporation

DML Denison Mines Corp.

1164 CGN Mining Co. Ltd.

PDN Paladin Energy Ltd

NXE NexGen Energy Ltd.

EFR Energy Fuels Inc.

YCA Yellow Cake Plc

UEC Uranium Energy Corp.

*disclosure: I have a HODL position in Cameco.

Thanks!

[nicolas]

@Yodean: it's more a call on the sector as a whole for me, I don't think I have any edge in picking particular names, so I built a basket in 2018 - 2019 that covers the physical commodity (U), a large producer (CCO), smaller producers (BOE, URG, UUUU, PDN), and more speculative explorers (NXE, DYL, BMN, FCU) for lack of a good ETF at the time. Had URNM existed then, I would have probably gone with it as a core holding plus a few speculative plays.
I like the royalty & streaming business model, it's been performing very well in the PM space. My uranium position has become fat already so not looking to add to it for now, but URC is a name I would be interested to buy during a fire sale, as a long term holding.

[Yodean]

@Yodean: it's more a call on the sector as a whole for me, I don't think I have any edge in picking particular names, so I built a basket in 2018 - 2019 that covers the physical commodity (U), a large producer (CCO), smaller producers (BOE, URG, UUUU, PDN), and more speculative explorers (NXE, DYL, BMN, FCU) for lack of a good ETF at the time. Had URNM existed then, I would have probably gone with it as a core holding plus a few speculative plays.
I like the royalty & streaming business model, it's been performing very well in the PM space. My uranium position has become fat already so not looking to add to it for now, but URC is a name I would be interested to buy during a fire sale, as a long term holding.

Thanks! Very useful data. I am planning to wait until the USD rally materializes, whenever that might be, and then buy more uranium assets. Just HODLing Cameco for the time being.

[stefk]

https://www.home.saxo/content/articles/ ... 1-26012021

In the past 227 years of recorded market prices, the world has witnessed a mere six commodity bull markets. The Saxo Stats team fully expects 2021 to mark the beginning of the seventh.

important fact ,the rise of India. By 2030 it will have a population of nearly 1.5 billion people, with more than half under the age of 30. That young demographic profile is a huge contrast with China, where the labour force is already shrinking from the legacy of the one-child policy. Between now and 2030, India will take an increasing portion of world resources.

[stefk]

I am planning to wait until the USD rally materializes, whenever that might be, and then buy more uranium assets. Just HODLing Cameco for the time being.

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Whenever that might be, will that say that you are not sure of it? if you doubt of it, I can guarantee you that a screaming buy is a quasi certainty.......

[SOL]

The dollar is very close to putting in an intermediate bottom. Once that bottom is in, the USD should rally to the 92.70 to 93.70 ranges with a possible overshoot to 94.50. ideally, that rally should appear to fail, meaning that the bulk of the gains should be lost. This is usually the trick the big boys use to kill the early bulls, as long as the dollar does not close below 89.00 on a monthly basis, the pattern will remain bullish. Then when all looks gloomy the dollar should mark a stunning rally and then we will see how well commodities hold up. If they hold up well it means that we are moving into a new paradigm when the dollar and commodities can rally hand in hand. But BTC is likely to undergo a brutal correction sometime this year and I would not be surprised if it sheds a minimum of 50% of its gains from its high to as much as 70%.

[AstuteShift]

The dollar is very close to putting in an intermediate bottom. Once that bottom is in, the USD should rally to the 92.70 to 93.70 ranges with a possible overshoot to 94.50. ideally, that rally should appear to fail, meaning that the bulk of the gains should be lost. This is usually the trick the big boys use to kill the early bulls, as long as the dollar does not close below 89.00 on a monthly basis, the pattern will remain bullish. Then when all looks gloomy the dollar should mark a stunning rally and then we will see how well commodities hold up. If they hold up well it means that we are moving into a new paradigm when the dollar and commodities can rally hand in hand. But BTC is likely to undergo a brutal correction sometime this year and I would not be surprised if it sheds a minimum of 50% of its gains from its high to as much as 70%.

I wonder if the dollar will challenge its super old highs (120), probably if there is an AI war with China or rates raise for a moment before they go back down again

[Yodean]

°°°°°°°°°°°°°°°°°°°°°°°
Whenever that might be, will that say that you are not sure of it? if you doubt of it, I can guarantee you that a screaming buy is a quasi certainty.......

Lol, you're probably right - it appears I am my own contrarian indicator when it comes to the USD. As a long-term USD bull, the fact that I was starting to experience temporary moments of doubt probably means the USD has mostly bottomed and is ready to rally a bit.

[AstuteShift]

How ironic, yet the masses will refuse to believe this