Uranium Supply Squeeze: Articles explain backdrop, mechanism, and forecast for this Squeeze Event

Hello All – We have a newly developing supply squeeze for the most precious Renewable Energy Fuel of all: Uranium.

Price of Uranium has skyrocketed 30% in the last month and show no signs of slowing down. One company alone by the name of "Sprotts" is responsible for most of the 30% run up. ONE company.

Their thesis is simple: buy up all the available uranium – which is in very low supply – and store it until they can force Utilities to buy the fuel at a much higher price.

These two articles provide good information about this scenario unfolding and why one company alone has been able to move the market for this limited commodity.

Article from Financial Times

https://www.ft.com/content/624e3ac6-ffb0-49ee-959f-e59c27e96c80

Article from SP Global

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/uranium-trust-pits-ambitious-investors-against-nuclear-power-industry-66492181

I have traded uranium etfs multiple times for profit – am also holding long term in retirement account