Yellow Cake is Yummy
Uranium is gonna go to the mooooonnn! 🚀 thanks to open source LLMs 🤗.
If you don't know what I'm talking about or haven't been paying attention because AI is scaring the shit out of you.....here it is: Uranium is being pumped as the next AI trade. Why? Because AI is a massive electricity hog and to compensate for the huge burden soon to be put on the national electricity grid, nuclear power plants are being resurrected. And AI data centers are going to be built right next to nuclear plants as the image above depicts. The link above is my reference to the driving force behind this movement and it ain't just chatGPT. The link takes you to a massive AI open source community which is building open source software to make the AI systems better. And with millions of developers in the community, innovation is moving at a break neck pace. Damn I hope y'all have a hobby that entails manual labor because it'll no longer become a hobby but a very sought after field of work.....
I'm currently preparing a bundle of NYSE Uranium companies so that we can begin tracking money flow. Timing is so key here for managing risk just like in any other sector. So, getting in at the right time is so crucial to your body not creating ulcers 😃. What do I mean by that? Even tho the news is breaking about this now, the big money may not go in until next year or 6 months from now. So you could just be tying your money up for a long time for no reason. More to come later...
On another topic, the Uranium market has a lot of global players and I'm constrained to USA markets. C'mon y'all let's get that One Finger Zen 👇
UPDATE2 April 04, 2024: Goldman Sachs is pumping Uranium as well.
UPDATE3 April 06,2024: My original thoughts were accurate. CCJ which is the stock that Goldman Sachs is pumping in the link above, hasn't undergone any major buying since early 2022. In fact the only thing that happened recently was a ghost pattern 👻 indicating selling in February of this year (2024). Same thing with BHP. Nothing in terms of ghost patterns recently. NXE however is a different story. It underwent a huge buying frenzy between June 1, 2023 thru September 20, 2023. And just like CCJ it hit a selling patch in early 2024 (mid January to be exact). There's a ghost pattern 👻 that lit up then which is how I know the selling happened in mid January. Never the less, all three are in an up trend somewhat confirming the "news". But seeing the selling that happened in 2 of the 3 major USA Uranium companies early this year (2024) I'm guessing the real news was released then and the cheaters took profits from the 2 year up trend. This use case is exactly why you need a product like this. Thinking you know when it's good to get in ties your money and your brain up. But moving right after the big money moves gives you not only exact price levels to watch but also drastically reduces your risk of losses or FOMO (fear of missing out). ✌️