IKN

Every why hath a wherefore

A reminder for the ‘all metals are bullish’ brigade

Even to get back to a pretty mediocre U$40/lb, the spot price of the buggy whip metal (you probably know it by its formal name of uranium) needs to rise by 50% from here.

“Yeah but U doesn’t count, Otto.”
“O RLY! Why not?”
” Because whurglegurgle japanfukushima chinabildeburg longtrrrmcontract athabasca, stupid Otto”.
“Yup, you’re right again.”

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