Trump and Uranium

Is Trump a layer of icing on our yellow cake or something else?

If Trump is successful (no reason to think otherwise), then his admin will likely send uranium stocks to new highs:

Part of Trump’s plan:

ACCELERATING NEW NUCLEAR ENERGY PRODUCTION: President Trump is leveraging the full suite of Federal financial resources to support the restart, completion, uprate, and construction of nuclear plants.

The Department of Energy will prioritize the facilitation of 5 GW of power uprates to existing nuclear reactors and construction on 10 new large reactors by 2030.

Federal loans and loan guarantees will be prioritized to support increased nuclear energy, including restarting closed nuclear power plants and completing construction of prematurely suspended plants.

The Order tasks the Secretary of Energy, in coordination with the Administrator of the Small Business Administration, to prioritize funding for companies with potential for near-term deployment of advanced nuclear technologies.

This is all wonderful, but to us it is a layer of icing on our bullish view on uranium.

In essence, there were already big supply shortages looming without Trump’s latest uranium push as outlined in this brilliant discussion with Mike Alkin. We encourage folks to listen to it.

Note this discussion took place almost 2 months ago, well before the latest Trump uranium announcement:

Uranium stocks are back to where they were trading in 2021. That’s four years and nothing to show for it! And for those folks who brought in mid-2024, almost 50% downside at one stage.

It’s been one hell of a long hard trade.

Yes, we will make good money out of the uranium trade by the time we pull the pin (at least another five years away), but we will have for sure earned every cent.

🔴 Haven’t read the latest Insider?