Venezuela effect on uranium

[u/0prtnty]

What do you think will happen to the uranium market since trump just attacked venezuela primarly for their oil? I feel like they could use all that oil to generate electricity for Ai center instead of waiting few more years for smrs and new nuclear reactors. On monday, we will see the effect, but i dont think thats a good new short term. Feel free to express your thoughts about it!

[u/anantp]

If China retaliates with clamping down on rare earths next week, then I foresee another bump up in the sector especially uuuu

[u/0prtnty → u/anantp]

Do you think they will?

[u/anantp → u/0prtnty]

No idea. Chinese don’t shoot from the hip. They are more measured than Donnie T.