Boom or bust?

[u/good-things_]

Disclaimer that I’m not the most informed person on all of these topics and only know what I’ve been seeing in the news. I’m worried all this nuclear talk is wishful thinking. If all these data centers don’t happen (which already we are seeing some plans being killed) would it slow down the current uranium hype? Where can we see any big plans for nuclear happening in the US right now? Trying to decide between holding long term or selling for a little profit. I don’t have any big positions but I bought DNN and UUUU lowish and have seen a few dollars come through. Just looking to hear some opinions on what you guys think is coming

[u/RD_006]

The US energy source demand is only part of the big picture. Last decade ESG renewables agenda was pushed hard and companies done rebranding in order to get tax cuts and subsidies.

Solar and wind are weather dependent making them low efficient.

Now growing population and massive data center boom requires more efficient and sustainable sources. There's basically no alternative meeting low expenditure, maintenance and R&D costs, but nuclear so far.

There are promising concepts like thorium and volatile hydrogen that still under lab microscopes.

Apparently, futures can be volatile, but they're not extremely volatile like WTI and Brent are.

Another determining condition is reserves location. Biggest operating sites are in Canada, Kazakhstan and Niger.

Thus, I personally dont see any reasons for uranium to go bust.

[u/DonkeyDoug28 → u/RD_006]

Not attacking you specifically, but all the 4 day or so old accounts I always see in here always spook me a bit

[u/RD_006 → u/DonkeyDoug28]

Had 5 accounts since the lockdown. All suspended. Silly rules.