Joshua Hall: Uranium Series Part Ten: Uranium and Vanadium Demand Will Only Keep Growing
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Joshua discusses why like many resource investors he is bullish on uranium. He is beginning to see a lot of money preparing to go into the sector. The price is likely to return to the $40 to $50 level as large producers have reduced their production to get a higher price.
He discusses his macro view of the resource market. China bottomed out in 2014 and investors need to watch them carefully as they are one of the most important factors in the markets today. They still have four years of growth to go.
Time Stamp Reference:
01:13 – Joshua’s uranium perspective.
02:00 – Price levels and cutbacks.
03:30 – Focused on the Canadian Athabasca Basin.
05:30 – Overview of the resource sector and China.
06:40 – Double bottom before a major move.
07:00 – Three base metals that are good opportunities.
11:00 – Underlying fundamentals with China.
11:20 – Bullish on U.S. stock market.
12:50 – Vanadium outlook and predictions.