March 4, 2024 - The Gold Advisor

Jeff, Peter, Jenn and our new marketing manager Victoria will be at the Metals Investor Forum this month—hope to see you there!

Uranium: Staying Long

From The Maven Letter: 28 February 2024

The spot price of uranium dropped 10% over the last two weeks…and some investors freaked out.

I am not freaking out. In fact, I’m using this pullback to buy more uranium exposure. Let me explain why

Uranium doubled in price over the last year because there is not nearly enough supply to meet demand. The market is also being split into two halves, east and west, and that is making the supply gap worse, especially for the west, where production is lower and demand keeps ramping higher.

Canaccord just issued a report called The State of the (Nuclear) Union in the United States, which summarizes all the legislative and financial supports for nuclear underway across the country. Federal legislation has gotten fair coverage already – major support for nuclear fuel and power in the Infrastructure Investment and Jobs Act of 2021 and the Inflation Reduction Act of 2022, for instance – but there has been a lot of pro-nuclear movement on the state level as well. Below I’ve listed some – not all, just some – of those.

Virginia: new legislation promoting nuclear power, de-risking project permitting, and establishing a Virginia Nuclear Innovation

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By the way you (Peter) are one of three persons who I owe them a big big thanks for their systematic approach , transparency great analysis and great forecast for future.

– Firas A-H

Thanks so much and I really appreciate your coverage of things. I’m starting to make some real money and you/Jeff Clark are big reasons why. Sincerely and with thanks,

– Jeff D

Dear Peter, dear Jeff’s two X, First of all, thank you very much for your professional, enthusiastic, and at the same time insightful work. I’ve been reading your articles for about two years now and I’ve noticed and continue to notice how good you are in my portfolio. What do I mean by that? Until now, I was used to searching for, evaluating, and then buying the smaller explorers myself. Since I’ve been on your site almost every day, and my risk portfolio now consists of about 40% of the stocks you present and manage, it’s a sign of the quality you deliver, and I’m happy to add it to my portfolio. You fulfill three important points of my assessment of “other opinions and research”: 1. You are invested in your stocks yourself, some more than others, but still invested! 2. It’s transparent that you receive money from some of the miners for your work, and if not more, then it’s also transparent and fair! 3. You have tremendous knowledge, great enthusiasm, dedication, and a very good information-gathering base. I greatly appreciate all of this from afar in Germany!!! So: please stay healthy and hopeful for a long time to come and keep it up!!! Warmest regards from Hamburg, Bernhard M. p.s. this email says it all:)

– Bernhard M.

Thank you so much for your timely responses, incredible insight and research! I have been putting it all to good use. Sometimes I have to pull myself away from reading your analysis to attend to my day job, although this is much more fun!!

– Ed M.

Thank you very much, Mr. Jeff Clark. I appreciate all your efforts. I have benefited a lot from your lovely search about the stocks in your newsletter. It might be risky, but God knows it is really well researched, calculated risk of miners that paid unexpectedly well enough by time. Thanks a million.

– Khaled A.

Greetings from the Netherlands. I just wanted to tell you I really like your content. It greatly helped me become a better PM mining investor. Please send this message to your team.

– Laurens

There are few people in the gold mining space with the honesty and integrity as Jeff Clark. Highly recommended!

– Aaron G

I’ve enjoyed the Silver Stock Investor and Paydirt subscription. Since coming on board a couple months ago, I’ve challenged myself to do my own research on Gold and Silver Junior Miners that I want to own for 5 to 10 years and compare my findings to your letter. I’ve looked at over 30 companies and explored their properties, financials and management teams. It was all a waste of time! The eight companies that I found very attractive are all recommended in your portfolios. Thank you for making great suggestions. I will have confidence in what you publish going forward.

– Eric B.

Kudos to the whole team for the great work and expanding services on the site. Congrats. The bottom line is a huge thank you to both of you for providing tools and resources to help retail investors like me make a more INFORMED and EDUCATED assessment of investment opportunities. With gratitude,

– Grant W.

I loved your book, Jeff. Well done. I have been a stacker for ten years now and only started the mining stocks the past year and why I enjoyed your book. Peter’s Silver Bull was also great as well. My son and I follow you all and your podcasts. Thanks again.

– Nick B