Dear ,
Daniel spoke with probably one of the best stock pickers in the
world, Marin Katusa, the Chief Energy Strategist for Casey Research.
The best opportunities and the biggest gains come from buying in
bear markets, because in order to sell high, you have to have the
courage to buy low.
For those really looking to profit, you have to seek out hated
sectors. Right now the most hated sector of all is uranium,
accounting for nearly 20% of U.S. electricity.
Currently uranium mining companies are producing uranium on average
for about $65 a pound and selling it for $29, the math here just
doesn't work.
With Japan reversing their 2011 decision to phase out nuclear, and
demand from the U.S., China, and India growing, the question is not
"if" uranium goes up, but "when."
Marin and I discussed one of the lowest cost producers, a producer
who was smart enough to scale back production dramatically so that
they won't go the route of other producers and sell their resource
at a loss, instead they plan to wait until market prices for uranium
correct upwards.
The company Marin is loading up on right now is
Uranium Energy Corp. (UEC). Even after rising 61% in the past
week, Marin thinks the ultimate short squeeze is upon us and we
should see UEC north of $2 a share in the next 2 months!
