Uranium Soars as Oil & Coal Crash | Resource Heads Ep. 68

This is a weekly commodity market overview for the 22nd week of 2023 that covers May 29 - June 2.

In this episode of Resource Heads, I talked about the debt ceiling "crisis" being resolved, the US jobs data, and China's manufacturing PMI as well as what those mean for the commodity space.

I also talked about copper, coal, natural gas, oil, and uranium.

Uranium is the best-performing commodity on a YoY basis, and the only energy commodity in the green on a YoY basis, which is why the title says that uranium is soaring while other energy commodities are crashing.

Coal, for example, is down nearly 70%, while natural gas is down almost 75%.

As always, I was also joined by GoldDiscovery founder Luc ten Have for the junior market overview.

His platform https://golddiscovery.com is a great tool for natural resource investors.

Please understand that the information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. It is also worth what you paid for it. If you’re not paying for the product, you are the product. Expect seeing advertisements – which will be verbally disclosed – in this video. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital.

Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Especially if they have orange hair and no experience (me).

Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. Reality often varies from people’s expectations. Managements like over-promising and under-delivering. If a manager was speaking in here, beware. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Company’s Annual Information Form, which is available on www.sedar.com. Reading the full disclaimer on the disclaimer page on this website is mandatory.

Timestamps
00:00 Skipping intros is for the weak
02:40 Debt ceiling "crisis" resolved
04:30 May jobs report "robust"
13:20 China PMI data not great, but ok
20:10 Energy commodities keep falling
24:50 Uranium soars
37:21 Junior market overview
57:03 New tech

Видео Uranium Soars as Oil & Coal Crash | Resource Heads Ep. 68 канала Resource Talks