Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
I'm still very long-term bullish on the uranium market. However, in the short-term, I'm slightly more bearish. I believe that people are going to start taking profits following the major move up in uranium prices.
My plan for taking profits is to sell a portion of my uranium holdings into strength and then cycle those profits back into the position when the time is right. I believe that this is the best way to maximize my returns in the long run. So, what should investors do now? If you're long-term bullish on uranium, I recommend holding your position and taking profits into strength. If you're short-term bullish on uranium, you could consider selling a portion of your position and buying back in on a pullback.Overall, the uranium market is still very long-term bullish, but investors should be aware of the potential for short-term volatility.
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