John Cash of Uranium is one of the foremost advocates of the uranium industry, and the recent spike in projected demand for uranium has only improved his outlook of the commodity’s potential. Cash has predicted that uranium will likely continue to enjoy considerable growth, but in an interview with Fear & Greed, he warned investors to expect tremendous volatility in the coming weeks and months.
On the subject of uranium’s outlook, Cash said optimism abound as demand rises, particularly from nuclear power plants, who are looking to capitalize on the commodity’s low cost and long-term stability. Thriving nuclear plants throughout the world have already demonstrated the viability of uranium as an energy source, and Cash believes that the prices could rise significantly in the short-term as more investors rush in.
According to Cash, improved demand from emerging markets could spur considerable growth for the commodity. He expects growth in countries like India and China, where nuclear-plant operators are looking to capitalize on uranium’s low cost and high-tech utility.
However, given the tremendous upheaval in the energy market in the past couple of months, Cash believes that it’s unlikely that uranium will remain at low-cost levels for too long. He warns investors to expect tremendous volatility, citing the recent jump in oil prices as a good example of how quickly things can shift in the energy market.
That said, Cash is still bullish on uranium’s long-term prospects and he believes that the coming months should see further upwards compression. He recommends that investors stay ahead of the curve and not wait too long before putting money into uranium.
Overall, John Cash of Uranium asserts that the commodity’s future looks bright, and that it has tremendous potential for growth. However, he believes that due to the fluctuating nature of the energy market, investors will need to prepare themselves for tremendous volatility.