Hoo boy… Last Wednesday, we saw an unprecedented smackdown of the world’s most powerful oil companies. Folks in the mainstream press are calling it “Black Wednesday”… a reference to the devastating Black Monday stock market crash in 1987. But what’s bad news for oil is good news for other energy sources. As you’ll see today, one of the oil alternatives to keep an eye on is an even more unpopular commodity – uranium. In fact… colleague Nick Giambruno says uranium is the highest-upside, lowest-downside speculation you can make right now in the natural resource sector. First, a quick catch-up on the events of last Wednesday… A court in the Netherlands ordered oil giant Royal Dutch Shell (RDS.A) to cut its carbon emissions in line with the goals of the 2016 Paris climate agreement. It’s the first time a court has enforced this voluntary agreement among 197 nations to move away from carbon-emitting fuels such as oil and coal. And that wasn’t the end of the pain for Big Oil… Shareholders at Chevron (CVX) voted 61% in favor of a proposal to force it to cut its carbon emissions. And an activist group of shareholders called Engine No. 1 appointed two new directors to ExxonMobil (XOM)’s board against the wishes of management. Engine No. 1 owns only 0.02% of Exxon’s shares. But it won the backing of the three largest investment firms in the U.S. – BlackRock (BLK), the Vanguard Group, and State Street (STT). BlackRock, the world’s largest money manager, said it joined the shareholder revolt because of its frustration with Exxon’s refusal to take climate change seriously. That it joined with activist investors shows times are changing for Big Oil. And Moody’s Investors Service, one of the three biggest credit rating agencies, said the shareholder vote foreshadows similar results in future board elections at other U.S. oil companies. Recommended Link | What Biden Said Will Shock You… President Biden recently admitted he will make an earth-shattering move… That could damage the savings of millions of Americans practically overnight. The reason is simple: Right now, Silicon Valley tech giants are using a little-known loophole… That may be the single biggest factor of their unprecedented growth… Yet, potentially days from now… Biden could forever close this loophole on huge Silicon Valley giants. Most Americans don’t know about this. Let alone the impact it could have on their investments. But thanks to a shocking (and urgent) message from one of America’s top crisis analysts, Nick Giambruno, you can get all the details in his brand-new video. |
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It’s part of the fourth great energy shift that’s underway… The first shift was when humans started burning wood to cook on and warm themselves with. This gave us energy-rich food. And it allowed us to survive harsh winters. The second shift was when animal power allowed us to farm at scale and paved the way for settled societies and large cities. The third shift was when we entered the Industrial Age. Fossil fuels such as coal, oil, and natural gas powered the transition. Now, during this fourth shift, we’re moving from fossil fuels to fuels that don’t drive climate change. Solar and wind are the best known of these new energy sources. But uranium – the key ingredient of nuclear power – will also play a crucial role… The U.S. aims to cut its carbon emissions in half by 2030… To get there, the amount of electricity it generates from clean sources needs to double. Nuclear reactors are the top producer of clean energy in the U.S. So it’s impossible to rely only on solar or wind power to meet the demand. I’m sure many climate activists don’t like this. Uranium isn’t just the densest energy source known to man… It’s also the most controversial. Take it from Crisis Investing chief analyst Nick Giambruno… People don’t like uranium. It’s politically incorrect. Some hear the word “uranium” and think “cancer.” Many get emotional because of its association with Hiroshima, Nagasaki, Chernobyl, Three Mile Island, and Fukushima. Uranium is the world’s most hated commodity. But nuclear power is a lot safer than people think. Dump Gold, Buy Bitcoin (And This?) A reactor partially melted down at the Three Mile Island nuclear power station near Harrisburg, Pennsylvania, in 1979. The power station’s security system kicked in and prevented a more serious incident. And despite what anti-nuclear activists claim, studies analyzing cancer in the area surrounding the reactor show no statistically significant increase in cases. The average dose of radiation for someone living within 10 miles of the plant after the accident was just 1/625 of the maximum yearly amount permitted for U.S. radiation workers. And in the case of the Fukushima nuclear accident in Japan in 2011, an earthquake and a tsunami pummeled a crappy old nuclear power plant head-on. The electricity supply shut off… and the reactors began to melt down. But as far as we know, there hasn’t been single case of someone getting a lethal dose of radiation from this incident. Fortunately, Nick doesn’t care about being politically correct. (If he did, he wouldn’t have a place on the Legacy Research team.) He’s been helping our Crisis Investing readers profit from the nuclear power opportunity since 2016. He added uranium miner Uranium Energy Corp (UEC) to the model portfolio in December 2016. Since then, it’s up 206%. And two other uranium mining stocks in the model portfolio are up 101% and 134%. Recommended Link | ANNOUNCING: Teeka’s New Pre-IPO Opportunity On Wednesday, June 9th, at 8 p.m. ET, Teeka Tiwari will release details on an historic new pre-IPO deal that he believes could shrink your entire wealth journey down to just 24 hours. That’s only possible because this deal involves what Teeka calls a “pre-unicorn,” a startup that has the potential to go public and become a giant, just like Facebook, Uber, and Airbnb did. Former engineers and scientists from NASA, Tesla, and SpaceX developed a technology that’s set to disrupt a massive $293 billion industry. Don’t miss this pre-IPO deal. |
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The rally has really heated up over the past 12 months… The chart below is of the Global X Uranium ETF (URA). This exchange-traded fund (ETF) tracks a basket of uranium mining stocks. Over the past 12 months, URA is up 111%. That means it’s more than doubled investors’ money over that time. So it may seem like there’s not much room for uranium stocks to climb. But look at the same ETF going back to the Fukushima accident in 2011… Last year’s rally is hardly a blip on this chart. Despite this rally, URA is still 83% below its peak. That’s a great setup. Nick again… Right now, I can’t think of a commodity with more upside and less downside than uranium. While uranium stocks have started to take off recently, we’re still much closer to the bottom than the top. I’ll have more for you on the energy transition underway… and how you can profit… in future updates. Meantime, consider adding shares of the Global X Uranium ETF to your portfolio to capture the upside ahead. If URA just gets back to its 2011 peak, that’s a 487% gain from here. And with powerful Wall Street players joining in to pressure oil companies to cut their carbon emissions… expect uranium stocks to soar even higher in the bull run that lies ahead. In the mailbag: “I had tears rolling down my face as I read your Memorial Day essay”… In Monday’s dispatch, we brought you something different from our usual markets fare… With markets closed for Memorial Day, we turned to master trader and friend of the Cut Jeff Clark. He reflected on a visit to the American Cemetery in Normandy, France. It’s the resting place of thousands of young American soldiers who died storming Normandy’s beaches in World War II. Jeff’s thoughts moved your fellow readers… Deep gratitude for sharing your visit to the American Cemetery. TEARS! – William S. When I visited the American Cemetery in 2003, I was moved to tears. And when I stood at the top of Pointe du Hoc and saw the cliff the Rangers had to climb… Well, I will never forget what they did. There are no words eloquent enough to express my gratitude and awe. Thank you for your essay. It is good that we remember. I wish every American could have that experience, and could know better what they did and what they saved us from. – Marjorie C. Sincere thanks for your story about visiting Normandy. So timely, as we have folks here who want to cancel Memorial Day. What a spoiled people Americans have become. – Greg L. Jeff, you are a man after my own heart. I had tears rolling down my face as I read your Memorial Day essay. How sad that the French appreciate our sacrifice more than most Americans. I’d be willing to bet that most folks don’t even know the story, much less that it was in World War II. My father-in-law landed D-Day +5. It was a bloodbath. There were so many dead bodies in the water, they were too numerous to count. His platoon also opened one of the concentration camps. Talk about something that shook him to the core. He received several Purple Hearts and a Silver Star. At the end of the battle, they had to stand down and wait for General Montgomery and his troops to march into Paris and take the glory. Those troops were so angry, it is a miracle Montgomery wasn’t shot. At least the French know… – June M. What did you think about Jeff’s reflections on his visit to Normandy? Do you believe Americans properly appreciate the sacrifices of our soldiers in World War II? Let us know at feedback@legacyresearch.com. Regards, Chris Lowe June 2, 2021 Bray, Ireland Like what you’re reading? Send your thoughts to feedback@legacyresearch.com. IN CASE YOU MISSED IT… This is RIDICULOUS! Can you imagine investing just $1,000… And within 8 weeks, turning it into a $7,660 profit? Sounds crazy right? But that’s exactly the kind of gains you can see using the “Money Multiplier” technique. And it’s the kind of returns Jeff Clark has been generating throughout his 24 year career as a money manager where he ran a $200 million money management firm… Today he wants to share it with you. Watch this urgent bulletin to find out how you can start to profit in a matter of weeks. Show me the way! Get Instant Access Click to read these free reports and automatically sign up for daily research. |