Folks, let me ask you a simple question: Are you worried about what's happening in the world? Between a potential global conflict in the Middle East, a shaky economy here at home, a looming Presidential election, and a possible worldwide currency crisis, it’s enough to make even the most seasoned investor nervous!
Fear and uncertainty are in the air. And, as any savvy investor knows, THOSE are the times you NEED to have gold in your portfolio. My friend Jim Rickards, the author of The New Case for Gold, has been warning us for years that the dollar is on shaky ground. He sees a world where the US Dollar is no longer the world's reserve currency.
In his latest article, aptly titled “The Biggest Monetary Shock in 50 Years,” Jim explains why the rise of BRICS nations poses a real threat to the US dollar's dominance. Click here to see his full analysis.
Jim believes that these nations are on the verge of launching a new currency backed by gold. This is BIG news, folks. It could send shockwaves through the global economy and trigger a MASSIVE surge in gold prices.
And he's not alone. My good friend Peter Schiff, who warned us about the 2008 housing crisis, believes gold could hit $10,000 an ounce in the coming years.
And Chris Johnson from Money Morning agrees. He says gold is in the middle of an “Election Year Surge” that is likely to run until at least December. But he thinks the party is just getting started!
So, should you BUY gold?
Absolutely. I own physical gold and recommend you do too. It's the ultimate safe haven asset, a store of value that has protected wealth for thousands of years.
But for those of you looking for even BIGGER upside potential, I want to show you an EVEN BETTER option: Cameco Corporation (CCJ)
Cameco Corporation (CCJ): The Uranium Play for HUGE Upside
Cameco isn't just ANY mining company. It's the world's largest publicly traded uranium company. And uranium, as you know, is the fuel that powers nuclear reactors.
Now, uranium might seem like a boring commodity, but trust me, this is where the REAL action is about to be. Remember, AI needs TONS of energy.
As Chris Johnson points out, the amount of power that AI is consuming today is equal to the energy needed to power three cities the size of New York City! Think about that for a second.
And this problem is only going to get WORSE!
And what's the only REAL solution?
Nuclear Power!
It's clean, efficient, and, most importantly, it can generate the vast amounts of energy that our AI-powered future needs.
And Cameco is the BEST way to profit from this mega-trend.
What About Those “Small Modular Reactors?”
Now, I know some of you are thinking: “But what about those SMALL MODULAR REACTORS that are all the rage right now?”
My friend Ian Wyatt from Wyatt Investment Research believes these SMRs are “the key” to California’s AI boom. He says that the Diablo Canyon nuclear power plant, which was slated to be shut down, is receiving a new lease on life. And it could become the energy hub for the entire Silicon Valley! He points to companies like NuScale Power (SMR) and NANO Nuclear Energy (NNE), as two players developing smaller reactors for this market.
He's right. The SMR space is HOT. But it's still early, and there are lots of competitors. Cameco, on the other hand, is ALREADY the dominant player in the uranium market. They're the supplier that ALL nuclear power plants, from the massive ones to the smaller ones, will need to buy from.
With more and more power plants coming online, demand for uranium is set to skyrocket. And Cameco is ready to capitalize.