Thursday, January 18, 2018 5:04:30 PM
Imagine this:
At least three banks have experienced issues with enormous trading volumes. Jan 2, 2018 was a disaster for the discount brokerage industry. It was not much better in the couple of days following either. Some are issuing apologies to their client base for the inconvenience. Oh wait. You don't have to imagine. This is already occurring. Stay with me on this.
Now think about this:
Once investment discussion board is having trouble handling the volume of posters on their Investment social media site. Their error message states that their engineers are working around the clock trying to fix it. I believe it but are they doing all they can with what they have? Are you still with me?
Investing/trading/and discussion boards has become a booming business and the success of this industry seems to be victimizing the industry itself. I wonder how much electricity this industry is going to need to fuel all the new computing capacity that will be required to keep trading running smoothly and discussion boards being available during trading hours. What will happen when the computers have adequate capacity but not enough electricity to run them? Oh sure, I don’t believe the full extent of the Bitcoin Power supply stories …
Bitcoin Power Consumption
…but there is no question that Bitcoin transactions do consume a lot of electricity. With the advent of an AI and EV revolution on the horizon I wonder what fuel the world will need to fulfill that requirement for increased capacity. Could it be Uranium? Ya think?
And yet, the price of uranium is not rising. Or, at least if it is rising, investors have no way of knowing what the price is because the Futures market is in a coma or, like a criminal, it is not talking.
Are we to believe that not one Uranium Spot contract closed since Dec 20, 2017?
Are we to believe that no one needs Uranium anymore?
Are we to believe that we should sell our Uranium stocks because no one wants Uranium?
Are we to believe that the Uranium that is being mined is simply vanishing into thin air or being stored at the producer’s warehouses?
Lots of questions.
When will the 'credible' people with this knowledge start providing us with answers to those questions?
When the answers are provided will there be so much excitement for Uranium investors that the computers will all come crashing down again?
Should we be investing in Uranium Stocks now or wait until everything comes crashing down? Or until the lights go out and we can’t buy shares any more?
Are we approaching the biggest Catch 22 of all time and is this the Perfect Storm scenario?
It sure looks like it to me on both counts.
Recent CCO News
- Clear Channel Outdoor, Circana Alliance Delivers CPG Brands Greater Measurability, Insights & Performance for the OOH Ad Spend • PR Newswire (US) • 09/17/2024 01:45:00 PM
- Cameco nommée au TSX30 pour 2024 • Business Wire • 09/10/2024 10:14:00 PM
- Clear Channel Outdoor Holdings, Inc. to Participate in Deutsche Bank's 32nd Annual Leveraged Finance Conference • PR Newswire (US) • 09/10/2024 08:05:00 PM
- Cameco Named to TSX30 for 2024 • Business Wire • 09/10/2024 01:00:00 PM
- Clear Channel Outdoor Holdings, Inc. to Participate in Citi's 2024 Global TMT Conference • PR Newswire (US) • 08/20/2024 11:00:00 AM
- Clear Channel Outdoor Holdings, Inc. Reports Results for the Second Quarter of 2024 • PR Newswire (US) • 08/07/2024 10:00:00 AM
- Cameco présente ses résultats pour le deuxième trimestre : les prévisions pour 2024 sont maintenues ; solide performance d'exploitation ; les résultats financiers sont le reflet d'une transition vers des indicateurs économiques de premier plan... • Business Wire • 08/01/2024 11:30:00 PM
- Cameco reports Q2 results: 2024 outlook on track; strong operational performance; financial results reflect transition to tier-one economics; durable demand outlook driving long-term price increases; disciplined strategy capturing long-term value • Business Wire • 07/31/2024 10:41:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 08:15:05 PM
- Clear Channel Outdoor Holdings, Inc. Announces Date for 2024 Second Quarter Earnings Release and Conference Call • PR Newswire (US) • 07/08/2024 11:00:00 AM
- 'Visit Annapolis' Out of Home Campaign Dominates Baltimore/Washington International Thurgood Marshall Airport (BWI) as Record-Breaking Summer Travel Season Kicks Off • PR Newswire (US) • 06/28/2024 12:05:00 PM
- Cameco publie son rapport sur le développement durable 2023 • Business Wire • 06/27/2024 10:44:00 PM
- Cameco Releases 2023 Sustainability Report • Business Wire • 06/27/2024 04:53:00 PM
- Maricopa County, Clear Channel Outdoor Launch Regional Billboard Campaign to Share Critical Heat Relief Resources • PR Newswire (US) • 06/20/2024 05:37:00 PM
- SaskPower, Westinghouse et Cameco signent un protocole d'entente pour explorer le potentiel d'approvisionnement en réacteurs et en combustible • Business Wire • 06/18/2024 12:07:00 AM
- SaskPower, Westinghouse and Cameco Sign MOU to Explore Reactor and Fuel Supply Potential • Business Wire • 06/17/2024 07:14:00 PM
- SaskPower, Westinghouse and Cameco Sign MOU to Explore Reactor and Fuel Supply Potential • Business Wire • 06/17/2024 06:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:10:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:10:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:10:03 PM
- Gabelli Funds to Host 16th Annual Media & Entertainment Symposium Thursday, June 6, 2024 • GlobeNewswire Inc. • 06/03/2024 12:00:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/24/2024 08:07:48 PM
- Cameco finalise un placement de débentures de 500 millions de dollars • Business Wire • 05/24/2024 06:04:00 PM
- Cameco annonce un placement privé de 500 millions de dollars de débentures • Business Wire • 05/21/2024 11:22:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:05:46 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM