Replies to post #30 on Nuclear Energy Stocks

[gfp927z]

The nuclear sector had that huge decline for over a decade, then finally bottomed a few years ago, and is starting to recover. With much of the world actively building nuke plants, I figure there could be an extended recovery ahead. Helping emerging countries build nuke plants is a key factor in China-Russia's strategy to expand BRICS, and the US is being forced to scramble to get into the game via offering the new SMR / small reactors. So if everyone is getting into it, I guess us investors should too.

The sector appears to have complex dynamics, but I figure a modest investment in the broader ETFs makes sense.. I don't know enough about the sector to pick individual stocks, but Centrus Energy (LEU) sounds promising so what the heck, and the longer term chart looks interesting also.

NLR is somewhat different than the other ETFS (URA, URNM) in that it has more nuclear utilities, while the others are heavier into the uranium mining side. The NLR chart is starting to look a little near term overbought, but the others look like they may just be getting warmed up.



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[gfp927z]

Fwiw, I've been looking for areas to supplement the core S+P 500, bonds, cash, T-Bills, metals, so nuclear should provide some diversification. Jim Rickards likes these areas (below), and Bigworld has some of these also -

Land
Energy
Agro
Defense
Real Estate (but avoiding commercial RE)

Some conservative ideas I'm considering as long term buy/hold include -

Agro - Deere (DE)

Energy - Occidental (OXY) (Buffett)

Defense - Sector ETF (PPA)

Water - Sector ETF (FIW, PHO)

Land - this is tougher. The Farmland REITS (LAND, FPI) are interesting but extremely volatile.

Real Estate - would be best to just get a bigger primary residence, with some land / acreage. Or maybe a vacation home (?) However this requires some relatively big $, and owning real estate isn't for everyone, with the maintenance, etc. So I guess various REITS would be an option.

Thanks for any ideas :o)



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[gfp927z]

Well, I decided to pick these up today, albeit modest positions ($1000 each) -

Agro - Deere (DE)

Energy - Occidental (OXY) (Buffett)

Defense - Sector ETF (PPA)

Water - Sector ETF (FIW, PHO)

Most asset allocation models have a 'Commodities' component, and these could fit loosely in there (except for Defense). OXY will supplement the Nuclear components within the Energy category. Agro is a tough area to find suitable long term buy/hold investments, since agro commodities are so volatile. I figure DE is very solid, and for the big agribusiness group like ADM and fertilizer / agro chemicals there is MOO. So MOO might be the next one to get.

Btw, Nice bounce for RIBT today. The only news I see is a delisting notice from the Nasdaq, so there must be something else that caused the surge. Volume was fairly low, but looks like the rise began just before 2:00 pm and then it ran up into the close. So maybe something good coming soon? :o)

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001063537/000143774923024890/ribt20230828_8k.htm



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