I am very grateful that I had a long-time client, Richard Sacks, highly recommend Uranium as a Trend trade back in Summer/Fall of 2020. He is also the founder/money behind Uranium Insider, the world’s leading newsletter on the subject of all-things Uranium.
In the list of equities under "Uranium Investment Vehicles", URNM is not spot. SRUUF or U.UN is the Sprott Physical Uranium Trust (SPUT), and is the vehicle that most closely tracks the spot uranium price. URNM is another ETF, but an actual pure uranium play vs URA, the latter having quite a bit of non-uranium stuff in the mix. The volume on URA is considerably larger though.
In the list of equities under "Uranium Investment Vehicles", URNM is not spot. SRUUF or U.UN is the Sprott Physical Uranium Trust (SPUT), and is the vehicle that most closely tracks the spot uranium price. URNM is another ETF, but an actual pure uranium play vs URA, the latter having quite a bit of non-uranium stuff in the mix. The volume on URA is considerably larger though.
Here is the link to the original article published in October '23.
https://themadking.com/article/call-me-elemental/