I believe that shares in uranium mining and exploration companies will be excellent investments for the next few years. The reason is simple oil is a declining resource. There have been no significant new discoveries of oil anywhere in the world in decades. Eventually oil will run out, probably sooner than we think. We won’t run out of oil tomorrow, but it will happen over the next few decades.
Since battery storage is not developed enough to switch to solar power, and since no-one wants a windmill farm in their backyards, we are left with nuclear power as the only logical future energy source.
Nuclear power has three obvious advantages First, it’s clean. It produces no smog or greenhouse gases. Obviously it does produce radioactive waste, but as technology improves we are able to increasingly utilize what used to be considered spent fuel, and all of the radioactive waste produced from all of the nuclear reactors currently in use could be stored in a few large buildings. » Read more: Uranium – Why Uranium Mining Stocks Will Be a Great Investment for the Next Few Years