/biz/ - Business & Finance

>>51134464
>>51134489
Yes. But taking out a loan to buy stocks doesnt always work. in investing its called taking a margin loan and you can buy more shares with it. lots of people do it, but in the current stock market theres wild swings and its easy to lose money. personally i wouldnt use margin as its not super necessary for longterm wealth creation.

>>51134507
i dont think so. its why uranium is such a good play. JPow can heem the economy into the ground and oil will undoubtedly be hit as the global growth weakens, but uranium is used to produce electricity for homes, and that is a demand that is consistent and inelastic. there's also no JPMorgan in the sector trying to manipulate prices like silver. Theres no cartel like OPEC shocking markets with cuts. the one player in the sector: Sprott is simply buying spare inventory. The sector is tiny, and incredibly cheap in relation to stocks and other commodities like oil and gold. The uranium sector seems to have a correlation to XLE and the broad market. Sometimes when SP500 is down, uranium is down even more. And when energy is hit hard, uranium is down too. So I think uranium stocks would be hit in the short term if oil got hit hard.

>>50900677
UUUU
UEC
EU.V
GLO.TO
DNN
ISO.V
URNM