If you think gold is worth owning, wait until you see uranium

[Kamaji]

If you think gold is worth owning, wait until you see uranium

By Simon Black - August 22, 2023

via Sovereign Man

Gold has its merits. It has been valuable for thousands of years, and has some industrial applications as well.

But holding a kilo of gold in your hand, all you can really do is admire it, and appreciate that it is a great store of wealth.

Holding a kilo of uranium, you have in your hand a resource that has enough energy to supply a day’s power to 30,000 people.

That’s not just impressive; it’s transformative in a world being run by absolute buffoons.

Politicians, in their infinite wisdom, continue to plunge the US into deeper debt, racking up trillions in deficits year after year.

And when global credit rating agencies like Fitch sound the alarm on their fiscal irresponsibility, these politicians don’t just turn a deaf ear; they outright reject and ridicule the warnings. They gaslight the public and say: No! There is absolutely nothing wrong with borrowing trillions and trillions and racking up debt worth 120% of GDP. Fitch is the crazy one, not us!

Then they dump all this borrowed money into things like the “Inflation Reduction Act.” Shockingly, turns out that had nothing to do with inflation. It was a thinly veiled attempt to appease climate fanatics.

Don’t misunderstand me. I’m all for clean air and a pristine environment. But I also believe in making informed decisions. The hard truth is that wind and solar energy are not efficient nor cost-effective.

But fanaticism blinds people to facts and data.

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Source:  https://www.thedailybell.com/all-articles/news-analysis/if-you-think-gold-is-worth-owning-wait-until-you-see-uranium/