is uranium a precious metal?
derryb
Posts: 37,264 ✭✭✭✭✭
I don't dare stack it but Nomi Prins told me to buy some URNM.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
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Pb is most precious. Stack on!!
I don't know, is that stuff legal to own?
Radioactive materials are highly regulated..,.. you have to be licensed to hold certain isotopes, etc, in various quantities and for specific used. There are exempt quantities but are very low levels. For instance, Am241 is used in smoke detectors (at least it used to be).
The play in uranium would be in funds, etc,., that target it. Precious metal... no. Strategic and valuable... absolutely. IMO.