"(Regardless of what happens with Kazatomprom), I still think that this is the year that we start seeing new long-term contracts signed at significantly higher uranium prices, which will be a game changer" - Lobo Tiggre, He also noted that he's bullish on uranium even if Kazatomprom's supply stays steady. When events were first unfolding I heard from Lobo Tiggre of, who as usual offered a measured take, saying that there had been no confirmation of any impact on Kazatomprom. The country is the world's top producer of the commodity, and unrest has raised questions about whether supply from Kazatomprom (LSE: KAP) could be affected. I also want to take a brief detour into uranium, which has come into the spotlight already in 2022 due to the situation in Kazakhstan. We'll be asking another question on Twitter next week, so make sure to follow us and follow me to share your thoughts!
By the time the poll closed, nearly 40 percent of respondents had voted for Q2. We learned in December that most of our followers think the metal will surpass US$2,000 in 2022, so we followed up by asking when it could happen. With gold in mind, we revisited a previous Twitter poll this week.
Producer Price Index information shared Thursday (January 13) shows US wholesale prices rose 0.2 percent in December, which is lower than expected however, the index was up 9.7 percent over the course of 2021. So in real life it's much higher than what the official statistics (show)" - Nick Barisheff, BMG Group "Although 7 percent is the highest in a very long time, if you calculate inflation the way it was calculated in 1980, the inflation rate would be 15 percent.
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