Against All Odds Research

Against All Odds Research

Share this post

Against All Odds Research
Against All Odds Research
The One Trade Powering the Next 20 Years

The One Trade Powering the Next 20 Years

Electricity demand is spiking. The world’s scrambling. There’s only one fuel that can keep up.

Jason Perz's avatar
Jason Perz
May 29, 2025
∙ Paid
7

Share this post

Against All Odds Research
Against All Odds Research
The One Trade Powering the Next 20 Years
3
Share

Electricity demand is exploding. Data centers, AI, electric vehicles—none of it runs without power. The grid isn’t ready. Solar and wind are intermittent. That leaves nuclear.

Nuclear runs 24/7. It’s scalable. It doesn’t care if the sun’s out or the wind blows. That’s why governments are extending plant lives and building new ones. That’s why 440 reactors are online and 151 more are coming.

But there’s a problem.

Reactors need uranium and we don’t have enough.

Annual demand is rising but supply isn’t. Existing mines can’t close the gap. Inventories are shrinking. Secondary sources are drying up. That’s how shortages start and in markets like this, shortages lead to price spikes.

It’s not just policy, it’s not just supply, it’s trust.

The world doesn’t trust global supply chains anymore. Energy security is national security. Countries are stockpiling. Producers are locking in contracts. Hedge funds are hoarding physical uranium.

Even tech giants are investing in nuclear. Not for PR—for power.

You want to be long the thing everyone’s going to need, but few are prepared to source.

That’s uranium.

Look at a chart of CCJ.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Jason Perz
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share