Elon Musk has never shied away from expressing his opinions. And recently, he urged countries to increase their nuclear power generation. He said it was "insane from a national security standpoint" to shut down operating plants.
Other members of the "billionaire club" seem to agree... Bill Gates, George Soros, Peter Thiel, Jeff Bezos, and Warren Buffet are also backing advanced nuclear reactors as a vital energy source.
This nuclear revival means that investors are taking a fresh look at uranium. The yellow metal provides the fuel essential to power nuclear power plants of all sizes.
Unfortunately, the domestic mining industry has been dormant for a decade. With the new focus on nuclear energy - and government incentives to push it forward - some industry experts believe a new uranium bull market may be about to take off.
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