I had the pleasure of sitting down with Scott from the YouTube channel “Sow ‘N Reap Capital” on Wednesday, June 15.
What’s interesting about this conversation is that I went in hoping to get Scott’s opinion on the current drawback in uranium stocks and he delivered a much more important message. “Ignore the day-to-day noise and believe the thesis, because it really is strong”.
Scott says he doesn’t pay close attention to his portfolio because he thinks commodities are historically undervalued and underinvested. He believes commodities are headed higher over the next decade.
Scott’s best-case scenario is to be out of uranium within 5 years. He believes the thesis will have played out in that time period.
Besides uranium, Scott is also invested in oil and gas, shipping, and some other commodities. However, the two main cornerstones of his portfolio are physical precious metals (gold and silver represent 1/3rd of his portfolio) and uranium (which represents another 1/3rd).
Further on, Scott gave me his opinion and showed me his research, that supports his beliefs in this commodity bull cycle.
Antonio Atanasov is not an investment advisor. Antonio Atanasov owns shares of companies mentioned in this publication. The information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital.
Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Especially if they have orange hair and no experience (me).
Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. Reality often varies from people’s expectations. Managements like over-promising and under-delivering. If a manager was speaking in here, beware. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Company’s Annual Information Form, which is available on www.sedar.com. Reading the full disclaimer on the disclaimer page on this website is mandatory.
00:00 Important warning
01:30 How Scott deals with the volatility in uranium
04:55 Why does Scott use ratios?
10:00 Institutions are selling, Scott says it’s noise
12:45 Should I be trading or holding this market?
15:45 What will attract capital to uranium?
18:40 When & where will the capital come from?
20:42 Why we’re far from the top in uranium
27:25 Why is this market more volatile than the last uranium bull run?
31:00 The risk/reward of SPUT
33:30 Are developers higher risk than SPUT?
40:30 Where is uranium headed?
44:00 Scott’s timeframe on uranium
46:00 How Scott plans on exiting uranium (within 5 years)
47:30 Why Scott sleeps well at night
56:45 How diversified is Scott’s portfolio?
01:05:00 Why is Scott all in on commodities?
Was there something wrong with what the guests said? Did I fail to ask an important question? Did I make a mistake in my reporting? Please tell me about it. Criticism and skepticism are highly welcome and help me learn. Thank you.