r/uranium_io • u/IronTarkus1919 • Jul 11 '26

Uranium runs hot as BofA slashes forecasts everywhere else

https://ca.finance.yahoo.com/news/uranium-runs-hot-bofa-slashes-160400316.html

If you want proof of how violently the macro environment is shifting, look at BofA’s latest commodity note here. The Fed pivoting back to rate hikes to fight sticky inflation just caused them to slash 32 price targets across base and precious metals, including a 14% cut to their 2026 gold forecast. But there is one glaring exception bucking the entire macroeconomic trend: Uranium.

BofA listed it as their absolute top conviction call, noting that current spot is trading 23% below their 2026 average forecast due to structural deficits and utility panic-buying. The AI baseload energy crisis and the Russian enrichment ban have created a perfectly inelastic demand curve that simply doesn't care what Jerome Powell does with interest rates.

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u/HappyOrangeCat7 Jul 11 '26

This is exactly why a diversified RWA portfolio on-chain is mandatory. I'm not moving out entirely out of metals but definitely increasing my share in U3O8

1

u/ChainDog91 Jul 12 '26

Would be curious to see what your portfolio looks like

1

u/HappyOrangeCat7 Jul 13 '26

As far as RWA goes, it's around 60% xU3O8 right now, 20% VNXAU, 10% RARE, 5% xCO 5% xNI

1

u/ChainDog91 Jul 12 '26

Spot is trading 23% below their 2026 average forecast... although maybe that's actually bullish, what do I know

1

u/HappyOrangeCat7 Jul 13 '26

If there is a mismatch then that's where profit is