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This will be the 'best performing asset' in next 2 years - Mart Wolbert

Kitco News

(Kitco News) - The uranium market has arguably the best fundamentals in the commodity space right now,  or any asset class, said Mart Wolbert, founder and writer of the Contrarian Codex newsletter.

"I would argue that uranium has the best fundamentals underpinnings of any investment asset class in the current market, even after this big run-up," Wolbert told David Lin, anchor for Kitco News. "I would argue that uranium would be one of the best, if not the best performing investment asset class in the coming one or two years."

The uranium market is currently in a market deficit, Wolbert noted.

"A lot of people think that nuclear power is a dying industry but it's nowhere close to that. Recent numbers, and those are very conservative numbers in my opinion, have nuclear grow at approximately 2.6% all the way through 2040. That growth is coming mostly out of Asia, and a bit out of Africa as well," he said.

For more information on nuclear energy growth and how to pick uranium stocks, watch the video above. Follow David Lin on Twitter: @davidlin_TV.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.