Sean Brodrick, Editor of Wealth Megatrends and contributing analyst to Weiss Ratings Daily, joins us to review the pullback we’ve seen this week in gold, silver, and the PM mining stocks, but the opportunities presenting investors in the utilities, uranium, and nuclear power stocks.

We start off discussing the correction and consolidation we’ve seen over the last week in gold, silver, and the PM stocks, and why he is just holding onto his existing positions in the metals and miners to keep riding out the longer-term trend to higher levels after this pullback is worked through. He outlines the Chinese economy as a driving factor in the markets this week, as well as uncertainty around the upcoming US elections. Sean reiterated his call for up to $6,000 gold in the next 3 years, so he is still bullish on the precious metals complex longer-term.   

The conversation then pivots into the opportunities Sean is seeing in the companies that can position around the growing demand for electricity for a myriad of reasons.  He highlights Quanta Services (NYSE:PWR), as a utility company that has other divisions in grid rehabilitation and sourcing power for upcoming data center builds.   In addition to the upward trends in utility stocks, we’ve also seen a big rebound in the uranium stocks the last few weeks. We discuss the bright future for more nuclear power, and the opportunities in stocks that can build out small modular reactors or supply the utility companies with the uranium and enriched nuclear fuel so necessary in the West.

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