2 claims in “commodities, finance”
The Spot Physical Uranium Trust entered the market in 2022 and procured 40 million pounds of uranium in a single year—approximately one-third of global annual primary supply—locking up inventory for the foreseeable future and acting as a second black swan event (after policy-driven demand acceleration) that removed a large supply cushion from the market.
Tin is currently one of the best-performing commodities in 2024, up approximately 30% at the time of writing, making it worthy of investor attention despite being an obscure or overlooked market.