NEW PICKS

Looking into our stock portfolio, what do we own now: banks, entertainement, manufacturers and freight. But what about mines ?

Ok, there are many of them and i will go with something more exotic: uranium.

2 of them catched my attention: FIU and UUU.

Both of them have already been corrected since 4 months and these 2 represents good possible appreciation in short term.

UUU is awaiting a deal with Japan that could double his value and it is a pure uranium play. These days Uranium price are at about 40% discount of what they were not too long ago. I would play this one for appreciation within 6 months and ONLY small amount at the time as it is on a very negative trend on low volume. Whenever it goes back to 2,45 with some good volume, it will be a good buy but again be carefull. Contrarians will love this one ! (Interestingly it's symbol just been added to S&P small cap index)

FIU is another great one corrected by more than 50% in the last 6 months and is a play based on uranium and gold. On the short run, it could be a 100 % one within 2-3 months as it could easily goes back to 8$ if gold stays where it is and uranium would be decent enough to climb back to past value. With those 2 conditions, this one could rocket to 13$.

These are my 2 new picks and for the moment and my preferred one is FIU then UUU. If you want to go with both, i would suggest 66% FIU and 33% UUU.

At this time i would not invest in base metals like copper. Run could be really good but will mostly depends on China until recession is really over.