Actionable Intelligence Alert with John Polomny

Gold stocks are where uranium stocks were several years ago. Cheap! AIA Weekly 1.25.25

Gold stocks are cheap relative to their business prospects. All-in-sustaining costs (AISC) are around $1500/oz; gold just made a new weekly closing high last week. Many gold mining companies are achieving 50% plus operating margins. The companies are ignored and cheap. This is a tremendous opportunity for astute investors.

Kazatomprom reiterates "Value over Volume" policy equals less uranium supply. AIA Weekly 1.18.2025

Kazatomprom issued their 2025-2034 Development Strategy update. The management reiterated their previous strategy of emphasizing maximizing the value of their assets over just increasing volumes. This will likely mean less uranium supply for the world than many expected.

Is 2025 the year of rotation from overvalued growth to undervalued value stocks? AIA Weekly 1.11.25

Will what worked in 2023 and 2024 work in 2025? Or are we near an inflection where growth stocks sell off and value stocks rally?
I am becoming more bullish on LatAm, especially Colombia and Chile. They are really cheap.

Did Cameco just get rug pulled by Kazatomprom on Inkai JV? AIA Weekly 1.4.25

Kazatomprom announced that it has suspended production at the Inkai JV (Cameco) uranium mine in Kazakhstan (15% of production) as of 1/1/25 due to failed submission of required documents.
Is this accurate, or is it a ruse to push Cameco out of the JV and send this material to China and Russia?

Value stocks cheapest relative to growth stocks in 40 years. AIA Weekly 12.28.24

Value stocks have been the cheapest relative to growth stocks in 40 years. Sell overvalued stocks and buy undervalued ones.

Trump. Buy the election, sell the inaugration. 2025 equals volatility. AIA Weekly 12.21.24

The incoming administration has made many promises about lowering inflation, energy costs, interest rates, home affordability, and other issues. However, it is facing many challenges that could derail its plans. One is the $8 trillion in Federal debt that needs to be rolled over in 2025.

Oil sentiment at record lows. Is oil the 2025 contrarian play? AIA Weekly Video 12.14.24

Oil sentiment is record bearish. This is despite Permian producers cutting capex, sanctions resuming on Iran, and OPEC holding office on returning production to the market. Are we set up for a return to higher oil prices?

Are we at peak shale production growth? Implications for oil prices. AIA Weekly Update 12.7.24

The Q3 Goehring and Rozencswajg commentary has been published. The report argues that the US has reached peak oil and gas shale production. If this is correct, it could cause a big upset in the energy markets, as the markets have the exact opposite expectation.

What if the rest of LatAm goes the way of Argentina. An emerging boom? AIA Weekly 11.30.24

I think we may be experiencing a sea change in politics in Latin America. With Milei's election in Argentina, we see massive, unprecedented economic reforms and a complete rejection of statism. Several other countries in Latin America are going to have elections in 2025 and 2026.
Might the people of these countries be responsive to reforms similar to those in Argentina? If so, we may see a boom in South America.

The US market is still historically overvalued. AIA Weekly 11.23.24

More indicators show the overvaluation in the US markets versus the rest of the world.
I also discuss the further implications of Russia's ban on uranium exports to the US.