Russian economic sanctions are by no means as surgical or precise as the Biden Administration would hope. Sanctions on Russia will negatively impact the United States. There will be blowback. Brace yourself.
Well, moments ago the very thorny issue of Russian uranium came to a head moments ago when Russia news agency TASS, cited deputy prime minister Novak, who said that Russia is considering a ban on Uranium exports!
Here’s a brief snapshot from Yahoo Finance (3/21/2022) on how some uranium stocks are reacting:
This is just the beginning folks. Commodity prices, including uranium, are likely going much higher for Americans, especially if the Russian sanctions continue. You might want to plan accordingly.