$Plug Power(PLUG.US) $NuScale Power(SMR.US) $Bloom Energy(BE.US) $Centrus Energy(LEU.US) $Pan American Silver(PAAS.US)

I find this set of narratives quite messy 🌱. Both clean energy and precious metals talk about de-dollarization and energy transition, but the US dollar is clearly strong now, so the logic doesn't quite hold up. Plug and Bloom have too thin fundamentals and are really fragile in a high-interest-rate environment. My own thinking is that when narratives are chaotic, I hide in places backed by physical assets, so LEU and Pan American Silver would be my top choices.