Lobo Tiggre:Uranium at a 15% Discount Is a Gift From the Market
Lobo Tiggre of The Independent Speculator joins me to discuss why he is buying uranium stocks, how fiscal dominance shapes his inflation outlook, and what would get him buying another oil sell-off.
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Recording Date 10-22-2026. In this episode, I ask Lobo where he sees opportunity amid geopolitical uncertainty, election risk, and concerns about the AI trade. We discuss fiscal dominance and why he believes enormous government deficits can overwhelm the effects of small interest rate adjustments. Using an illustrative $5 trillion in revenue versus $7 trillion in spending, we examine why inflationary pressure remains central to his outlook. We also review rising M2 money supply, revisit our premature recession calls, and discuss why Lobo prefers holding cash for opportunities rather than predicting the next market crash.
We then examine the disconnect between firm uranium prices and falling uranium equities through URNM and URNJ. Lobo explains why he is buying selected uranium stocks and sees the sell-off as a potential market mistake. We discuss Sprott Physical Uranium Trust, SRUUF, and the roughly 15% discount to NAV he last observed, while acknowledging further downside is possible. Turning to oil, we review my XLE exposure, including Exxon Mobil and Chevron. Lobo outlines a hypothetical recovery from $60 to $90 oil, a 50% increase that could potentially double selected stocks. We close with disciplined entry prices, patience, and the Casey free ride strategy.
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Key Insights In This Episode
✅ Uranium stocks are Lobo's current buying focus despite the sector's continued weakness.
✅ Firm uranium prices and falling equities create what Lobo sees as a contrarian opportunity.
✅ SRUUF's roughly 15% discount was Lobo's last observation, rather than a verified current quote.
✅ Fiscal dominance underpins Lobo's inflationary outlook and preference for scarce real assets.
✅ Lobo favors buying an excessive oil sell-off while maintaining a higher-for-longer price thesis.
✅ Recovering original capital through profit-taking is central to the Casey free ride strategy.
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Affiliates /Tools for Success that I Love and find Helpful:
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Chapters
00:00 Lobo Tiggre on Markets and Holding Cash
04:55 Fiscal Dominance and Inflation
07:38 Why Market Crash Predictions Keep Failing
09:59 M2 Money Supply and Uranium Opportunities
14:24 Uranium Prices Versus URNM and URNJ
18:11 SRUUF and the Discount to NAV
20:04 Why Oil Could Stay Higher for Longer
22:37 Oil Buying Scenarios and Stock Upside
24:46 XLE and the Casey Free Ride
27:26 The Independent Speculator Newsletter
28:10 Premium Gold and Silver Preview
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DISCLAIMER: Steve Barton and In It To Win It are not registered investment advisers or broker-dealers. This is general, impersonal education and opinion - not individualized financial advice. Stocks, price levels, position sizes, and personal trades are not instructions to act. Investing involves risk, including total loss. I may own and trade securities discussed. Any of these links may be affiliate links, meaning at no extra cost to you In It To Win It may get compensation. Any sponsored travel will be disclosed. Information may change without notice. Do your own due diligence and consult a licensed professional. Past performance does not guarantee future results.
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