EPISODE · May 6, 2026 · 28 MIN
THE URANIUM BUBBLE THAT CRASHED 95% - AND IS REPEATING NOW
from Sleepy Stock Market · host Sleepy Stock Market
Uranium hit an inflation-adjusted record of $200 a pound — then collapsed 95% and wiped out fortunes. The 1973 OPEC oil shock triggered a uranium frenzy, pushing US production to a peak of 45 million pounds in 1980, but commercial stockpiles swelled to 550 million pounds by 1983 — eight years of excess supply. Three Mile Island in 1979 killed demand, Fukushima in 2011 reset the cycle, and today uranium has doubled again from $50 to $100 a pound in just nine months. The pattern is uncomfortably familiar.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#Uranium #CommodityBubble #NuclearEnergy #UraniumPrice #ThreeMileIsland #Fukushima #EnergyMarkets #InvestingHistory #ResourceBubble #OPEC
What this episode covers
Uranium hit an inflation-adjusted record of $200 a pound — then collapsed 95% and wiped out fortunes. The 1973 OPEC oil shock triggered a uranium frenzy, pushing US production to a peak of 45 million pounds in 1980, but commercial stockpiles swelled to 550 million pounds by 1983 — eight years of excess supply. Three Mile Island in 1979 killed demand, Fukushima in 2011 reset the cycle, and today uranium has doubled again from $50 to $100 a pound in just nine months. The pattern is uncomfortably familiar.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#Uranium #CommodityBubble #NuclearEnergy #UraniumPrice #ThreeMileIsland #Fukushima #EnergyMarkets #InvestingHistory #ResourceBubble #OPEC
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THE URANIUM BUBBLE THAT CRASHED 95% - AND IS REPEATING NOW
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