The resource sector is reeling this week, as many minerals prices have become collateral damage in the trade war. Metals are blipping up today, but are down across the board over the last few months. Precious metals suffered a major meltdown this week—and I have to say, they may not be done falling yet.

There is, however, one exception: uranium.

As you can see in the chart below, the “other yellow metal” remains relatively on sale, but is up this week, this month, and this year. In fact, it just put in a two-year high.

This is significant for a number of reasons.

• The fact that uranium is bucking the sector-wide trend tells me its price is responding to strong forces specific to the uranium market.
• The fact that the current uptick is higher than the last two failed rallies tells me the bottom is likely behind us.
• That the Japanese are restarting nine nuclear power reactors this year and have plans to restart 30 in total tells me they’re likely done selling their excess uranium stockpiles.
• The fact that a lot of uranium companies have seen their shares selling off with gold and copper stocks tells me there’s a very specific opportunity to get in cheap—right now—before Mr. Market realizes he’s been selling the wrong stocks.

All of this combined is the set of conditions I was looking for to start buying uranium stocks.

I’m in.

If you want to see where I’m putting my own money—as well as what other stocks I’m buying while prices are down—there’s still time to subscribe before next Monday’s edition of The Independent Speculator.

You can do your own due diligence, of course. There are several great stocks to choose from—and a lot less garbage, now that the field of uranium plays has been narrowed from about 500 to about 50.

However you play it, happy hunting, and good luck.