Sharks, Torpedoes, and The Next Big Market

Written By Jimmy Mengel

Posted August 24, 2017

On July 30th, 1945, a navy ship carrying 1,196 crewmen was blown to pieces by a surprise Japanese attack.

The torpedo that hit the ship blasted some 60 feet off the bow and triggered a blast of aviation fuel that shot hundreds of feet into the sky. The chain reaction of explosions tore the ship in two…

She sank in 12 minutes, taking 300 men down with her and forcing the rest of the crew to fight for their lives in the middle of the Pacific Ocean.

Men were stranded for three days with almost nothing in the way of lifeboats, food, or supplies. They were left adrift in 100-degree heat. The victims were forced to tear lifejackets from the dead in order to stand a chance at surviving.

Oh yeah, and that part of the ocean was swarming with bloodthirsty sharks.

Considering the sheer amount of blood in the water, it’s no surprise that the sharks gathered en masse around the men. And these were some serious sharks: the oceanic whitetip, a very aggressive shark.

whitetip shark

Naval command seemingly had no clue that the ship had gone down — despite intercepting a message from Japan telling them exactly that. They thought it was a trap…

Another SOS message was ignored because one commander was passed out drunk and another asked “not to be bothered.”

I’m sure most know by now that I am talking about the USS Indianapolis. That incident ended up being the single deadliest attack on the U.S. Navy. 579 men died and only 317 made it out alive.

It stands as the greatest shark attack in human history. It even inspired the famous soliloquy from Jaws.

Sometimes that shark looks right at ya. Right into your eyes. And the thing about a shark is he’s got lifeless eyes. Black eyes. Like a doll’s eyes. When he comes at ya, he doesn’t even seem to be livin’… ’til he bites ya, and those black eyes roll over white and then… ah then you hear that terrible high-pitched screamin’. The ocean turns red, and despite all your poundin’ and your hollerin’ those sharks come in and… they rip you to pieces.

You know by the end of that first dawn, lost a hundred men. I don’t know how many sharks there were, maybe a thousand. I do know how many men, they averaged six an hour.

It has been in the news this week after a research vessel finally found the ship — after 72 years of being lost in a watery grave. 

While the death, sharks, and the sheer horror of the scene made the USS Indianapolis a famous story, there is one thing that is usually absent from the chilling tale: what the USS Indianapolis was doing before all hell broke loose…

Prior to being torpedoed, the USS Indianapolis carried out perhaps the single most important secret mission of all time. She was to drop off supplies for Little Boy — the nuclear bomb that destroyed Hiroshima.

She succeeded in her mission, and set another — less grim — record in the process: she reached Pearl Harbor from San Francisco in 741⁄2 hours with an average speed of 29 knots. That record still stands today.

But the most important thing the USS Indianapolis was delivering that day?

Half of the world’s supply of Uranium-235…

Now, you may be asking, what in the world does this mean for investors?

Uranium-235 supplies the power for nuclear power plants. And it couldn’t be a more important time to take note of that fact.

According to the IEA, nuclear power is responsible for more than 10% of the world’s energy supply. And, right now, it’s in the early stages of a potential bull market super-cycle.

This will dwarf the run we saw from 2003 through 2010 when spot uranium went on a 126% run from under $10 per pound to over $136.

And there is one company that could be sitting on the mother lode of Uranium-235. But it isn’t a traditional uranium mining company. It is able to get far more with far less…

Uranium mining is normally very expensive; it costs hundreds of millions of dollars or more to put a traditional uranium mine into production.

Then it costs $40… $50… $60 per pound — or more — to get to market.

One tiny Texas company doesn’t have those problems. With its technology breakthrough — it can literally suck the uranium out of the ground… like water through a straw. 

So — instead of $450 million…it only costs TEN to activate a deposit. When it does — its operating costs are HALF the industry average.

It now sits on greater energy reserves than most countries. 

It is the same story that we saw with the fracking revolution a few years back. It could be a game-changer.

When the uranium super-cycle hits in the next few months, this stock will have enormous leverage to rising uranium prices. Here’s what you need to know…