What if Restarted mines and tails re-enrichment glut uranium supply?
High prices coax mothballed mines back and incentivize re-enrichment of tails, adding secondary supply that overshoots demand and drags uranium back into surplus.
how we built this number — every step
The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.
The butterfly cascade
How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.
Resolution timeline — how this probability is moving
Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 1–3 years horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.
What it would mean
If this plays out, it is a mixed shock. High prices coax mothballed mines back and incentivize re-enrichment of tails, adding secondary supply that overshoots demand and drags uranium back into surplus. The trigger decomposes into signed root‑shocks — Clean-energy abundance ▲ · Industrial demand ▼ · Inflation expectations ▼ · Risk appetite ▼ — which propagate through our causal graph to the markets below.
If it happens — the markets it would move
Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.
| Market | Class | Projected move | |
|---|---|---|---|
| 1 | Energy sector XLEon Hyperliquid 📈 chart | Equity | ▼ -0.5% hist -1.13–+0.15% · other way -9.23% (n=5) |
| 2 | Brent crude BRENTon Hyperliquid 📈 chart | Commodity | ▼ -0.4% hist -1.89–+0.48% · other way -11.14% (n=5) |
| 3 | ExxonMobil XOM 📈 chart | Equity | ▼ -0.4% hist -0.79–+0.12% · other way -1.12% (n=12) |
| 4 | WTI crude CLon Hyperliquid 📈 chart | Commodity | ▼ -0.4% hist -1.6–+0.3% · other way -9.7% (n=5) |
| 5 | Freeport (copper) FCX 📈 chart | Equity | ▼ -0.3% hist -0.58–+0.69% · other way -9.62% (n=5) |
| 6 | United Airlines UAL 📈 chart | Equity | ▲ +0.2% hist -2.13–+5.18% · other way +70.35% (n=5) |
| 7 | Chevron CVX 📈 chart | Equity | ▼ -0.2% hist -0.87–+0.26% · other way -1.51% (n=12) |
| 8 | Copper XCUon Hyperliquid 📈 chart | Commodity | ▼ -0.1% hist -1.12–+0.32% · other way -5.94% (n=5) |
| 9 | Delta DAL 📈 chart | Equity | ▲ +0.2% hist -1.08–+3.02% · other way +33.73% (n=5) |
| 10 | 30y Treasury yield DGS30 📈 chart | Rate | ▼ -1bp hist -2.6–+0.52% · other way +38.2% (n=10) |
| 11 | 10y Treasury yield DGS10 📈 chart | Rate | ▼ -1bp hist -3.17–+0.65% · other way +28.0% (n=12) |
Probable recommendation
Historical precedent — what analogous events actually did
Across 40 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.
| Asset | History says | Abnormal (20d · 5d) | Hit | n | Confidence | vs cascade |
|---|---|---|---|---|---|---|
| CL CL | SHORT | -1.3% · 5d -1.5% | 64% | 34 | 0.24 | ✓ matches cascade |
| XLE XLE | SHORT | -0.8% · 5d -0.3% | 61% | 34 | 0.21 | ✓ matches cascade |
| XCU XCU | SHORT | -1.0% · 5d -0.6% | 60% | 34 | 0.19 | ✓ matches cascade |
| 10y yield DGS10 | SHORT | -2bp · 5d +1bp ↺ fades | 59% | 40 | 0.16 | ✓ matches cascade |
| BRENT BRENT | SHORT | -1.6% · 5d -1.7% | 58% | 32 | 0.15 | ✓ matches cascade |
| Gold XAU | LONG | +0.4% · 5d -0.5% ↺ fades | 57% | 34 | 0.14 | · |
| DAL DAL | LONG | +2.7% · 5d +0.1% | 57% | 32 | 0.13 | ✓ matches cascade |
| CVX CVX | SHORT | -0.7% · 5d -0.2% | 56% | 40 | 0.10 | ✓ matches cascade |
| UAL UAL | LONG | +4.8% · 5d -1.2% ↺ fades | 54% | 33 | 0.08 | ✓ matches cascade |
| XOM XOM | SHORT | -0.5% · 5d -0.2% | 52% | 40 | 0.04 | ✓ matches cascade |
| 30y yield DGS30 | SHORT | -2bp · 5d +1bp ↺ fades | 52% | 40 | 0.04 | ✓ matches cascade |
| Volatility VIX | SHORT | -1.4% · 5d -2.8% | 52% | 36 | 0.04 | · |
| US dollar DXY | LONG | +0.2% · 5d -0.0% ↺ fades | 52% | 40 | 0.04 | · |
| FCX FCX | LONG | +0.9% · 5d +0.4% | 45% | 34 | 0.00 | ⚠ differs |