Overview NexGen Energy (NXE) is an advanced stage uranium exploration company located in the prolific Athabasca basin in Saskatchewan, Canada. The basin is home to some of the highest grade uranium deposits in the world. Uranium major Cameco (CCJ) has…
Section 232 Petition: All Hype, No Substance
Background In January 2018, two US based uranium producers Ur Energy (URG, MCap $153.4 million) and Energy Fuels (UUUU, MCap $327.7 million) filed a petition before the US Department of Commerce (DoC) seeking protectionist measures against import of uranium products…
Still A Gold Bull
What is it about gold that drives investors to polar opposite viewpoints? Keynes called it a barbaric relic and thought it ought to be demonetized, while during the Vietnam War, Vietnamese refugees sewed it into their socks so they could…
Understanding Interest Rates
What is the interest rate? Is it something that the RBI sets, or is it something inherent to the economy? If the latter, how does it originate? These are tricky questions, but understanding this key concept is particularly important for…
The Golden Age of Fed Omnipotence
The entire financial community waits with bated breath for the answer to the one question: will she, or won’t she? One woman holds sway over the world financial markets. She has the power to make or break vast fortunes, equivalent…
Global Macro Investing, Part II
In my last article, I contrasted international investing under the British Empire to global macro investing today. In this article, I’ll delve deeper into the topic. A global macro investor needs to have an understanding of all asset classes across…
Deflation, Inflation and Hyperinflation
Note: This post is intended for an audience for whom it is obvious that we are fast approaching the end game of the dollar collapse. The question of the day is how will it all end? Are we going to…
100 Years of Central Banking: Crises and Consequences
Talk given at DoMS, IIT-M as a part of Finance Club on August 5, 2014
Bitcoin cautions users of Fiat Currencies against Risks
My reply to an RBI notice: RBI cautions users of Virtual Currencies against risks Bitcoin has today cautioned the users, holders and traders of Fiat Currencies (FCs), including the Indian Rupee, about the potential financial, operational, legal, customer protection and security…
Sorry Mr. Christensen, but there is no Capitalist’s Dilemma
Prof. Clayton Christensen of Harvard Business School and The Innovator’s Dilemma fame penned an article for Harvard Business Review June 2014 edition titled The Capitalist’s Dilemma. In it, he attempts to apply his strategic thinking to the question: Why aren’t…
