The Uranium Catalyst Nobody Expected
COVID-19 has been a massive disruptor of global supply chains and has already had a huge effect on energy commodity prices. Demand shocks like those seen in the oil market have caused prices to plummet while prices for other commodities are rising as supply chains break down. Arthur Hyde, partner and co-portfolio manager at Segra Capital Management, joins Real Vision to explain why he believes uranium falls squarely in the second camp. Hyde argues that higher uranium prices have been a long time coming and that this crisis could be the spark that finally puts the power back in the hands of producers. He drills down on the unique dynamics of the uranium market, the supply and demand backdrop coming into the crisis, and the way he sees this setup playing out over the next few years and beyond.