Uranium

In this screener report, we explore opportunities in nuclear theme, geopolitical hedge, and winners from AI productivity boom.

Uranium’s bull market remains intact, supported by structural supply deficits, rising nuclear demand, and tightening fuel-cycle constraints. The Iran war reinforces energy security concerns while disrupting key inputs like sulfur, exacerbating supply risks. With contracting strengthening and policy support accelerating, uranium is re-emerging as a strategic commodity with durable upside.

As we publish this regularly scheduled GeoMacro Alpha Report, President Trump is warning of civilization-ending strikes against Iran. A bluff? Stage Five on the Seven Steps of Maximum Pressure? A real threat to use weapons of mass destruction? The odds and pattern of Trump's behavior are skewed towards the former, but even small odds of the latter make trading the next 24 hours dangerous.