The Seeking Alpha article - A 2015 Nuclear Renaissance - Should Fuel Solid Gains for Uranium Stocks - has more to do with the geopolitical trend and the rise of future uranium spot prices. The Putin move to facilitate a nuclear reactor for Egypt is interesting. What it does is put an end to economic globalization as we know it. Exxon Mobil XOM lost a billion dollars in Russian oil and natural gas investments. Now, before investing or trading with other countries, multinational corporations will consider whether or not prospective country assets are protected. The Middle Eastern nuclear race is a race to protect oil and oil assets. Saudi Arabia recent development in building a wall in order for them to secure their assets and disallow conflict that could destabilize their economy is a form of protectionism that the world is presently undergoing.
Do multinational corporations view protectionism as a form of growth or is their philosophy being challenged. Ronald Reagan may have called the Soviet Union an evil empire, but it was the multinationals that changed the Reagan opinion that we should partner up with them. This cooperative philosophy was good for business. It allowed companies such as Coca-Cola,, Pfizer, General Electric, and oil conglomerates to create a pipeline for their goods and services everywhere in the world. In fact, Reagan was hailed a hero and also gave a speech on free enterprise as students were looking towards the statue of Vladimir Lenin. What is the net benefit for countries in the Middle East to establish their own nuclear facilities. With Russia, we know that the benefits are huge. It is their nuclear capability, knowledge, and advancements that will propel the nation out of an oil- and natural gas-dominated economy.
Original URL: https://seekingalpha.com/article/2982596-oil-and-uranium-prices-complementing-world-military-trend-growth
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